Bankruptcy rates have been falling in Washington and other states during the past four years, but experts say they are not entirely sure what is causing the phenomenon. Personal bankruptcy is certainly in a lull, though the reason might not be what you think; gurus...
Month: July 2014
You can get a credit card even after seeking debt relief
On Behalf of Law Office of Ruth Nelson | Jul 18, 2014 | Debt Relief
If you are facing a significant amount of debt, you may wonder whether you will ever qualify for a credit card in the future. Many experts say that those who have sought debt relief in the past actually may be surprised at the variety of cards they may actually be...
Consider payoff time when choosing Chapter 7
On Behalf of Law Office of Ruth Nelson | Jul 16, 2014 | Chapter 7
How long would it take you to pay off your Washington consumer debt? Experts say that those who are facing financial difficulties may benefit from Chapter 7 bankruptcy if debt repayment is anticipated to take five years or more. Although it is critical to consider the...
Overall credit card debt has dropped nationwide since 2013
On Behalf of Law Office of Ruth Nelson | Jul 11, 2014 | Credit Card Debt
Credit card debt among American households has dropped since 2013, with the average consumer carrying about $3,600 in debt during the first quarter of this year. However, some states have seen consumer balances rising again, with borrowers once again making big...
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