Your home is your most valuable asset, so you probably prioritize paying your mortgage above everything else. If you find yourself without income, you may use what you have in savings to pay your mortgage for several months while using credit to cover other costs or...
Credit card debt has changed in the United States
It’s interesting to think about how credit cards are being used and how they’re influencing the way people live in the United States. Are people still using credit cards the same way they always have? Are they relying on them to get from one paycheck to another? What...
How do you verify your medical debt?
When you’re struggling to pay bills because you had a major medical emergency and couldn’t work like usual, it can be extremely upsetting to see more bills come in the mail. This is particularly true when you don’t understand where the debts are coming from or who is...
Effective ways to pay off your credit card debt
If you feel like you are drowning in credit card debt, it can be hard to know where to start. If you have a bit of money available, knowing which card to tackle first can vastly increase your chances of success. Here are two options to consider: Pay off your...
3 solutions for a financed vehicle in Florida bankruptcy
Many Americans finance their vehicle purchases. It is much easier to work a monthly payment into your budget than to try to gather the funds for an outright purchase of a vehicle. You can obtain a better quality vehicle with financing because you will have more...
3 signs that you need to consider declaring bankruptcy
When you are deep in debt and you need a way out, you should explore your options as soon as possible. One of these options may be filing for bankruptcy. However, most people find the thought of declaring bankruptcy quite intimidating. Knowing the right time to...
How many times can you file for bankruptcy?
There are many ways people build up debt: car loans, student loans, credit card purchases, unexpected expenses, medical bills, etc. When people put on more debt than they can afford, often people look for alternative means to pay it off. People have many options when...
Cash advances could lead to debt issues and bankruptcy
If you get a cash advance from one of your credit cards, you need to understand how that advance may impact your interest rates and begin to greatly increase your monthly payments. Cash advances let you take money from your credit card balance and use it as cash. They...
Do you need to consider your spending prior to bankruptcy?
Your thinking about filing for bankruptcy. You know that you're still going to have some bills to pay and some spending that you have to do. This is likely going to add charges to your credit cards or other lines of credit in the weeks or months to come. What you're...
What happens to your credit cards when you file for bankruptcy?
Revolving credit is a financial necessity for many modern households. Whether you are a young professional establishing yourself in your career or a parent with a couple of children, you never know when there will be unexpected expenses that exceed how much money you...
