When you received your well-earned degree, you didn’t anticipate the hardships you’d experience in the years to come. The market has been anything but kind to your field and the competitive job market has left little room for opportunity. You’ve had...
Month: June 2018
Effective strategies for dealing with medical debts
If a person in West Virginia has health insurance, it may still be hard to pay medical bills that he or she incurs to treat a medical condition. According to the Kaiser Family Foundation, 43 percent of adults with insurance said that they struggled to pay their...
Payoff of credit card debt
According to information from the United States Census Bureau, the credit agency TransUnion and the Federal Reserve, people in Maryland and the rest of the country repaid $40.3 billion of credit card debt during the first three months of 2018. The amount represents...
Rapper Lil’ Kim files for Chapter 13 bankruptcy
Virginia fans of rapper Lil' Kim might have heard that she recently filed for Chapter 13 bankruptcy. She did so just before her home in New Jersey, a gated mansion worth $2.3 million, was foreclosed upon. The house is set to be auctioned on June 29. The rapper owes...
Debts that may be discharged in a Chapter 13 bankruptcy
Filing either a Chapter 7 or Chapter 13 personal bankruptcy allows Virginia residents with overwhelming debt to take control of their financial situations and offers them the possibility of a fresh start. Filing a Chapter 7 petition may be the fastest and most...
How to know if debt settlement is right for you
Having a large amount of debt can be a shameful feeling. It may make you feel like you are bad with money. According to a NerdWallet study, the average American household has $15,983 of debt on credit cards. Clearly, you are not alone in this country. It is not...