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What You Need To Know About Unemployment Benefits

Unemployment claims have reached record highs above levels ever seen in history. States are reporting unemployment claims upwards of 900,000 a week.  As many people are desperately seeking assistance to make ends meet, many feel relieved by the news this week that an extension to, and addition of new, unemployment benefits may soon be available. […]

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News

AMC Movie Chain Files Chapter 11 Bankruptcy

In 2019, the domestic box office hit the second highest record for profitability; bringing in some $11.4 billion. Prior to March of this year, many predicted that the profitability in 2020 would achieve a similar record. However, the entertainment and nightlife industries have taken one of the largest blows to profitability due to the pandemic. […]

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Credit Card Debt

Try These 5 Things To Improve Your Credit Score

There are a few reasons why your credit score may be low. First, you may not have established credit yet. Credit scores are based heavily on your credit history, e.g. loans you have taken, expensive items you have purchased, etc. If you have little or no credit, it will be difficult to have much of […]

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Debt Relief

Debt Collection Protection

Fair Debt Collection Practices Act (this is part of the Consumer Credit Protection Act) provides consumers with protections against unlawful or unethical debt collection practices. Under the FDCPA, debt collectors must follow certain rules about contacting consumers. For example, debt collectors generally have to stop trying to collect a debt that becomes past-due 90 days, […]

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Credit Card Debt

Wage Garnishment and Bankruptcy

Wage garnishment is legal order in which your employer is required to deduct money from your salary and wages to be paid to a creditor. Wage garnishment orders can demand portions of your paycheck for resolving debts like spousal/child support, student loan debts or payments due to a credit card company. However, it can only […]

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Mortgage

Foreclosure and Bankruptcy

For most people, a mortgage is their most expensive asset and largest debt. If the debt owed on your home becomes too high of a financial burden to bear, you have a short window to seek help for your missed payments before losing the home. Foreclosures 101 Foreclosure is a legal process by which mortgage […]

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Debt Relief

Make a Plan to Be Debt Free

This year has been filled with unexpected events and outcomes for many families.  A turbulent economy, unexpected challenges in careers, and the loss of the comforting sense of status quo have all presented unique challenges to daily life. In times of uncertainty, it is more important than ever to keep a close hand on your […]

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Debt Relief

Credit Scores After Bankruptcy

There is a misconception that filing for bankruptcy damages your credit and prevents you from securing credit in the future. In fact, this is one of the most common excuses people have for not seeking debt relief help through bankruptcy. This misconception can do more harm than filing for bankruptcy in many cases, as it […]

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Property

Vehicles and Bankruptcy

If you are stuck in debt, you should consider filing for personal bankruptcy, which helps clear away your debts. Personal bankruptcy includes two types, Chapter 7 and Chapter 13. While Chapter 7 means liquidating some of your assets if you have any that exceed the limits on value, Chapter 13 implies repayment of debts from […]

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Bankruptcy

Marriage and Bankruptcy

Financial problems are often a source of contention in marriages, especially if large debts are burdening the family. If you and your spouse are experiencing overwhelming debt, you may consider filing for bankruptcy to get rid of the debt. However, timing is important. If you are yet to marry, it is essential to figure out […]