A mortgage is one of the largest debts you'll have in your life. For many people, the idea of taking on so much debt is daunting. However, like most debts, it's possible to take steps to make them affordable and easy to pay down over time. There are many ways that you...
Month: March 2019
Credit card debt, monetary debt and bankruptcy options
Many things can cause you to run up credit card debt, but not all of those reasons are bad. You may have to rely on credit to pay for life's necessities. This might be due to a layoff or a medical condition. When emergencies happen, your credit cards can be a...
Bankruptcy is a sound financial decision for some individuals
Personal bankruptcy is a good tool that you can use if you find that you are in debt that you won't be able to repay. There are many benefits to this, but some people worry about how it will impact their creditors. The fact is that creditors might lose money when you...
Why is there a stigma when people choose bankruptcy?
Many people worry about filing for Chapter 7 bankruptcy. They think that it will make them look like they were simply bad with money or as if they're just trying to rid themselves of past debts without paying back what they owe. That's not the best way to look at...