Filing for bankruptcy isn’t a pleasant experience for anyone, but it’s also not the end of the world. The majority of people who face overwhelming debt get into financial trouble through no fault of their own, and massive medical bills are a common reason. Creditors...
Month: August 2020
Are more foreclosures on the horizon?
The recent climate is extremely stressful for most Americans for several reasons; many citizens do not help a job, remain locked in their homes and struggle with the costs of living with limited or no income. It puts most families in a dark position where they have to...
Four biggest causes for extreme debt
Most people are afraid of debt, especially as they get older. The idea of carrying debt under your name holds a significant problem as you try to pay your bills, pay for a home or even retire in the future. However, carrying debt is also very common. Many people have...
How far can a debt collector go?
Americans may be struggling more than usual this summer because of the recent unprecedented events and business closures. Many are using their credit cards for basic needs and finding it more difficult to meet their financial obligations. Creditors want their money,...
A basic breakdown of repossession and how to avoid it
Most people have an extreme perspective of the repossession process. You may imagine people walking into their homes, taking each of their valuable items and loading everything onto a single truck. However, repossession isn't always that dramatic. In many cases,...
