Many consumers who go through bankruptcy have a natural fear of winding up head-over-heels in debt again. They may be so keen to avoid a debt overload that they fear even applying for a single credit card. After all, for many debtors, it was those plastic cards with...
Month: September 2021
Can you stop a Chapter 7 bankruptcy?
There are times when someone may start a bankruptcy case and then come into money or find that they are able to repay what they owe. Perhaps they get a new job, or maybe they’re able to work out a resolution with a credit card company or lender that they didn’t...
Floridians near the top in credit card debt, delinquencies
After a steady rise in credit card debt for eight years throughout the country, that debt dropped last year. Experts say that the combination of less spending, government relief efforts that allowed people a breather from their student loan and mortgage payments and...
A stroke or car crash can push responsible people into bankruptcy
Most people struggling with debt were financially responsible for most of their lives. It really only takes one medical emergency to put someone in a difficult financial position. One car crash caused by an uninsured driver, one cardiac event that forces you to take...
