Credit cards for bankruptcies

Bankruptcy filings in America totaled 819,240 (source) in 2015. While that number represents a 10 percent decrease from the filings of the previous year, there are still many people who have or will experience  bankruptcy. Experian, one of the three major credit reporting agencies, said: “A bankruptcy is the greatest indicator of risk in a […]

student loan debt

Before 1976, student loans were fully dischargeable through bankruptcy, just like most other forms of unsecured debt. But between 1998 and 2004, bankruptcy petitions increased from just over 1 million to 1.6 million annually, according to FindLaw.  The prevailing belief was that a large number of individuals filing bankruptcy petitions did so because of convenience […]

Wages Garnished? Here’s What to Do Next

Before your wages are garnished, several things must’ve happened. One, you should’ve received numerous notices in the mail from your creditors. Two, phone calls from debt collectors must’ve reached the extreme until finally, they stopped. Related article: 8 Important Things Debt Collection Agents Don’t Want You to Know So, having your wages garnished should not […]

Debt Settlement Gabriel

Most credit card companies aren’t interested in helping the customer lower their fees and pay less interest. The same goes for loan agencies, banks, and even the IRS. The financial industry doesn’t have the greatest track record of working with people who fall on tough times, and it seems like companies want to punish those […]