Category Archives: Debt Relief
Understanding Wage Garnishment and What You Can Do to Stop It
No one intentionally falls behind on their bills, and when someone is unable to make a house payment or a car payment or a student loan payment, it is likely because he or she does not have the extra funds to do so. So why does it make sense for creditors and federal agencies… Read More »
Debt Consolidation or Bankruptcy: Which is Better?
If you are drowning in debt and are looking into debt relief options, you may be wondering whether debt consolidation will work for you or whether you should file for bankruptcy. While both options have their merits, you should first note that the federal government requires all potential bankruptcy filers to go through credit… Read More »
The Emotional Effects of Stress and How They Negatively Impact Your Life
Someone once said that money cannot buy happiness. That person clearly never had to stare at a stack of unpaid bills and determine which were the most important to pay this month. He or she never had to choose between making the full mortgage payment or putting food on the table, and they clearly… Read More »
When You Need to Hire an Attorney for Tax Relief
Being behind on your taxes can be stressful, but when your delinquency results in tax liens, levies, and notices from the agency itself, your stress may quickly turn into fear. While you may be compelled to dodge letters from the IRS and hope that eventually all attempts at contact will cease, that is the… Read More »
Can Bankruptcy Help When You Have Student Loans?
The student loan debt crisis is a very real crisis, with the U.S. having a combined total of $1.48 trillion in student debt. That is $620 billion more than the U.S.’s total credit card debt. It is safe to say that the ever-rising costs of higher education are to blame. Unfortunately, the economy is… Read More »
Don’t Go Through Bankruptcy Alone! 3 Reasons to Retain an Attorney to Help
Bankruptcy is one of the most difficult things you may go through in your life as you stand to lose everything you’ve ever worked hard for. Your home, your vehicles, fine art, and other valuable possessions become property of the bank, and while the prospect of starting over is nice, losing your material possessions… Read More »
Should I Pay An Old Medical Bill in Collections?
Medical bills are one of the worst kind of bills to have as a) they are expensive even with insurance and b) they often come at a time when you are either too hurt or ill to work. For these two reasons, many medical bills end up making their way into collections, leaving the… Read More »
Stop Digging Yourself Deeper Into Debt! Here’s How
There are few worse places that you can be than in debt, yet that’s just where many Americans find themselves all too often. For the average American, credit card debt in the vicinity of $16,000 is nothing to blanch at. The average household with any kind of debt does not think twice about an… Read More »
Drowning in Debt? Use These Tips to Stop Creditor Harassment
Considering the ease with which credit card companies approve applications these days, it is no wonder that just a few years ago, 80 percent of American consumers were in debt. Today, thanks to consumer awareness and smarter spending habits, that number has decreased to just 75 percent, according to CNBC. However, that is still… Read More »
What To Do if You Are Sued for Credit Card Debt
Having a lawsuit brought against you can be a scary thing, but it is even more so when the lawsuit is due to your mountains of credit card debt that you have been unable to pay. Whether you lost your job or simply failed to realize how out of control your debt actually was,… Read More »
