As reported by the U.S. Census Bureau, the average American has almost $8,000 in credit card debt. Credit card debt is a growing issue for many people, and its impact can extend far beyond financial strain. Relying on credit cards might seem like an easy solution for...
Among the many financial challenges that individuals and families face, the inability to afford mortgage payments stands out as one of the leading causes of bankruptcy in the United States. Homeownership is a significant milestone for many. However, when mortgage...
During a divorce and custody hearing, the court typically aims to ensure that both parents have equal opportunities to maintain a meaningful relationship with their children. Unfortunately, sometimes children resist these arrangements. If your child resists...
When facing overwhelming financial difficulties, bankruptcy can be a worthwhile last resort for individuals seeking relief. Bankruptcy provides a structured way to address financial struggles, including credit card debt. It is important to note, however, that...
Medical debt plagues countless Americans and often leads to financial distress and, in some cases, bankruptcy. The financial burden of health care expenses can be overwhelming. Many individuals and families find themselves in dire straits due to their inability to...
Those overwhelmed by debt often consider filing either Chapter 7 or Chapter 13 bankruptcy. Chapter 13 bankruptcy, also known as "reorganization bankruptcy," is a legal process designed to help individuals with a steady income regain control of their finances while...
Overwhelming financial difficulties can be incredibly challenging to overcome. In certain cases, they can be near impossible to surpass without outside aid. Bankruptcy can provide relief from unmanageable debt. A common misconception that keeps many from using it is...
If you feel overwhelmed by debt, you are not alone. Many Americans struggle with debt. In times of economic uncertainty, people rely more on their credit cards or borrow money to make ends meet, improve their opportunities or access education. If the debt becomes...
In the first quarter of 2022, the Maryland Department of Housing and Community Development reported an increase in foreclosures over the previous quarter of 32.8%. This is bad news for homeowners, especially if they are struggling to make ends meet. If you get notice...
The prospect of losing a home due to financial difficulties is a distressing reality for many homeowners. In January 2023, nearly 32,000 U.S. properties had foreclosure filings, according to real estate data company ATTOM. Individuals facing foreclosure often wonder...
