No one plans on going into debt during their lifetime. Yet, emergencies, living expenses and credit card overuse have caused many Louisiana residents to end up indebted. If you’re among these ranks, debt’s economic strain has likely taken a toll on you. But it can...
Different scenarios lead to unmanageable debt - the kind that grips you and just won't let go. Using credit cards as a personal bank account and living beyond your means, divorce, unrelenting medical bills, and unemployment are all common scenarios that leave to...
Bankruptcy has earned a reputation that leads many people to look down on the process, and people who choose to use it. There are many myths about bankruptcy and those who use it. By dispelling these myths, people can understand how beneficial bankruptcy is to those...
Financial trouble can happen to the best of people through no fault of their own. Unexpected expenses can pile up, especially if you have no reserves to cover them. And beyond bills, you must meet your basic needs to survive. While you may intend to pay all your debts...
Financial troubles are common for many people. Running up credit card debt, divorce, medical debt unemployment, among other reasons, can lead to a strapped bank account unable to pay back debts that just won't go away. You don't have to be on the edge of financial...
No one ever dreams of filing for bankruptcy, even if they reach a point where they cannot pay their bills. But it’s essential to remember that most people don’t accrue overwhelming debt overnight, and it’s usually not a result of negligence. Millions of Americans face...
A lot of people start to worry when they look into Chapter 7 bankruptcy. It is true the process involves selling some of your belongings and assets in order to pay off portions of your debt. But it is not a free-for-all. You won’t have a stranger waltz into your home...
Buying a home may seem impossible after bankruptcy. That's because lenders are often skeptical of consumers with black marks on their credit report. Some may wonder if they’ll be reliable when making mortgage payments. However, most Americans who declare bankruptcy...
When you are struggling with debt, you likely are tired of getting calls from creditors. It seems like they can call at any time, all the time. You are more than tired of having the phone ring during dinner. Yet, debt collectors do have limits about how they can...
Through no fault of your own, you may find yourself enduring financial difficulties. If you’re behind on payments or have mounting debts, you might be considering bankruptcy. Filing can provide you the relief you need within a short period. Yet you may lack the...
