If you are considering filing for bankruptcy, you might have concerns. There are many myths surrounding the process that may deter you from going through with it. Making the decision to file for bankruptcy can be intimidating, but it can offer you a fresh start and...
How does wage garnishment work, and how can you make it stop?
One of the most frustrating aspects of owing a significant amount of debt is that you will face pressure from creditors and debt collectors. You will get phone calls and letters, adding stress to an already stressful situation. It is possible you will also receive...
When should someone file for bankruptcy?
Bankruptcy is a financial tool that can help people struggling with more debt than they have income to repay. Quite a few people don't even think about bankruptcy until their financial circumstances become so dire that they have no other option. If you have found...
What does the Fair Debt Collection Practices Act mean for you?
One of the most inconvenient and overwhelming aspects of owing a significant amount of debt is effort made by debt collectors to contact you. If you fall behind on your payments, you will start getting phone calls and letters from creditors demanding payments. You may...
Debt consolidation and other options for better financial health
Consumers may find themselves in difficult financial situations for various reasons. Job loss, changes in income, the birth of new children, divorce and other factors can lead to a dependence on credit cards and an accumulation of debt that eventually becomes...
Is a debt consolidation loan right for you?
Louisiana consumers with exceptionally high amounts of debt or those who are unable to manage monthly payments because of difficult financial circumstances may consider different ways to deal with their debt. One of these options is debt consolidation. This allows a...
When is it a good idea to consider a debt consolidation loan?
When facing significant debt, a Louisiana consumer may consider various ways to deal with these types of balances. There are certain types of loans that will consolidate balances, making it easier for an overwhelmed consumer to keep up with payments. Consolidation is...
Young adults can find themselves struggling with debt, too
Debt isn't just something that happens to those who own their own house or who have a family dependent on them. Young adults living independently for the first time can also find themselves dealing with enormous amounts of debt. Young adults often struggle to pay...
When is debt consolidation the best choice?
When a Louisiana consumer is financially overwhelmed, there are a few options for what he or she could do to take back control of bills and expenses. One of these options is debt consolidation, a process that may be particularly useful for individuals who have...
What are common ways for people to handle their debt?
Debt is a common part of life for many Americans. From financed home purchases to student loan debt and credit cards, most Americans carry substantial personal debt. Unfortunately, for some people, that debt can eventually snowball and grow to a point where they can...
