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 article discusses some things a person can do to avoid delays during bankruptcy.
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 balance assets and liabilities like any other. Kentucky readers may be interested in a recent state's considerations of seeking debt relief in bankruptcy court for its public school system.
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 have experienced medical emergencies sometimes also receive bills regarding their transportation to a medical facility.
A recent survey points to many Americans being in a financial situation that can be difficult.
Repeated phone calls, letters of collection, and threats of lawsuits are all common annoyances of dealing with debt collectors. While their tactics may seem bullying, the truth is that many debt collection companies are violating the rules. The Fair Debt Collection Practices Act has guidelines that debt collectors must follow when attempting to collect on a debt, but many aren't adhering. Here are some of the list of No-No's when it comes to collecting on a debt:
Marital problems can often arise when financial hardship strikes and spouses become stressed with how to find a resolution. While debt burdens can already be hassle enough, adding a potential divorce to the matter can greatly complicate things. Whether you are looking to divide debts and move on or file for bankruptcy it is important to discuss your situation with aLouisville bankruptcy lawyer to ensure you dissolve the relationship appropriately.
Debt relief companies come a dime a dozen, which means the chances that any one of the offices you walk into for help could be a scam. Unfortunately, more of these types of companies are taking advantage of unsuspecting consumers that are in need of debt relief services. The latest company charged by the Federal Trade Commission could be facing serious consequences.
Many people have had the unpleasant experience of dealing with debt collectors. Endless calls, letters of default, and threats of lawsuits are all commonplace when dealing with missed debt payments. What many people don't know is that there is a right way and a wrong way to deal with debt collectors. Here are some answers to some of the more common questions about debt collections:
As the school year comes to a close in the next few weeks many families will be hitting the pavement looking for fun in the sun. With the average American spending over $2500 on a summer vacation much of that cost gets absorbed onto credit cards. If you are looking for family fun and don't want to sink further into credit card debt, here are some tips for you to stay debt free this summer: