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July 2015 Archives

Don't let these myths stop you from filing for bankruptcy

In our last two blog posts, we discussed some points related to credit cards and your options for dealing with overwhelming credit card debts. We briefly mentioned how some people might opt to file for bankruptcy to control credit card debt and get a fresh financial start. Some people might balk at the idea of filing for bankruptcy because they don't fully understand some of the finer points of bankruptcy.

3 options for handling mounting credit card debt

For people who have credit card debts that are past due, letters and phone calls demanding payment often abound. These demands can put undue pressure on the person who owes the money. They understand that they owe the money and most want to pay. However, there are sometimes instances in which payment isn't possible. In those cases, exploring options for getting the debt taken care of might be necessary.

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