Submitted by Anonymous (not verified) on Wed, 02/12/2014 - 10:00
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.
Submitted by Anonymous (not verified) on Tue, 02/11/2014 - 10:00
If 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
Submitted by Anonymous (not verified) on Mon, 02/10/2014 - 10:00
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.
Submitted by Anonymous (not verified) on Fri, 01/31/2014 - 10:00
Bankruptcy 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.
Submitted by Anonymous (not verified) on Thu, 01/30/2014 - 10:00
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.
Submitted by Anonymous (not verified) on Wed, 01/29/2014 - 10:00
If 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.
Submitted by Anonymous (not verified) on Tue, 01/28/2014 - 10:00
If 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.
Submitted by Anonymous (not verified) on Mon, 01/27/2014 - 10:00
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.
Submitted by Anonymous (not verified) on Sun, 01/26/2014 - 10:00
You 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.
Submitted by Anonymous (not verified) on Sat, 01/25/2014 - 13:00
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?