When you have a lot of debt, paying it back can feel overwhelming. The first step to getting debt under control is a realistic budget based on accurate income and expenses. Follow these steps to make a budget and determine your best course of action. List income and...
What are your options for paying off medical debt?
Despite eating well and exercising to avoid health complications, you may find yourself saddled with medical debt because of an injury or a moment of clumsiness. No matter how the injury and resulting hospital visit occurred, you have medical debt that you want to pay...
What is the end result of Chapter 13 bankruptcy?
Individuals in California who experience the pressure of unmanageable debt may turn to bankruptcy to provide themselves with a fresh start. Chapter 13 is one type of bankruptcy available to individuals. This bankruptcy option provides immediate financial relief by...
Ruling includes woman’s student loans in her bankruptcy
Chapter 7 remains the most popular form of personal bankruptcy due to the benefit that it offers of having certain debts discharged. However, federal lawmakers do not want to see debtors abuse this benefit, and thus place strict qualifications in its eligibility....
Preventing credit card debt from ruining financial stability
While credit cards are a convenient source of payment for many consumers in California, they can also create significant financial problems if people are not careful. Because it is so easy to run a card, many people unintentionally overspend and fail to recognize they...
