When you struggle with debt, you also struggle with debt collectors. Some may approach their collecting in a reasonable way. After all, the Fair Debt Collection Practices Act (FDCPA) prevents debt collectors from abusing their power. Unfortunately, it still happens....
Despite your efforts to adjust your budget, earn extra income and sell belongings, you still cannot catch up with your mortgage payments. Could you qualify for a loss mitigation program? The Federal Housing Finance Agency explores several programs that help homeowners...
As part of your quest to get out of debt, you want to reframe your relationship with money. What mental tricks should you use to get out of financial quicksand and stay out? U.S. News & World Report offers suggestions that you may find useful. See how these tips...
Lately, you struggle to keep up with payments on your home in Maryland. Life threw several financial curve balls at you recently, and you fear your lender may foreclose on your home. The U.S. Department of Housing and Urban Development offers tips to avoid...
A Chapter 7 case remains a popular option among those seeking personal bankruptcy protection due to the benefit it offers of having certain debts discharged. Indeed, according to information shared by the American Bankruptcy Institute, a vast majority of bankruptcies...
If you are facing insurmountable amounts of credit card debt, the first thing that you need is a plan. Having a solid financial plan in place for dealing with your debt will help you get it under control so you can move forward into a stable financial future. One...
The Small Business Reorganization Act created Subchapter V, which allows smaller companies to file for bankruptcy without liquidating their assets. Your business may file a petition if you reasonably anticipate remaining open while reorganizing your liabilities....
There are a multitude of “clever” tips and tricks to get out of debt fast, but the reality is that getting out of credit card debt is much more like a marathon than a sprint. Whatever method you choose to deal with your debt, you will be managing the situation for...
Whether you are facing a divorce, learn of a partner’s spending habits or are considering how marrying someone with credit card debt may affect your finances, you want to know how Maryland considers debt for couples. As the State Law Library explains, generally, you...
If you are like many Americans, you have higher credit card debt than you would like. On average, credit card holders have $15,000 in debt, according to the Huffington Post. When it comes to any amount of credit card debt, people want to know how to pay it off. How...
