You have grappled with this decision for some time. The overdue bill notifications have put you on notice, arriving via letter, email and text. Not to mention, you also receive regular and, sometimes, incessant phone calls from debt collectors. Debt has caught up and...
Debt can come in various forms and fashions, and going through periods of financial strain could take a significant toll on numerous aspects of your life. While such issues may place a strain on your income and disrupt your financial opportunities, these might not be...
Individuals facing financial trouble will likely happen upon the phrase “means test” while researching their debt relief options. For many, the Chapter 7 means test is often the first hurdle they will face on the path to filing bankruptcy. The means test was developed...
If you are approaching retirement, there is a chance you may have devoted decades of time and effort into planning and saving for the golden years of your life. While you might not want to let anything disrupt your strategy for retirement, things might not always turn...
It may come as no surprise that dealing with extended periods of monetary strain can be an exceedingly harrowing experience. Issues with debt may not only leave you suffering a lesser quality of life, but such challenges could also affect your future by disrupting...
Many people equate financial trouble with a dire monetary collapse. In truth, a significant number of Americans are one or two unexpected expenditures away from debt challenges. These unexpected expenses could be related to home repair or medical bills. Additionally,...
Every year, most Americans anticipate spending hundreds of dollars on gifts, celebrations and food during the holiday season. However, 2020 will be the biggest year for holiday spending as sales grow rapidly for the holidays. According to a survey from Magnify Money,...
A new rule by the Consumer Financial Protection Bureau (CFPB) – which was initially created to protect consumers – tilts the playing field in favor of debt collection agencies. Under the new rule, finalized Nov. 4, bill collectors can contact you not just by phone but...
In an age in which convenience is a priority, you may be hard pressed to find many others who do not carry at least one credit card. Similar lines of credit may offer you additional avenues of purchasing power, and it could also seem essential to keep a card on hand...
It is not uncommon for people to grapple with the idea of filing for bankruptcy. Most Americans find it difficult to admit they can’t simply fight their way out of financial trouble through planning, perseverance and hard work. Unfortunately, debt has a way of...
