Articles from Consumer Help Central

Wisconsin Student Loan Refinance Law Deeply Flawed

Wisconsin State Capitol
Wisconsin lawmakers, in a fit of rage about the onerous nature of student loans, are pushing for a new way for the state to make money and help borrowers. But does it make sense for borrowers?
Dubbed the “Higher Ed, Lower Debt” bill, the measure was introduced by State Rep. Cory Mason as a way to ease student-loan struggles got a hearing Monday in the state Assembly.

Fed Study Reveals Government Effort To Discourage Bankruptcy

st louis fedIf you got through the recession without filing for bankruptcy, the government is happy – even if you lost your home, went into default, and had your bank accounts and wages seized.
A January 2014 working paper from the Federal Reserve Bank of St. Louis, titled, “Labor Market Upheaval, Default Regulations, and Consumer Debt,” find that

7 Simple Habits Of Financially Fit People

Hundred dollar bill laying in bird nest.
Ever looked at your checking account a week before payday and wondered how you were going to make it?
You’re not alone. In fact, 76% of Americans are living paycheck-to-paycheck.

Your Bankruptcy Case Was Dismissed. Here’s What Happens Next.

dismissed bankruptcy caseBankruptcy offers protection from your creditors and a chance to achieve your desirable outcome. But when dismissal looms, your future may not look so bright.
When you file for bankruptcy, you get the benefit of knowing that your creditors can’t take any action against you.

Why Most People Won’t Know You Filed For Bankruptcy


Etiquette experts say that sex, politics and religion are subjects to be avoided at dinner parties.
I’d add one more subject to that list – money.
Nobody wants to talk about their money problems except with their closest friends and loved one – and sometimes, not even with that intimate circle of confidantes.

Don’t Wait Until You’re Too Broke To File For Bankruptcy

Empty wallet in handsIf you’re in debt, it’s a good idea to try every solution to end your financial problems. Just don’t take too long.
Lots of us in the world of bankruptcy and debt relief tend to talk in the language of addiction when describing our clients.
Debt problems spiral out of control, making it impossible to stop using credit cards.

Who Is National Collegiate Student Loan Trust?

National Collegiate Student Loan Trust OrganizationIf you’ve been sued for a private student loan by National Collegiate Student Loan Trust, there’s a good chance you have no idea who they are. Here’s what I know, and what you need to know.
Have a private student loan?
Chances are pretty good that National Collegiate Student Loan Trust is involved.

What It Really Means To Surrender Property In Chapter 7 Bankruptcy

Telling the bankruptcy court that you’re surrendering property in a Chapter 7 bankruptcy doesn’t mean it’s not yours anymore.
When you file for Chapter 7 bankruptcy, you complete a document titled “Statement of Intention.” That document outlines for the court what you intend to do with the property that’s secured by debts.
Think mortgages and car loans.

How To Know If You Should (Or Can) Consolidate Your Federal Student Loans

loan consolidationYou can often consolidate your federal student loans. Whether it’s a good idea, however, is a different matter entirely.
I’m a big fan of keeping my finances simple.
The more bills I get each month, the more likely it is that something’s going to fall through the cracks.

How To Know If You Should File For Bankruptcy Alone – Or With Your Spouse

Deciding whether to file for bankruptcy with your spouse or to go it alone isn’t a simple choice.
You know you can file for bankruptcy alone. And if you live in a community property state, you know your spouse gets some of the benefits of bankruptcy without filing.
But that doesn’t help you decide if you should file together or not. It’s a lot more complicated that that.
Will Your Household Benefit Financially?

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