Should I Declare Bankruptcy?

One of our readers, Alicia, asked: I have one Credit Card debt with a balance of $15,000 can not pay the Min amount they want like 3, ... then to have to file Bankruptcy and they get no money it’s all i can sent (not only Debt i have) should ... of my debt within the next 5 - 7 years? There are two reasons for the 5-7 year question. The first [more...]

Date: 2008-11-19 13:59:48

Blog posts (14) | Videos (24)
 

Bankruptcy - What To Consider Before Filing

Bankruptcy - What To Consider Before Filing Posted By William Blake on @ 9: ... debt burden, and it’s sometimes the first method they reach for. Well, it may well relieve the burden ... , and these should be carefully considered. You will lose any credit cards that have outstanding [more...]

Date: 2008-09-17 14:25:20

More Empty Space at the Mall; Life Gets Harder for Bored Teens

The bursting of the retail bubble that we discussed on Monday continues, and at a faster pace than expected ... , that is probably a good thing in the long term. Plenty of people with too much credit card debt could ... , including Circuit City Stores Inc., Linens ‘n Things Inc. and Sharper Image Corp., filed for bankruptcy [more...]

Date: 2009-01-07 18:01:37

Having Problems Paying Your Bills?

Take a few minutes off and answer the following questions.1. What financial concerns are giving you headache right now?a. Credit card billsb ... in debt, try this next suggestion. My Fapturbo is an automated trading system that will help ... 1?a. File a loan to pay other loansb. Drop the insurancec. Declare bankruptcy d. Take second [more...]

Date: 2009-01-15 20:15:28

Bankruptcy - Is It the Answer?

Bankruptcy - Is It the Answer? October 11th, 2008 Subscribe To Our Feed If your finances are in a mess, you may have considered bankruptcy ... to pay back a portion of the debt that is owed to creditors. Your credit will be damaged ... laws. They were allowed to file more than once for Chapter 7 so many used it to beat credit card [more...]

Date: 2008-10-11 21:47:58

The Best Online Debt Cures

Hello- If the thought of talking to a credit counselor giving them all your personal information sounds frightening to you, ... is one of the fastest ways to reduce your credit card balances without filing bankruptcy.  Many people ... in credit card debt, they can help you reduce your balances by up to 50% or more. Take a look [more...]

Date: 2009-01-08 02:17:08

How To Take The Challenge of Credit Card Debt

Filing for bankruptcy is one thing that you should rightly dread in your financial course. This process will crush your credit status with many financial institutions such as the banks and it is in fact an embarrassing process that any one would not want to go through. One thing here is that thee are always some more feasible approaches to debt consolidation that can see you through your financial storms. [more...]

Date: 2009-09-20 00:23:30

Learning to Deal with Credit Card Debts

Filing for bankruptcy is one thing that you should rightly dread in your financial course. This process will crush your credit status with many financial institutions such as the banks and it is in fact an embarrassing process that any one would not want to go through. One thing here is that thee are always some more feasible approaches to debt consolidation that can see you through your financial storms. [more...]

Date: 2009-09-20 00:26:44

How to Avoid Filing for Bankruptcy

Bankruptcy is an ugly word in the financial world. But many people see it as their only way out of financial trouble ... . Instead, steps should be taken in order to pay back debts and clear credit, like debt consolidation ... is also affected by our society’s recent dependence on credit cards, as well as our debt to income ratio [more...]

Date: 2009-01-06 14:45:08

2005 Bankruptcy Law Finance Industry Sought has Strangled Economy

Was the banking industry screwed over by its own bankruptcy law? It sure appears to have hurt the economy.. ... that escape route and forces better-off households to continue paying credit card debt, which makes ... .“Before the reform, overindebted households might file bankruptcy and get rid of their credit card [more...]

Date: 2009-01-14 04:35:33

Is It A Good Or Bad Thing That So Many Companies Are Going Out Of Business?

What exactly will 2009 bring us in terms of businesses closing down for good? ... $2.56 trillion in consumer debt, with the average household’s credit card debt amounting to $8,565 ... filing for bankruptcy or are already in it, so we won’t know if some of them make [more...]

Date: 2009-01-06 14:00:00

Credit Card law questionable

There’s no shortage of blame for the mortgage crisis that drove the economy into the ditch ... Act of 2005, households could erase their unsecured debts by filing for Chapter 7 liquidation ... the reform, overindebted households might file bankruptcy and get rid of their credit card debt [more...]

Date: 2009-01-13 10:09:00

Ultimate Debt Guide - Get Out of Debt With Debt Consolidation?

by Ash Ford How to get out of debt by not filing for bankruptcy or by signing up to a long-term debt relief plan which has the potential to push you ... truth about the credit card game is clear to me now and you’ll learn why numerous people remain in debt ... and be in over your head with loans, credit cards, car payments, mortgages etc. Finding a way [more...]

Date: 2009-01-15 02:47:14

Government Public Records Search - Why Your Personal Information May Not Be Safe

So how private is your private information? Did you know that your records can be made available government public records to just about anyone with ... lawsuits, employment and unemployment. Your bankruptcy filing, which also contains credit card ... to serve the interests of those seeking information on you such as financial institutions, debt collect [more...]

Date: 2008-12-12 17:38:18

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