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February 2018 Archives

Is high credit card debt damaging for your health and happiness?

We all know that high cholesterol and high blood pressure are bad for our health, but what about credit card debt? A recent survey conducted by NerdWallet of 2,000 credit card users showed that having a high amount of credit card debt can present some serious health consequences for Americans.

Important facts about Chapter 7 bankruptcy

There are a lot of misconceptions and false information floating around about Chapter 7 bankruptcy. Because some of this false information is so common, it's understandable that many people seeking bankruptcy will initially believe it. If you're really serious about using bankruptcy as a process to get back on track, keep reading. You might need to educate yourself about common myths.

What's the No. 1 reason to file for bankruptcy?

When you think about bankruptcy filings, you probably assume that most people file because they got behind on their credit card payments. Maybe they put too much money on their credit card in order to buy a flight overseas, or they put too much money on their credit card to buy Christmas presents and they got in over their heads. Although many people do file for bankruptcy because of these kinds of financial mistakes, many people end up filing for bankruptcy for an entirely different kind of reason: medical debt.

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