Some King County consumers may be interested to learn of a recent announcement by the Consumer Financial Protection Bureau. The agency is considering new regulations regarding the way the collection industry goes after consumers for alleged debts that they owe.
Filing for Chapter 13 bankruptcy in Seattle
Seattle residents who want to turn over a new financial leaf but who don't qualify for Chapter 7 bankruptcy may want to consider filing for Chapter 13 bankruptcy. Filing for Chapter 13 debt relief can be a viable alternative to losing one's home to foreclosure.
Free yourself from consumer debt
Washington residents aren't alone in their struggles with credit card debt. On average, the typical credit card balance for Americans is more than $15,000. However, many consumers are bowed under much higher debts on their plastic and seeking ways to get out from under the debt mountain.
What's worse for my credit? Bankruptcy or debt settlement?
Even normally responsible Washington consumers can experience a run of financial bad luck that has them contemplating their options as debtors.
