Many good reasons exist for people with seemingly overwhelming debt to file for bankruptcy protection, even though it can be a difficult choice. But sometimes it’s even more confusing to know when it’s time to take action. Filing too early can have severe financial...
Month: January 2020
Predatory loans could pose a risk before bankruptcy
It is common for individuals to take out new loans to repay older debts. In some cases, this might help them keep their debt under control.Unfortunately, some of these loans might target people in financially vulnerable positions and increase the risk of debt in the...
Top resolutions for 2020: Take care of debt
Many people keep the tradition of making a resolution each year on New Year’s Eve. That way, they can make a change in their life and get a fresh start for the new year.In the past, the most common New Year’s resolutions often included losing weight,...
Three signs that debt could be spiraling out of control
As we have mentioned in past blog posts, debt has almost become a normal part of life. After finishing school, getting a necessary surgery or even purchasing a home, it is common for people to have debt.Unfortunately, it is sometimes too easy for this debt to start...
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