Considering Filing? You Need To Know What Happens When You File Bankruptcy
March 9, 2023
Considering Filing? You Need To Know What Happens When You File Bankruptcy What is Bankruptcy? Thinking about filing bankruptcy? Bankruptcy is a court proceeding in which a judge and court trustee examine the assets and liabilities of individuals and businesses who can’t pay their bills and decide whether to discharge those debts so they are…
Personal Loan vs. Personal Line of Credit: Know The Difference
March 9, 2023
When life throws unexpected expenses at us, such as a home renovation, a wedding, or even a funeral, many people opt to use credit over cash. Credit is especially useful when an expense sneaks up on us and we don’t have enough in our emergency funding to cover the cost of the expense. A personal…
Car Repossession: What About The Outstanding Loan Balance?
March 4, 2023
Car Repossession: What About The Outstanding Loan Balance? If you are facing financial hardship, it becomes easy to fall behind on your car payments and possibly even lose your car altogether. Hiding your car in a private garage, removing the GPS tracker, or secretly selling your car are a few car repossession loopholes that could…
What Happens If You Don’t Pay Medical Bills?
March 3, 2023
What Happens If You Don’t Pay Medical Bills? Americans are estimated to collectively owe as much as $140 billion in outstanding medical debt. 1 in every 3 U.S. adults have at least one unpaid healthcare bill. Statistics show that households with children are more likely than those without children to have unpaid medical bills. Medical…
Biden Student Loan Forgiveness Update: What About Private Student Loans?
March 1, 2023
Biden Student Loan Forgiveness Update: What About Private Student Loans? President Biden proposed a plan to erase millions of dollars in student loan debt. Millions of student loan borrowers are currently waiting for the approval of student loan forgiveness. President Joe Biden announced that he intended to forgive up to $20,000 in student loan debt…