Category:
Debt Relief
Kevin Briggs was a successful landlord with a six-figure income, but after a year of pandemic challenges, he found himself in 2021 with $45,000 in credit card debt. “I was…
Walter was one of millions of Americans financially swept under during the Great Recession a decade ago. Before the downturn, he and his wife owned a large home in western…
So, you’ve finally taken the big step and enrolled in a debt relief program. Now what? If you’re going to succeed, you’ll have to alter the lifestyle that got you…
Debt management plans might be the most productive and least appreciated member in the family of debt-relief solutions that includes debt consolidation loans, debt settlement and bankruptcy. DMPs, as they are…
There can be benefits to using a home equity loan to pay off credit card debt, including lower and fixed monthly payments. If you’re considering a debt consolidation loan, the…
Is carrying a lot of debt worse than carrying a lot of weight? If you’re a millennial the shocking answer is yes, at least if you are hoping to get…
Filing Chapter 13 Bankruptcy Chapter 13 allows debtors to repay all, or a significant portion, of their debts in 3-5 years under a court-ordered plan. The most common debts discharged…
It’s not easy being a Millennial. They get ridiculed more than Donald Trump, though at least Johnny Depp hasn’t threatened to assassinate any of them. Older generations see them as…
The first step in consolidating your bills is calculating how much debt you have and how much income is available to address it. List all your credit card balances and…
Credit card debt can be especially burdensome when the cards carry high interest rates. Compounding interest can create a snowball effect, making it difficult to pay off the debt and…
Sources:
- N.A. (2023, August 28) What is a debt relief program and how do I know if I should use one? Retrieved from https://www.consumerfinance.gov/ask-cfpb/what-is-a-debt-relief-program-and-how-do-i-know-if-i-should-use-one-en-1457/
- N.A. (ND) How to Get Out of Debt. Retrieved from https://consumer.ftc.gov/articles/how-get-out-debt
- De las Heras, G. (2024, March 8) Carrying credit card debt? How to avoid debt relief scams. Retrieved from https://consumer.ftc.gov/consumer-alerts/2024/03/carrying-credit-card-debt-how-avoid-debt-relief-scams