Even if you received a pay raise in the last few months, you may be struggling to pay for the items you use every day. This is unsurprising, as the price of many consumer goods has increased by more than 8% in the last year, according to the U.S. Bureau of Labor...
Has Debt Taken
Over Your Life?
Blog
Can you avoid creditor harassment with bankruptcy?
Dealing with debt is already a big enough stressor on its own. When you compound that with harassment from creditors, it can start to feel overwhelmingly hard to deal with. Fortunately, laws protect you from certain creditor actions. In fact, debt collectors may...
3 tips for coping with the stress of bankruptcy
Divorce, job loss, a chronic illness or another unexpected life situation can make it harder for you to stay on top of your finances. Because of this, you may find yourself dealing with significant debt and considering the bankruptcy process. Many people file for...
Chapter 13 bankruptcy – the repayment plan
Chapter 13 bankruptcy requires people to complete a repayment plan. Although earning a regular income, some may find themselves struggling with debt. To regain control of their finances, those in such circumstances often consider options such as filing for Chapter 13...
The No Surprises Act and unpaid medical balances
On January 1, 2022, the No Surprises Act went into effect. The Centers for Medicare and Medicaid Services notes that health insurance carriers may no longer send “surprise” bills. As reported by CNN, the Act could cut approximately 10 million surprise statements sent...
What role does home equity play in bankruptcy?
Job loss, underemployment, medical bills and significant debt are among the reasons that many Kentucky residents consider bankruptcy. However, you may worry about losing your home if you file. The amount of equity you have in your home might determine the amount of...
Are you facing harassment by a debt collector?
Dealing with debt collectors often serves as a difficult and traumatic experience even when they follow all of the rules. Unfortunately, the Fair Debt Collection Practices Act (FDCPA) ended up implemented because many of them do not. For example, harassing behavior is...
Can a debt management plan help me?
In the event that the majority of your debt comes from credit cards, there are more options for paying it down than you might think. The debt management plan is one option. While this might sound like a general approach to managing money, a debt management plan is a...
What is a balance transfer and can it help me?
Dealing with massive amounts of credit card debt can become very overwhelming very quickly. Additionally, the myriad of options available for managing credit card debt may also be overwhelming. One potential option for paying down your credit card debt is to try a...
Could debt consolidation give you the wrong mindset?
Some people struggling with debt will consider debt consolidation as a way to alleviate their burden. By combining multiple debts into one, it is possible to simplify a debt load and secure a more favorable interest rate or reduce monthly payments. But debt...
