Debt seems to pile up faster than you can pay it. This is especially true if you have credit card debt and are paying large financing charges. The best advice for dealing with debt is to never ignore it. If you ignore the phone calls and letters, you are simply...
When you file for Chapter 13 bankruptcy, it gives you the ability to pay your existing debt off in a period of three to five years. When this type of bankruptcy is filed, the court will issue what is called an “automatic stay” to your creditors, just like they do in...
Many people experience debt and are able to get out of it successfully. When debt becomes more than you can deal with, it is important to explore your options and do all you can to get out of debt. First, you need to make sure you contact your creditors, to see what...
Once a creditor has received judgment against you, it is their responsibility to do anything they can to collect the money that you owe. One of many methods they will use to collect this money is to garnish your bank account. Unfortunately, there is not a lot you can...
Filing personal bankruptcy is a daunting and emotional decision. Whether it was health related issues, lack of employment, bad judgment calls, or just bad luck that put you into a financial bind, making the decision to file is a process that can relieve stress....