Understanding the High Rate of Bankruptcy Filings in Ohio
Filings for bankruptcy abound in Ohio – the state has the 10th highest rate of personal bankruptcy filings in the nation, according to a recently released analysis from Nerdwallet.com. The study...
View ArticleThe U.S. Household Debt Problem is Steadily Getting Worse
If you are having problems managing your household debt, you are not alone. November 2017 statistics from the Federal Reserve Bank of New York showed that household debt rose by $116 billion, or 0.9%,...
View ArticleWhy a Bankruptcy Attorney Must Be Affordable
If you are considering filing for bankruptcy, you are already having trouble paying your debts, so the last thing you need is attorney fees that are unaffordable. However, trying to avoid fees by...
View ArticleDon’t Give up on Retirement Savings
Many Americans worry about whether they will have enough saved for retirement, and they may not even know how much money they will need to retire comfortably. Saving for retirement is not an exact...
View ArticleDon’t Fall for These Scams This Tax Season
Tax season is here, and tax scammers are out there busily tricking taxpayers into revealing their personal information or extracting money from them through fraudulent means. Most often, IRS impostors...
View ArticleConsumer Debt Hits New High in U.S.
Credit card debt for American consumers keeps skyrocketing and has now exceeded $1 trillion for the first time, according to a new study by the personal finance website WalletHub. By their estimate,...
View ArticleWill Student Debt Become Easier to Include in Bankruptcy?
Student debt is a major burden for individuals, but it also can have a negative effect on economic growth. The debt to pay for education was nearly $1.38 trillion at the end of 2017, with 11 percent...
View ArticleShould You Link Your Bank Accounts to Third-Party Financial Apps?
Personal finance apps are convenient and provide benefits such as saving money and managing your investments from your mobile devices, but they also put you at increased risk for having your financial...
View ArticleAre You In Debt? You’re Not Alone
If you are struggling with mounting debt, you are not alone. Too many Americans are faced with debt that they cannot meet, and much of this is due to problems posed by our society. Nationwide, data...
View ArticleA Connection Between Credit Card Debt and Your Health?
Credit card debt can be bad for your health as well as your pocketbook, but if you aren’t paying off what you owe each month, you have plenty of company. According to the American Bankers Association,...
View ArticleFinancial Anxiety Is Real — and You Don’t Have to Live with It
Rising debt. Growing tax bills. College tuition. Loans. If you sometimes feel like you’re drowning in financial stress, you’re definitely not alone. Money is a common source of stress, says a 2017...
View ArticleWhat to Expect in a Free Consultation
Too many people put off seeking debt relief because they are afraid of what may be involved and what it will cost. Fortunately, if your debt is getting to be more than you can handle, there is help...
View ArticleAverage Debt by Age – Where Do You Stack Up?
Debt keeps rising in the United States, especially in certain age brackets. Recent data from the Federal Reserve’s Survey of Consumer Finances shows that while total household debt dipped during the...
View ArticleDoes Bankruptcy Stop Creditors from Pursuing Debts?
Filing for bankruptcy will solve many of your problems with debt and, thus, keep most of the creditors at bay. However, not all debt will be eliminated (discharged), and some creditors can still come...
View ArticleFinancial Life After Bankruptcy
Despite anything you may have heard, bankruptcy does not ruin your credit forever, and it is still possible to get a loan after a bankruptcy discharge. In reality, bankruptcy — a legal way to have...
View ArticleWhy Credit Card Users Might Be Seeing an Increase in Bills
Many credit card users don’t bother to read the fine print of their agreements with credit card providers. Unfortunately, the language in that fine print might result in increased payments for...
View ArticleThe Dangers of Paying Rent on Credit
When you are feeling financially strapped, it may be tempting to use your credit card to pay your rent or mortgage. Credit cards allow you to postpone coming up with the money for payments, and you can...
View ArticleBe on the Lookout for Cell-Phone Account Fraud
Your cell phone is a great convenience, but it also provides a dangerous privacy threat that can have a devastating impact on your finances. By setting up a phony cell-phone account in your name,...
View ArticleMultiple Credit Cards? How to Decide Which Ones to Tackle First
Having multiple credit cards has become an American way of life, and it’s not necessarily bad – if you can pay off the balance each month. Unfortunately, too many of us use credit cards to keep pace...
View ArticleMaximize Your Savings on a Tight Budget
If you are living on a tight budget, you are probably struggling just to meet your expenses each month and may not even be thinking of putting aside money for savings. You need to change this mindset,...
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