Many senior citizens file bankruptcy after accumulating so much medical debt that it was ruining them financially. But how can a senior citizen prevent future medical debt from ruining the financial fresh start given by bankruptcy? Let's take a look at a few tips: Senior citizens should purchase and maintain a health insurance policy after [...]
Is Your Car Dealer a Predatory Lender?If you've been out of bankruptcy for a few years, then you're probably ready to take the leap and buy a new or used car. If so, you need to be on the lookout for predatory lenders. Predatory lenders in the car finance industry are plentiful and they've got [...]
When it comes to facing bad news, it's hard to be honest. This is just as true when it comes to personal finances as it is with other things. That's why many debtors bury their head in the sand and pretend that they don't have a debt problem while they sink farther into a financial [...]
Owning your home is part of the American dream. It is usually the goal of the post-bankruptcy debtor just as much as the rest of America. But is owning your home affordable and desirable after bankruptcy? Things debtors should consider before signing a mortgage: Can you afford to own your own home? Yes, your debts [...]
If you've been keeping up with the latest entertainment buzz you've probably heard about the Kardashian sisters' newest and now defunct business venture - a prepaid debit card designed to leverage the influence they've gained from their hit cable TV show "Keeping Up With The Kardashians." The show targets young people, which was also the [...]
In the Chapter 11 bankruptcy case, In re Charles R. Livecchi, Sr., the pro se debtor was forced into a Chapter 7 bankruptcy after he failed to present a realistic and repayment plan. On April 8, 2009, Appellant filed a voluntary Chapter 11 bankruptcy petition. On January 21, 2010, the United States Trustee filed a [...]
You're up late at night listening to the radio, surfing the internet or watching TV when you're bombarded with an over the top credit repair commercial promising to fix all of your credit problems if you would only hire their company. But before you pick up the phone to call the so-called credit repair "gurus" [...]
New laws have prohibited banks from automatically enrolling their checking account customers into overdraft "protection" schemes. But many banks are getting creative about convincing their customers that signing up for overdraft "protection" schemes is to their benefit. Don't doubt for one minute that the only people that the overdraft "protection" schemes benefit are the banks. [...]
The current economy has many parents turning to their adult children for help getting access to credit. But what are some of the dangers of adult children co-signing a parent's loan? Your parents can't really afford the loan. If your parents have been turned down for a loan or credit card recently it is probably [...]
As the unemployment crisis continues many people are finding that they are running out of options. After 99 weeks of unemployment insurance benefits, jobless individuals who have been unable to secure employment are faced with the prospect of foreclosure, creditor lawsuits and even destitution. But how do 99ers avoid a financial apocalypse? Some things that [...]
