A common myth about bankruptcy is that you won’t be able to apply for loans or credit cards until it’s off your record. In fact, there are many ways to show creditors that you are responsible enough to borrow despite bankruptcy. In part one of our series,...
The major downside of filing for bankruptcy is that it can hurt your credit score. This makes it harder to obtain refinancing, take out loans or start a business in the future. Because bankruptcy can leave a mark on your credit for the next ten years, you might be...
When you owe money from a loan or mortgage, you may suddenly find yourself in a mafia-esque situation. Creditors can seem to act more like mobsters coming to collect money for the boss. There are several ways – some illegal – that creditors can pressure...
In causes of American debt, medical expenses are at the top of the list. Especially for patients going through a long-term health issue, healthcare bills can quickly pile up. Many people don’t have enough savings to cover the cost of an unexpected injury or...
Many students decide to attend college or graduate programs to increase their chances of securing their dream job, or at least a stable income. Still, graduates often find that when they enter the job market, it can be difficult to get a position in their field, let...
Ohio's economy, like most other states in the nation, has had its ups and downs. If you've been raising your family here for some time, you've probably faced quite a few challenges through the years, as the cost of living, housing market and employment rate (among...
Ohio's economy, like most other states in the nation, has had its ups and downs. If you've been raising your family here for some time, you've probably faced quite a few challenges through the years, as the cost of living, housing market and employment rate (among...
Ohio residents who are struggling to pay down debt are not alone. According to data published by WalletHub, credit card debts for consumers in the United States are nearing their pre-2008 levels. As interest rates continue to rise, more and more people are turning...
Many individuals experience financial challenges at some point in their lives, and the financial weight of debt can be a heavy burden. If you are facing similar circumstances, you could be suffering from a situation in which there appears to be no end in sight. While...
Many Oklahoma residents choose to file bankruptcy as a solution to their debt problems. Equifax, a major credit reporting company, has traditionally treated Chapter 13 bankruptcy filers differently than the other two major credit reporting companies by displaying the...
