Debt

Types of bankruptcy

Types of Bankruptcies Explained: Which (If Any) Fits You?

Contending with the process of bankruptcy is an unfortunate but common financial issue for many people. And while bankruptcy cases have decreased in recent years, the official U.S. Courts website states over 540,000 cases were filed in 2020. 1 The website defines bankruptcy as a process of “dealing with debt problems of individuals and businesses; …

Types of Bankruptcies Explained: Which (If Any) Fits You? Read More »

credit card, banks, money

How to Get Out of Credit Card Debt Without Paying It All (Or Ruining Your Credit)

Credit cards can be a blessing or a curse. Unlike student loans, mortgages, and car loans, you can use a credit card to fund just about any purchase. The flexibility, along with rewards and welcome bonuses, is convenient, but it also gets a lot of Americans in trouble. Approximately 55% of Americans are in credit …

How to Get Out of Credit Card Debt Without Paying It All (Or Ruining Your Credit) Read More »

How to Deal With Debt Collectors (7 Tips For When You Just Can’t Pay)

It’s always bad news when a debt collector comes calling, but it’s even worse when you know you can’t pay. Dealing with debt collectors isn’t something anybody knows how to do instinctually, either. It’s a skill that people have to learn, but it’s worth taking the time to do so.Whether you’re looking for guidance because …

How to Deal With Debt Collectors (7 Tips For When You Just Can’t Pay) Read More »