Bankruptcies can be called reorganizations or liquidations, depending on which type of bankruptcy you decide to do. Both a Chapter 7 and a Chapter 13 bankruptcy are federal court processes that are meant to assist businesses or consumers to get rid of their debt or to repay the debt with protection provided by the bankruptcy court.
Beginning Investing: Without Much To Invest!
Is your list of things you wish you could do, but cant afford to do, growing longer? Many people understand the value of investing, and the importance of investing in order to secure their futures, but they dont have much available money that can be used for investing. These people might believe that they are not able to start investing and instead, continue to struggle with the daily living expenses and no plan for their financial future.
Bury The Debt Monster: Part One
In this series of articles, you will be able to follow along at your own pace as you work to bury the debt monster and regain complete financial control. Whether you were like a child in a candy store or you simply spent a little more than you made every month over a long period of time, your debt can be crippling- and effect all other aspects of your life. Use this series of articles to turn it all around!
Bury The Debt Monster: Part Three
You knew at some point wed have to use the B word. That dreaded word that rhymes with fudge-it. Unfortunately, in order for you to successfully bury the debt monster and regain (or create!) financial independence, its necessary that you dont fudge your budget.
Bury The Debt Monster: Part Two
Now that youve taken inventory of all the debt you currently have, its time to do something about the amount of bad debt you have. You probably had some fun getting into debt, and took your time building that massive portfolio of outstanding accounts; unfortunately, getting out of debt isnt as enjoyable! You will however, start feeling an enormous weight lifting off your shoulders as you start creating a plan to take over the debt monster once and for all- so lets get s…
5 Reasons To Consider Debt Consolidation
You have several options when it comes to eliminating and rising above the debt that has taken over your life. One of the best options is debt consolidation. In this article, we will discuss the top ten reasons you should consider debt consolidation over any other form of debt relief method available.
Advantages Of Bankruptcy
Consumers who are considering filing bankruptcy are faced with a lot of questions and are often not sure what the advantages could be- if any. Besides the obvious advantage of not having the debt that hangs over their head everyday, are their any other advantages of potentially damaging your credit report for 7 to 10 years by filing bankruptcy?
Living Debt-Free
Do you dream of living without the burden of excessive debt hanging over your head? Its possible, but not easy. Living debt free requires financial discipline, all the time. To become debt free and maintain a debt free life, try the following three steps:
1. Get rid of existing debt. This is obviously your first step to living a debt free lifestyle. Cut up any credit cards that you currently have in your wallet, purse, or desk drawer and do not apply for or accept any oth…
Your Debt Free Plan for the New Year
Unmanaged spending using credit cards are the number one root cause that drives most of people into credit card debt. If you are current in debt and thinking of having a debt free life in near future, you need to start to look into your debt seriously. This article will outline a few debt free steps which you can put in place in your New Year’s plan.
Three Steps To Repairing Your Credit
Have you spent a little more (or a lot more) than you should have with credit? Most Americans have several credit cards with a few thousand dollars in debt racked up, as well as car or personal loans. When you combine these payments with your every day living expenses, it can be really hard to get yourself out of debt. Here are 3 steps you can take right now, to get on the road to repairing your credit.
1. Thanks to changes in federal laws, every citizen in the United Sta…