Used wisely, a credit card can be helpful. However, if you are not careful, a credit card can be a very expensive way to borrow, especially when you are taking longer to pay off what you owe if you are falling behind on the balance. You might have had a genuine reason...
Month: October 2021
Bankruptcies could increase entering into 2022
Bankruptcies in the U.S. had slowed down in 2021, but they are set to grow in 2022. It’s believed that higher interest rates, as well as sustained inflation, could play a role in Chapter 11 filings making an appearance during the middle of 2022. In 2021, the United...
Handling the first holiday season after Chapter 13
If you’re going to be filing for Chapter 13 bankruptcy before the end of the year, then you’re likely facing some anxiety about the holidays and the expectation of gift-giving and other expenses that come with them. This may be especially true if you have children who...