Debt collectors can be persistent and intimidating. Sometimes, they lie. Receiving a call from one can make you flustered and nervous. However, regardless of what tactics the debt collector uses, it's essential to stay calm and be very careful about what you say....
If you're finding yourself dealing with a significant amount of debt, you know how stressful it can be. However, some kinds of debt have a greater impact on our quality of life than others. A study published by The Motley Fool found that 83% of people without debt...
Two of the most important things that Chapter 7 bankruptcy does is allow you to discharge many of your debts and stop creditors from trying to collect on debts during the pendency of the bankruptcy proceedings. The latter is accomplished by an automatic stay. Under...
One of the worst parts about falling behind on payments is the number of phone calls you'll receive about it. Whether it's from the creditor or a collection agency, it can be frustrating to get calls at all hours. There is no question that calls from debt collections...
These days, you can purchase just about anything online from the comfort of your bed, sofa or anywhere you happen to be. You don't even need your computer. Just a few taps on your phone can get a package delivered the following day from Amazon. The ease of online...
Drowning in debt creates stress for many Louisiana residents. Unfortunately, it isn't a problem that is likely to go away anytime soon. Some individuals can't manage to keep up with the minimum payments, and they think that they won't ever get out of debt. For some,...
You might believe you're handling your credit card debt. However, what happens when another recession hits? Some experts are warning that the next one could begin as soon as next year. Whether they're right or not, it will happen eventually. An industry analyst with...
If you're facing the possibility of foreclosure because you've gotten behind on your mortgage payments, you may be willing to consider any option that will let you keep your home. Unfortunately, there are a lot of unscrupulous people out there who prey on people who...
Taking a look at your finances can be a real wake-up call. Some people don't realize just how deep in debt they are until they gather all the bills into one place. When they compare the debt to their income and add in their normal bills, such as rent or mortgage...
You've made the decision to file for bankruptcy. You've determined that it's the best option for dealing with your debts and getting a fresh start. You'll be busy with the bankruptcy process and adjusting to the changes in your life that come along with it. At some...