Filing for Chapter 13 can do a lot to alleviate your debt situation. A bankruptcy judge can stop creditors from harassing you. And by going through Chapter 13, you do not have to worry about liquidating your assets. Instead, you will compose a plan to repay your...
Month: January 2021
The role of a trustee during bankruptcy
Regardless of the type of personal bankruptcy case you are filing, you are likely going to have a trustee involved. If this is your first time filing for bankruptcy, you may have questions about what the role of a trustee is, and what exactly he or she does. Because...
Do you know your credit utilization ratio?
While credit cards offer an easy way to pay for large purchases, too much credit card debt may keep you awake at night. If you regularly reach for your credit cards, you are far from alone. In fact, nearly 120 million adults in the U.S. have revolving balances on...
What is the snowball method?
Credit card debt is something that millions of Americans struggle to deal with every year. Fortunately, there are strategies that can help prevent credit card debt from becoming overwhelming. How does the snowball method work? The snowball method is a strategy that...
Are you experiencing debt collector harassment?
Dealing with debt is a difficult task. The last thing you need on top of it is creditor harassment. Unfortunately, millions of Americans experience a form of debt collector harassment. At times, you may struggle to tell if you face an act of harassment or not. You...