Debt forgiveness can allow you to clear your debt by paying less than you owe. It does not erase the full debt or leave you without consequences. U.S. News and World Report explains that many people misunderstand what debt forgiveness is and think it works like...
Has Debt Taken
Over Your Life?
Tips for negotiating debt with creditors
When people realize that their debts have created a debilitating financial situation, they may feel hopeless and fearful of the future. What they often do not realize right away is that they may have the option of negotiating with their creditors to find some relief....
How do you recognize debt collector harassment?
Kentucky residents like you have to go through a lot when handling your debts. The last thing you need is a debt collector harassing you day and night in an attempt to get money from you. But how can you tell when the line into harassment gets crossed? How do you know...
Understanding how secured and unsecured debt differ
Many people may consider all debts equal. However, there may be significant differences in debts and how they may impact a person's credit rating or financial stability. Consumers facing serious debt challenges or coming out of a recent bankruptcy and wanting to...
Which bills get paid first?
Debt can quickly get out of control and lead to serious remedies such as bankruptcy. But a debt relief plan identifying the bills to pay off first can help you avoid falling deeper in debt and keep up with expenses. First, according to the National Consumer Law...
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...
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...
Avoiding delays when filing for debt relief
When someone in Kentucky files for bankruptcy protection, they typically want the process over as quickly as possible. While necessary, the process of seekingdebt relief can be invasive and at times uncomfortable. Using the case study of a famous rapper, a recent...
School systems around the country may consider debt relief
With tightening budgets and difficulty getting funding for important programs, there are school systems which may seek financial assistance by filing bankruptcy proceedings. School systems and other government agencies are still ultimately businesses, which need to...
Air ambulance bills among the bills medical emergencies can trigger
Among the things a medical emergency can leave a person facing are significant bills. As a note, the bills a person gets for medical care received at a medical facility are not the only bills a medical emergency can create for a person. For example, individuals who...
