Category Archives: Debt Management

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6 Ways To Improve A Low Credit Score

Having a low credit score tags you as a high-risk borrower and can impact so many facets of your life. Just how can it affect you? It is the determining factor in whether or not a lender will actually lend you money, and it raises the interest rate you have to pay if they do…….
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Why Americans Are In So Much Debt

Feeling like your debt is higher than ever? You’re not alone. The Federal Reserve reports on consumer debt each month, and recent stats show that consumer borrowing has reached a new milestone. Americans are diving deeper and deeper into the red as consumer debt just crossed the $4 trillion mark for the first time ever…….
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What Is the Means Test in Bankruptcy?

In 2005, the United States enacted the Bankruptcy Reform Act. Under the new guidelines, the courts are able to make a determination about whether or not you would be able to afford payments under a reorganization of your debt – in accordance with a Chapter 13 filing. One of the largest differences between Chapter 7……
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Avoiding Debt Settlement Scams

As it stands, there are plenty of companies out there that people who are struggling financially can reach out to in order to file for bankruptcy or help get their debt settled. But with these legitimate companies there are also those aiming to take advantage of those seeking debt relief. Heed the following tips to……
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Debt Restructure Rescues Charlotte Russe

While financial struggles often impact individuals, it can also happen on a much larger scale. Businesses and companies often run into financial troubles that could ruin them. Recently, Charlotte Russe, a popular juniors brand company was facing $240 million of debt, which was due to mature come 2019. Fortunately for the San Francisco based company……
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