For the past 10 years, our dependence on credit cards has grown exponentially. But as the credit crunch worsens many Americans are finding it difficult to fund the things they want or even need....
Many debtors finding it difficult to keep up with their bills are tempted to borrow against their retirement funds to keep their head above water. Reductions in salary and especially unemployment can appear to...
According to an article in the Star-Telegram, Senator Christopher Dodd, introduced legislation that would require banks to inform their customers when they overdraw their accounts via e-mail, text message, or postal mail and warn...
Ranch style home in North Salinas, California With the housing market in constant flux, many people are trying to take advantage of "Short Sales" to get into the home of their dreams. A "short...
What Credit Card Debt to Income Ratio Should You File Bankruptcy? Most debtors hear the phrase "debt to income ratio" and they aren't sure what it means exactly. In a nutshell, a debtor's debt...
If you fear that you are falling behind, canceling credit cards before your creditor does sometimes makes sense. In her book, Bounce Back From Bankruptcy, Paula Langguth Ryan warns of the consequences of letting...
Protecting Your Bank Account When You File Bankruptcy When a debtor files bankruptcy he/she needs to consider the effect it may have on his/her bank accounts. Usually when a debtor files bankruptcy, his/her bank...
