Tax season is upon us. And for those who are expecting to receive a refund (or any chunk of money – like an inheritance or bonus, regardless of the season), figuring out whether to use that money to build up a savings account versus pay down (or off) debt can be tricky – especially if they want to take the most advantage of this extra money.
What Is the Means Test for Bankruptcy?
When people struggling with debt decide to pursue bankruptcy in Colorado for a financial fresh start, one of the things they will need to do before they can officially file their petition with the court is to take the means test.
Don’t Buy in To These 4 Myths
Buying in to some common myths about credit and debt can be seriously costly. To help you avoid being misguided into the traps associated with these myths, below, we have debunked some common and costly misconceptions about debt and credit.
4 Essential Facts to Know for the FTC’s National Consumer Protection Week
From March 6th through 12th, officials with the Federal Trade Commission (FTC) are sponsoring National Consumer Protection Week (NCPW), a period focused on encouraging “consumers nationwide to take full advantage of their consumer rights and make better-informed decisions.”
Can I Get Rid of Student Loan Debt via Colorado Bankruptcy?
No, bankruptcy will not eliminate student loan debt. However, you can get rid of a lot of other types of debt via Colorado bankruptcy, and that may free up funds to pay down or to pay off your student loans.
Why You Shouldn’t Ignore Debt Problems
Managing debt is a part of many people’s lives. When that debt gets out of control and starts to become unmanageable, it may be enticing to try to ignore the issue, blindly hoping it will go away or resolve itself. The fact is, however, that debt does not just disappear.
4 Powerful Tips for Rebuilding Credit after Bankruptcy
Colorado bankruptcy can be the first step towards resolving serious debt issues. After the bankruptcy process, however, there are additional steps that people may need to take in order to get their finances back on track and to avoid falling back into substantial debt again.
How to Choose the Right Bankruptcy Lawyer for Your Debt Relief Needs
When dealing with serious debt, having the help of an experienced professional – like a seasoned Colorado bankruptcy attorney – can make a big difference in how your debt issues are resolved – and what you financial outlook may be for the coming years.
What Creditors Can – and Cannot – Repossess
Repossessing assets is one method creditors and debt collectors may use to try to compel borrowers to repay their debt – or to try to recoup on defaulted debt when repayment seems unlikely.
5 Effective Tips for Paying Down Holiday Debt
Is holiday debt catching up with you in 2016? Are you facing credit card bills that are way heftier than you expected? If so – and if you are ready to start aggressively paying down this debt, here are some of the effective things you can do.