It’s a master class in reverse psychology: creditors threaten people that if they don’t settle their debt immediately, then they’ll be forced to file for — cue the scary music — BANKRUPTCY (duh-duh-duh-duhhhhhhhhhhhh!). Now, like all effective gambits, there is a kernel of truth here. Filing for bankruptcy has significant consequences, such as a credit score hit and … [Read more...]

If you're in financial trouble, you may think that you're trapped in a never-ending cycle that certainly not seems to end. There are plenty of ways to get into financial debt, yet you will find very few approaches to get out of it. With enticement everywhere you look, it's no big delight that more people these days are getting into financial debt every day. Even those who … [Read more...]

Mounting credit card bills and other loans can be a huge obstacle to financial freedom hat often seems impossible to overcome. More importantly, these obligations prevent you from having the freedom to plan for your financial future. It is difficult to see a positive future with a pile of unopened, unpaid bills sitting in front of you each month and with calls from collection … [Read more...]

One of the most fulfilling professions is being a teacher. Nothing is better than having the chance to mold the mind of the younger generation and transform into becoming great leaders and successful individuals of the future. But not everyone knows that being a teacher is also the most taxing and difficult job there is. As a matter of fact, almost 1/3rd of teachers quit after … [Read more...]

If you are done struggling with your debt and consider bankruptcy, the first step is to contact a lawyer to help you with the same. Not everyone is aware of the top lawyers that can help them in bankruptcy, but which one to choose? There are some who advertise on the television while there are others who put up billboards. They all look fine but which one should you … [Read more...]

Few words conjure up as much horror as debt. It is feared and loathed by millions of Americans, and for good reason. Consider that the average American does not have $1,000 set aside for an emergency – this is an accident waiting for a place to happen. Financial setbacks are an all-too-common occurrence for families and individuals. Your vehicle may suddenly stop working, … [Read more...]

People who serve in the Armed Forces have risked their lives to serve the country, and they deserve respect and proper treatment after their service. Unfortunately, some of them have struggled to get back to their normal lives, most especially in terms of financial security. Let’s take a look at how some veterans become drowned in debt, and what they can do to rise up from … [Read more...]

We all borrow money from time to time; at least most people do. And, in most cases, we borrow with the right intentions. Maybe the going got a little tough, and you needed a few hundred dollars to bridge some gaps. Or, perhaps it was an emergency that required urgent cash. The idea is usually to borrow now and repay the amount within a few weeks or months. So, except for … [Read more...]

When you are desperate to consolidate your debt, then in this situation you can opt for personal loans also. The personal loans have a lot of benefits. The most important benefit is that you have to deal with low-interest rates. With the help of personal loans, you can define the monthly payments. This makes it easy for you to manage your budget. When you opt for a personal … [Read more...]

Eight out of every ten Americans have some form of debt. In 2018, American household debt continues to climb higher hitting $13.1 trillion according to the Federal Reserve Bank of New York. As we continue to see a rise in all categories of debt including credit card and student loan debt, many Americans are now looking for ways to get their debt under control other than ways … [Read more...]