Payday Loan Lawsuit: Lender’s 235% Interest Rate Lands Them in Hot Water
As a result of the staggering economy, more and more people are finding it difficult to pay their bills. As a result, the payday loan industry has
Category: Bankruptcy
What Is a 341 Meeting in a Chapter 7 Bankruptcy?
Many people contemplating bankruptcy are likely feeling very stressed. They are drowning in debt and feel helpless because they can’t pay back what they owe.
Filing for Bankruptcy a Second Time: Understanding the Rules
For individuals that find themselves in too much debt, bankruptcy can be a lifesaver. Those who qualify for Chapter 7 bankruptcy, for instance, can erase
Best Practices Guidelines for Patients Dealing with Medical Debt Updated
U.S. medical debt has become one of the top causes of bankruptcy filings in the U.S. as a result of skyrocketing and uncontrollable costs of
Bank of America Sanctioned After Violating Bankruptcy Court Order
Those struggling to pay credit card debt are likely facing daily harassment by lenders or credit card companies. Fortunately, bankruptcy is available for these struggling individuals. And,
Bankruptcy for Senior Citizens: A Beneficial Solution for Some
Bankruptcy for senior citizens can be beneficial for some. The National Council on Aging reports that retirement is far from “golden” for all older adults.
Zombie Foreclosure: Don’t Abandon Your Home to Escape Debt
Abandoning your home to escape your mortgage debt—what’s known as a “zombie” foreclosure—can be an ineffective strategy. When some people are behind on their mortgage
Cancer and Bankruptcy: Getting Relief From High Medical Debt
One of the leading reasons why people seek bankruptcy protection is burdensome medical debt. With the costs of medical procedures as high as they are
Understanding Your Wage Garnishment Rights
If you fall behind on your bills, one of the tools that your creditors have to compel you to pay is wage garnishment. Wage garnishment
Understanding Different Types of Bankruptcies
A serious medical diagnosis, such as cancer, can leave people with extremely high out-of-pocket medical costs. A divorce can reduce household income to a barely
