As of last year, 43.5 million Americans had at least some student loan debt, with an average of $37,787. Many need help to make payments and avoid falling behind. Many others have chosen to ignore making payments altogether because they do not make enough money to pay...
Filing for bankruptcy is often an effective way for people to climb out from under a mountain of debt and end creditor harassment. If you have decided to file for personal bankruptcy protection, you may be in doubt as to whether Chapter 7 or Chapter 13 is...
Academic research reveals that medical debt is a leading reason for seeking bankruptcy protection.Most families have many places to put their money and may lack the funds needed for a medical emergency. Joining the clubIf you are considering bankruptcy because of...
You lease a vehicle through a car dealership. Unfortunately, you lose your job and can no longer afford to keep the car. You begin to fall behind on payments, and you worry that the lender will come to repossess your car.In New York, when you lease or purchase a...
When a couple has a baby, it is common to see the new mom posting pictures on social media and dad might be handing out cigars to friends and family to announce the happy event. When it comes to bankruptcy, these types of jovial reactions are probably not going to...
Being in debt is not pleasant, especially if you have suffered through countless sleepless nights because of it. It is not easy trying to figure out which bills you can put off this month so you can pay your mortgage. You might also feel worried about your...
If you have accumulated a significant amount of debt and are unable to repay your creditors, this situation is likely causing you a tremendous amount of stress. Most people do not take out loans or credit card debt with the intention of not being able to pay, but...
Bankruptcy is a viable option for many people who are drowning in different types of debt. Whether it is credit card debt, medical debt, or an inability to keep up with other loans such as car payments or a mortgage, bankruptcy filings affect different types of debt...
If you have recently gone through a Chapter 7 or Chapter 13 bankruptcy, you know that there is a whirlwind of emotions that comes with the process. You might feel a sense of relief that it is finally over, as well as hope for your financial future. However, you and...
The holidays are a time of year for fun and festivity, but it is also a time when Americans take on a lot of credit card debt when compared to other times of the year. The average American took on just over $1,000 of debt during the holidays in 2016, which was an...