Perhaps you just got engaged and would like nothing better than to begin making plans for the wedding. However, putting the big day off for a while may be a reasonable idea since your fiancé has recently filed for bankruptcy. What effect will this have on...
Month: October 2019
Credit card debt in the United States nears $900 billion
U.S. consumers have racked up more than $100 billion in revolving debt since the financial crisis, and at the end of 2018 they owed credit card companies almost $900 billion. These are among the sobering facts that can be found in a recent Consumer Financial...
How bankruptcy may help car owners
Filing for Chapter 13 is one option for a Texas debtor who wants to avoid having their car repossessed. However, an individual would need to remain current on their loan during the proceeding. Furthermore, the past due balance would need to be included as part of the...
The drawbacks of debt settlement
Texas residents who are having financial difficulties sometimes choose to pursue debt settlement instead of filing for bankruptcy. Debt settlement companies offer to negotiate with creditors to lower the amount owed or monthly payments in return for a fee, but taking...
Three reasons why bankruptcy may be a good option
Texas residents who are considering bankruptcy do not take their decision lightly. They usually go back and forth determining if it is right for them. Here are some tips to help individuals determine if this is a good step to take for their circumstances. When a...
4 illegal types of debt collector harassment
Few things in life have the potential to be more stressful than having insufficient resources to pay your debts. After all, if you cannot pay your monthly bills, you may worry about meeting your basic needs as well as your family's needs. Even worse, your credit...