If you’re worried about your credit or personal debt, you’re certainly not alone. The good news is that a solution exists for just about any debt situation. Take look at these statistics: Nearly 40 percent of Americans worry about paying their monthly bills. Almst one third of individuals have a credit score of less than […]
Just like anybody, teachers can find themselves facing overwhelming debt. This could be due to unpaid credit cards, medical expenses or other unexpected situations. In some cases, bankruptcy may be your best legal option. When filing for bankruptcy as a teacher, there are some important factors to consider. Let’s find out more. Consult a bankruptcy […]
The 2016 holiday season is over, and while final results won’t be published for another month or so, initial data indicates that US holiday sales are expected to exceed $1 trillion. This is an increase of approximately 4% over 2015 holiday sales. Did you stick to your holiday budget this year? See how your spending […]
Just like anyone else, members of the armed forces may find themselves facing insurmountable debt. This can occur due to medical bills, moving costs or other unexpected financial stress. In situations like this, bankruptcy for military personnel is a viable and legal option. By law, military personnel are allowed to file for both Chapter 7 […]
For anyone with debt problems, including a federal employee, bankruptcy is a viable option to get back on track financially. Often the debt crisis is caused by an event for which you have little or no control over, such as an extended illness, a death in the family, or a divorce. Still, you may be […]
In some cases, it may come as a surprise that your credit is damaged. For example, you might get turned down for a credit card, loan or mortgage. However, many people already know that their credit is bad due to accumulating unpaid debt. When you’re facing a financial difficulty, you may decide to repair your […]
Anyone facing a personal debt crisis might consider filing for bankruptcy. In many cases, this is the best legal option to get back on track financially. Maryland bankruptcy court is actually a division of the United States Bankruptcy Court. There are 94 federal judicial districts in total, including the district of Maryland. Is A Court […]
If a person files for bankruptcy then dies before discharge, the way the debts are handled depends on several factors. The type of bankruptcy (Chapter 7 vs. 13) and the wishes of the debtor’s heirs can all come into play. Let’s find out more. Deceased Debtor & Chapter 7 Bankruptcy In Chapter 7 bankruptcy, debts […]
If you have outstanding unpaid debt, creditors may seek to have your wages garnished. Wage garnishment is when part of your salary is sent directly to a creditor before you get paid. Even though wage garnishment is legal, there are ways you can stop the process. In Or Out Of Court? As soon as you […]
Nationwide, the number of bankruptcy cases are high. In 2015, there were a total of 844,495 bankruptcy cases filed in US bankruptcy courts. The vast majority of these cases are non-business or individual bankruptcies. Let’s take a closer look at the numbers, including which states have higher rates of bankruptcy. Most Cases Are Individual In […]
