Category:
Debt Relief

Man in debt needs relief

How Does Debt Relief Work?

By Tom Jackson | July 10, 2019

Flip through the channels on your TV, and you’re bound to see an ad offering debt relief. Why? American families in debt have a lot of it … and many…

Filling out a petition for bankruptcy online

Online Bankruptcy

By George Morris | July 8, 2019

If bankruptcy is in your future, there are tools online to help you navigate the maze. However, filing for bankruptcy is far more involved than ordering a two-topping special from…

Computer displaying an online credit counseling course

Online Credit Counseling

By Joey Johnston | July 1, 2019

Nowadays, we do everything online. We pay the bills, shop for groceries, and order Chinese food without leaving the comfort of our couch. Doing things online is just plain easier…

Merchant making a credit card transaction

Merchant Cash Advances

By Guest Author | April 24, 2019

Is your small business having cash flow challenges? Have you seen the tempting ads for merchant cash advances? If your answer to both questions is “yes,” be sure to consider…

Learn the details of credit counseling

Credit Counseling

By Tom Jackson | April 18, 2019

What Is Credit Counseling? Credit counseling is a free service that provides help with budgeting, solutions for becoming debt-free, and tips for managing your money successfully. Credit counseling is offered…

How to Stop Debt Collection Calls

By Sarah Brady | March 13, 2019

Did you know there are laws to protect you from being harassed by debt collectors? From lying about your debt to pestering you repeatedly on the phone, the Fair Debt…

Debtors Anonymous Support Group

Debtors Anonymous

By Robert Shaw | November 28, 2018

A friend confides that the house sale she thought would bring a free-and-clear down payment on a retirement condo in sunnier climates took a surprise turn. Before settlement, her husband…

Petition for Chapter 11 Bankruptcy paperwork

Getting Reorganized: Chapter 11 Bankruptcy

By Joey Johnston | November 28, 2018

Chapter 11 bankruptcy does for businesses what Chapter 13 does for individuals in terms of buying time to reorganize in hopes the business can turn things around and pay off…

Two people shaking hands over pile of coins

Bankruptcy vs. Debt Relief

By Robert Shaw | September 11, 2018

Debt relief vs. bankruptcy is on a lot of our minds these days. Not without reason. Some of us are in big financial trouble. U.S. households owe $17.8 trillion in…

worried over bills

5 Ways to Reduce Financial Stress

By Tom Jackson | August 9, 2018

Feeling the squeeze from financial worry? Saying you’re not alone isn’t useful. Saying there’s professional help for your condition just might be the best thing this side of winning the…

Sources:

  1. Stolba, S. (2020, March 9) Debt Reaches New Highs in 2019, but Credit Scores Stay Strong.  Retrieved from https://www.experian.com/blogs/ask-experian/research/consumer-debt-study/
  2. Hogue, J. (2019, March 18) People in these 13 States Owe More than They Make a Year. Retrieved from https://peerfinance101.com/average-debt-by-state-loans/
  3. Leonhardt, Megan (2019, May 24) Nearly 25% of Americans are going into debt trying to pay for necessities like food. Retrieved from https://www.cnbc.com/2019/05/23/nearly-25-percent-of-americans-are-going-into-debt-trying-to-pay-for-necessities.html
  4. Kohler, C. (2019, March 7) You’re Not Alone: 52% of Americans are Fighting to Make Ends Meet. Retrieved from https://www.thepennyhoarder.com/save-money/americans-struggle-to-make-ends-meet/
  5. Value Penguin (2019, July) Average Credit Card Debt in America: July 2019. Retrieved from https://www.valuepenguin.com/average-credit-card-debt
  6. Pritchard, J. (2019, June 25) Debt Consolidation Programs: Help With Overwhelming Debt. Retrieved from https://www.thebalance.com/debt-consolidation-programs-315542
  7. Hipp, D. (2019, May 7) Understanding debt settlement: Is it worth it? Retrieved from https://www.creditkarma.com/advice/i/debt-settlement/
  8. Weliver, D. (2019, March 18) 10 Things You Should Know About Debt Management Programs. Retrieved from: https://www.moneyunder30.com/10-things-you-should-know-about-debt-management-programs
  9. Chandler, D. (2019, May 21) Should I file for bankruptcy? Find out if bankruptcy is right for you. Retrieved from https://www.consumeraffairs.com/finance/bankruptcy_02.html