Louisville Bankruptcy Blog
Payday loans can leave you in need of debt relief
There are a lot of financial stressors in life. In the blink of an eye you might lose your job, dissolve your marriage, suffer a costly injury, or be subject to the onset of a devastating illness. Any of these scenarios can be financially devastating, and it might...
Tips to curtail the buildup of credit card debt
Millions of Americans have credit cards that they use frequently for all types of purchases. In fact, using credit cards to make purchases can become quite normal for many people, as they shop online or in stores and then pay off the balance owned when the monthly...
Rebuilding credit after bankruptcy
A Chapter 7 bankruptcy can liquidate debt and provide a financial fresh start. But this may come with worries that decent credit may never be reestablished after bankruptcy. There are ways, however, to rebuild credit. First, keep in mind that your credit may have...
Improving credit score after bankruptcy
When an individual accumulates debt, he or she wants to get rid of it. Whether it is a large sum or not, getting rid of debt allows for financial burdens to be uplifted. However, not everyone is able to quickly pay off debt. In some cases, debt gets so overwhelming...
Credit card debt at its all-time high
There are many reasons why consumers in Kentucky and elsewhere reach for their plastic to pay for things even when they have money in the bank. Maybe it is the rewards perks that drives this spending. Possibly, it is the incentive that one will not have to pay any...
Cash-back credit cards could increase your debt
While there are many ways to put money back into your pocket, spending money is not the best method to do this. Credit card companies seek to not only normalize the daily use of charge cards, but they also seek to increase the spending of consumers in Kentucky and...
Dealing with the hefty price tag of cancer treatment
While we like to imagine ourselves and out loved ones as healthy and living a long life, the reality is that a health issue related to an injury or a disease could strike at any time. A major illness, such as cancer, leaves patients facing many obstacles beyond just...
Credit card debt is the highest in southern states
In Kentucky and other states in the south, southern hospitality is often exhibited by its residents. For some, this goes beyond saying kind words and simple gestures. In some cases, this means presenting an entire persona and atmosphere in their home, and in order to...
Medical debt, the top reason for bankruptcy filing
Debt can be experienced at any age. In fact, due to the rising cost in education, a large percentage of young adults carry with them significant debt due to student loans. While this form of debt is burdensome, it is not very easily erased to debt relief options, such...
When does filing bankruptcy make sense?
Despite bankruptcy's stigma, filing may provide you the financial relief that you need. You might have concerns about your credit and reputation taking a hit if you do so. But these things can be easier to restore than your finances, if your debt keeps piling up. Yet...
