What to do if your accounts have been maxed out by someone else
What can you do if you find out that someone you know has used your credit cards or credit cards in your name to exceed or max out the spending limit? You’ll be left to pay the bill if they don’t, and that means you’re in debt that you didn’t even accrue. While one of
Refinancing your debts: The benefit of lower interest rates
Since you run a business, you’re always looking for ways to make a better profit and save money. The benefits of a business credit card may appeal to you; things like cash-back services and upgraded flights can be possible, but is this credit card really better for your situation? It can lead to mounting debts
Are debt relief programs good investments or are they scams?
There are a few signs you can see that a company is a debt relief scam and not one that can actually help you free yourself from a life of worrying about past-due bills and financial pitfalls. Even if you’re desperate to get out of debt, making the jump to working with one of these
What you shouldn’t do with your credit card
Avoiding getting into debt is one of the best ways to make sure you never have to face bankruptcy again. If you’re considering bankruptcy now, your attorney can help you learn about your options. However, when your bankruptcy is complete, you’ll need to make sure you don’t make the same mistakes again. So, what should
Get debt relief with bankruptcy
Wage garnishments are garnishments that hold your pay back and give it to someone else to whom you owe a debt. For instance, if you owe student loans, the federal government could put a garnishment on your wages. The garnishment could be up to 15 percent of your gross earnings. That may not stop there,
2 YMCA facilities to shut their doors for good in Tennessee
If you’ve been a fan of the YMCA of Jackson and West Tennessee, you may have noticed that the business in each area has shut its doors. According to an Oct. 8 report, the YMCA filed for Chapter 7 bankruptcy for both facilities. Now, the organizations will be dissolved and closed. The main reason behind
Will paying a debt cause creditors to call me?
Is it normal to start getting phone calls from collectors when you start paying off your debts? Absolutely. This is because creditors monitor your spending, and if they see that your debts are being paid down, that means that you could have the money needed to pay their requests, too. Whenever you pay one creditor,
Medical debts and how they affect your credit rating
Medical debts can affect your credit score, especially if you fall too far behind. Medical debts aren’t reported in the same was as other debts, though, so if you find yourself falling behind, you and your attorney may be able to slow down the reporting process and save your credit score by filing for bankruptcy
Will I have to take the bankruptcy means test?
If your debts are too high and you feel like your only option left is bankruptcy, you’ll need to find out if you qualify to file for bankruptcy before you can. The bankruptcy means test is the test you’ll need to take to show that you qualify for Chapter 7 bankruptcy and before your attorney
Your debts: Are they too high? How you can tell
Credit card debt can be hard to deal with, but if you can get a handle on it early, you may be able to consolidate it or pay it down before you get in too deep. It’s easy to slip too far into debt, though, so how can you know if your debts are too