On Behalf of developers | September 15, 2020 | Bankruptcy
Think back to when you first bought something on credit or took out your first loan. You probably thought debt was a temporary measure, and that as you grew older, you would pay off your debts and save for your retirement. You would never have believed you would be considering bankruptcy when you were close… Continue reading Bankruptcy is on the rise amongst the over 55s...
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On Behalf of developers | September 1, 2020 | Bankruptcy
Cash is not nearly as common as it once was. It used to be almost the only way to pay, with some people using checks, as well. Then credit cards came along and changed the game, allowing people to pay with a swipe. Now, in 2020, we have plenty of apps that allow you to… Continue reading Does electronic money lead to overspending?...
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On Behalf of developers | August 20, 2020 | Bankruptcy
Pretty much any line of credit that you take out as an individual will fall into one of two categories. Unsecured credit, like credit cards, doesn’t have collateral objects that the lender can take back if you fall behind on payments. Secured lines of credit, on the other hand, have physical items attached to the… Continue reading Can you stop the repossession of a financed personal vehicle?...
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On Behalf of developers | July 23, 2020 | Bankruptcy
Medical debt plagues many Jackson, Mississippi, residents just like you. It is overwhelming to face these debts and have no way to address them. This is particularly troubling for those who require ongoing care or treatment for an illness or injury. If you cannot pay your existing bills, how can you continue to receive the… Continue reading Solutions for those overwhelmed by substantial medical debt...
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On Behalf of developers | July 11, 2020 | Bankruptcy
When your debt level reaches a point where you can’t pay off your creditors or even make the required minimum payments every month, you may have to start making difficult decisions. You may pay the bills you need to cover to remain in your home while letting others go past-due. Companies that don’t receive timely… Continue reading Can you avoid a creditor wage garnishment with bankruptcy?...
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On Behalf of developers | June 20, 2020 | Bankruptcy
Should your finances take a turn for the worse, there may come a point in the near future when you ponder the pros and cons of bankruptcy. Before you decide in favor of or against bankruptcy, it’s critical to answer a variety of questions as they pertain to your situation. Here are a few that… Continue reading Considering bankruptcy? You’re likely to have questions...
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On Behalf of developers | June 19, 2020 | Bankruptcy
If you’re over 65 and you’re still waking up at dawn to go to work, there’s a good chance that it’s because you need the money. According to a survey by Provision Living, which is a company behind senior living communities, 60% of employees working during what used to be considered the retirement years aren’t there… Continue reading Why older people are working longer...
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On Behalf of developers | June 10, 2020 | Bankruptcy
There are dozens of myths about bankruptcy that don’t have any basis today. Sometimes, myths were created out of a misunderstanding of the purpose of bankruptcy. Sometimes, it’s a result of changes in laws over time that bankruptcy is misunderstood. It’s important that you know what bankruptcy is and isn’t, so you can make wise… Continue reading Learn the truth about these 3 bankruptcy myths ...
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On Behalf of developers | May 18, 2020 | Bankruptcy
Medical bills are one of the many factors that can lead Americans to file for bankruptcy protection. The high cost of care coupled with the rise in normal living expenses is leading some individuals to wonder how they are going to make ends meet. This is especially true when they are unable to work as… Continue reading Understand these points about medical bankruptcy...
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On Behalf of developers | April 22, 2020 | Bankruptcy
When a consumer files for Chapter 7 or Chapter 13 bankruptcy, the court issues an automatic stay that prevents creditors from trying to collect on debts. This effectively puts a halt on written demands, as well as phone calls, emails and personal visits. Some filers appreciate this because it takes away one of the big… Continue reading Can the automatic stay help you?...
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