Blog Posts in Credit Card Debt

“What type of debt can bankruptcy eliminate? Student loan debt? Medical bills? Personal loans? Credit card debt?” The type of debt that can be erased or discharged depends on a few factors, but mostly ...

As of this writing, the interest rates for credit cards are between 17 and 17.26%. With rates that high, the balances on a debtor’s credit cards can quickly snowball if the debtor maxes out his or her ...

Sometimes, such as in cases of failed businesses, bankruptcy is unavoidable. In cases of massive debts accrued by individuals, bankruptcy is the culmination of years of bad spending patterns and ...

Understandably, millions of Americans go into debt during the holidays. According to Discover , “in 2016 the average American went more than $1,000 into debt just during the holidays alone.” Since ...

In our experience, most debtors are not in the habit of filing for bankruptcy due to reckless and out of control spending. Instead, bankruptcy is usually preceded by a job loss, an accident, illness, ...