At this time of the year, parents are busy preparing and finalizing plans for the upcoming school year, making trips to discount stores for supplies, shopping malls for clothes and grocery stores for lunches. Interestingly enough, a recently released study by researchers at the University of Washington reveals that many of these parents might also…
Last week, we started discussing how an unforeseen event: divorce, loss of a job, debilitating injury, serious illness, etc. can wreak financial havoc on even the most financially prudent individuals.Some circumstances can rapidly drain bank accounts and push anyone towards the brink of insolvency. We also explained how those who find themselves in this situation…
Chapter 7 bankruptcy is sometimes called “liquidation bankruptcy.” Many people take this to mean that the person who files bankruptcy will lose everything they own. This is not the case. In fact, Chapter 7 Bankruptcy can help you make sure you don’t lose everything you own. That’s why there are Florida Bankruptcy Laws that are…
While most people understandably believe their finances are secure enough to weather any problems that life may throw their way, this doesn’t always prove to be the case. Indeed, anything from the sudden loss of a job or a divorce filing to the onset of a serious injury or illness can rapidly drain bank accounts,…
Excessive credit card debt can lead to financial stress and harassing calls from collection agencies. Many of these collection agencies provide misleading information that may lead consumers to believe that filing bankruptcy is no longer an option for getting rid of credit card debt. In reality, bankruptcy is still the best way to get rid…
