Every time I browse the internet for debt topics, I am bombarded with articles offering the same old advice on how to manage and get rid of credit card debt. "Focus on one debt at a time," "Pay the highest interest first," "Use windfalls wisely," and of course, "Try the snowball method."............
Read More
Credit card debts can be a burden for many Americans. If you're struggling to make ends meet, you may feel like you have nowhere to turn. But there are options available, even if you don't have any money to start with...
Read More
When credit card debt starts to pile up, so does the stress and anxiety that can prevent us from thinking clearly. To a worried consumer, even the most transparent scam can seem like a stroke of good fortune; how much more vulnerable are we, then, to a polished presentation by someone posing as a financial professional…
Read More
There is a simple and easy way to understand the difference between secured and unsecured debt. Secured debt is backed by some type of property, such as a car or house. Defaulting on this type of debt typically means the forfeiture of the property in question. Unsecured debt is backed simply by a promise of…
Read More
Bankruptcy and divorce often go hand in hand because making the transition from a single household to two separate ones is an expensive one. When a couple amasses credit card debt over the course of the marriage, it becomes the responsibility of both parties to pay it off. Unfortunately, when all of the bills have…
Read More
Bankruptcy offers debtors the chance to wipe out many forms of unsecured debt, including credit card debt. But does that mean you’ll have to give up your credit cards entirely during bankruptcy? It depends. While it is often possible to maintain a credit card to use during bankruptcy, you may decide that you don’t want…
Read More