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Category: Debt

16 May, 2012
Reaves & Lee

The Student Debt Trap

College students these days are facing more challenges in managing their debt burdens after graduation than ever before. Although student loan debt has become a 1 trillion industry, personal credit card debt among college...

10 May, 2012
Reaves & Lee

The Debtor's Prison

Once a common practice for punishing debt evaders, debtor’s prisons have been abolished since the 1830s. Jailing people over unpaid debts is no longer common practice, but that isn’t to say it hasn’t...

9 May, 2012
Reaves & Lee

Comparing Mortgage Debt Solutions

All the discussion over the trouble in the mortgage industry and possible solutions to help fix it and save distressed homeowners can get confusing. Not all industry experts agree on which mortgage debt solution is best and,...

8 May, 2012
Reaves & Lee

Prepaid Credit Card Considerations

A financial tool that has become more popular in recent years is the use of prepaid credit cards. Claiming to help consumers by avoiding late fees and missed payment penalties, prepaid cards are not as beneficial as many...

4 May, 2012
Reaves & Lee

Debt Collector Sued For $10 Million

Debt collection calls can be abusive and irritating. Surprisingly, you don’t have to be in debt or even owe anyone money to be the target of some of these harassing calls. In fact, many people are wrongly contacted...