Many people struggling with debt are tempted by the short-term fix of debt settlement. This option allows the debtor to pay the creditor less than they owe. Sounds great, right? Unfortunately, debt settlement is actually a...
According to research from the University of Michigan, approximately 3.5 percent of homeowners have fallen behind on their mortgage payments. This means that approximately 4.1 million American families have faced financial...
Millions of Americans are covered by health insurance, but still face mountains of medical debt. While health insurance is supposed to cover protection, nearly 75 percent of people who file for bankruptcy do so because of...
Homeowners who are anxious to lower their mortgage rates might be tempted to refinance their loans as quickly as possible. However, there are an increasing number of homeowners complaining about the financial pitfalls of...
This week in bankruptcy news: A bankruptcy judge approves the sale of Hostess’ assets to satisfy debt obligations, and the Casey Anthony bankruptcy case takes a publicized turn for the worse when the trustee asks the...
