Category Archives: bankruptcy

I’m Done With My Debt!

By , Posted on Jul 22, 2011
credit cards bankruptcy

In 2006, Roger Simpson was drowning in debt. He owed thousands of dollars to credit card companies with no visible way out. Then, one fateful day, he was at a community event and happened to stop by the outreach booth. He found the counselors to be friendly and helpful, and after the event, he...

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Top 5 Reasons Why People Go Bankrupt

By , Posted on Mar 24, 2010

The bankruptcy statistics in America are alarming. The past few decades have seen a dramatic rise in the number of people that are unable to pay off their debts, and Congress has recently addressed the issue with legislation that makes it harder to qualify for this status. Following is a list of the most common...

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Four Important Steps on Good Debt Management

By , Posted on Dec 01, 2009 bankruptcy

Before you declare bankruptcy because you are stuck deep with several debts, think hard about such decision. There are good debt management techniques that you can opt to do to help you ease your way through your debts. The process is not easy. Financial problems are never easy. This is especially true if you owe...

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Utilizing Your Debt Management Program Wisely

By , Posted on Aug 14, 2009
Debt. credit card bankruptcy

Many people turn to debt management agencies as a way of restructuring their debt. The goal of rearranging debt is to eventually pay off the amount owed and prevent the necessity of filing for bankruptcy. However, not everyone makes the most of debt management. This can lead to situations where more debt is accumulated and...

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