This article originally appeared on August 10, 2020 at https://www.studyfinds.org/quarter-americans-missed-bill-payment-covid-19/

A $3500 loan at 29% interest grows to a $45,000 garnishment. How fast does at debt at 29% interest add up? For Wilson a $3500 loan grew to a $45,000 garnishment in ten years. Wilson borrowed $3500 from a Finance Company in 2004.  He took out that loan to pay off some collections and raise […]

This article orginally appeared in Cranes New York Business on August 13, 2020 at 
https://www.crainsnewyork.com/transportation/taxi-commission-fails-regulate-uber-and-lyft-under-two-year-old-city-law

--------------

Taxi commission fails to regulate Uber and Lyft under two-year-old city law
BRIAN PASCUS

In Chapter 13, Don’t Bounce Your Checks! Please don’t bounce your checks, when paying the Chapter 13 Trustee. At least here in Northern Virginia, after two bounced checks, they require you to start sending money orders.  Money orders are expensive, hard to get during the pandemic, and even harder to trace if they are lost […]

This article originally appeared in the New York Times at https://www.nytimes.com/2020/08/11/nyregion/nyc-economy-chain-stores.html
---------------------

Retail Chains Abandon Manhattan: ‘It’s Unsustainable’
Some national chains, both retail and restaurants, are closing outlets in New York City, which are struggling more than their branches elsewhere.

This article originally appeared at Marketwatch.com on August 11, 2020, at https://www.marketwatch.com/story/us-bankruptcies-on-track-for-10-year-h...

--------------

If you’re filing for personal bankruptcy, the bankruptcy code provides two main options: Chapter 7 and Chapter 13. If you want a “straight” bankruptcy wherein you allow the bankruptcy court to liquidate your assets in order to pay back your creditors, the bankruptcy chapter for you is Chapter 7, also known as liquidation bankruptcy.
Going through this bankruptcy process allows you to pursue debt relief by eliminating almost all of your debts after your bankruptcy trustee sells some of your personal property and uses the proceeds to pay off one creditor after another.

If you’re filing for personal bankruptcy, the bankruptcy code provides two main options: Chapter 7 and Chapter 13. If you want a “straight” bankruptcy wherein you allow the bankruptcy court to liquidate your assets in order to pay back your creditors, the bankruptcy chapter for you is Chapter 7, also known as liquidation bankruptcy.
Going through this bankruptcy process allows you to pursue debt relief by eliminating almost all of your debts after your bankruptcy trustee sells some of your personal property and uses the proceeds to pay off one creditor after another.

If you’re filing for personal bankruptcy, the bankruptcy code provides two main options: Chapter 7 and Chapter 13. If you want a “straight” bankruptcy wherein you allow the bankruptcy court to liquidate your assets in order to pay back your creditors, the bankruptcy chapter for you is Chapter 7, also known as liquidation bankruptcy.
Going through this bankruptcy process allows you to pursue debt relief by eliminating almost all of your debts after your bankruptcy trustee sells some of your personal property and uses the proceeds to pay off one creditor after another.

If you’re filing for personal bankruptcy, the bankruptcy code provides two main options: Chapter 7 and Chapter 13. If you want a “straight” bankruptcy wherein you allow the bankruptcy court to liquidate your assets in order to pay back your creditors, the bankruptcy chapter for you is Chapter 7, also known as liquidation bankruptcy.
Going through this bankruptcy process allows you to pursue debt relief by eliminating almost all of your debts after your bankruptcy trustee sells some of your personal property and uses the proceeds to pay off one creditor after another.