Bankruptcy

Resisting the adorable kitten at the animal shelter or denying kisses from the adoptable puppy at your neighbor's home proves nearly impossible for some. You may see the small animal and make the determination that if you don't adopt it, no one will.Unfortunately,...

According to a report from the State Comptroller's Office, the average New York resident carried a $3,710 credit card balance in 2017. This is $600 more than the national average. If your credit card debt is overwhelming, you are not alone. Late bills, bad credit and...

It is a rare person who gets enthusiastic from the beginning about filing for bankruptcy. Rather, people who struggle with debt tend to try other solutions first. For example, they may cut back on spending, take in a roommate to help pay rent or transfer...

Bankruptcy is a viable option for debt relief, but it does not come without consequences on your credit score. While your credit score will take a hit, sometimes bankruptcy is necessary to get rid of debt and get back on track. Your bankruptcy will show up on your...

Overwhelming debt does not just come to those who are careless with money. Debt grows and expands if you lose a job unexpectedly if a medical condition arises and you cannot pay for treatment, or even because you are seeking a divorce. Filing for bankruptcy is not an...

Credit debt affects many people in the United States! A 2016 report from the American Household Credit Card Debt Study showed that the average American home has $16,061 in credit card debt alone. Add to this student loans, auto loans, and mortgages, and it is easy to...

As a young professional, you know just how difficult it can be to juggle every aspect of your life. From your personal life to growing your career to managing your finances, there is a lot on your plate. Unfortunately, if you don't stay on top of all these details, it...

Regardless of your age, if you run into financial trouble you may begin to think about the strategy that can help you reach solid ground once again. Chapter 7 bankruptcy is a viable solution for many people, especially those who are in mid-life but have made some...

It's easier than ever to obtain a credit card. American's have difficulty saying "no," when it comes to credit card offers. As of 2016, the average debt is quite high. The national average for credit card debt, according to the Federal Reserve, is $935.6 billion. This...