Credit Card Debt (32)
The Huggins Law Firm | Columbia SC Bankruptcy Law Blog
by
3y ago
..read more
Visit website
Credit Card Debt (2)
The Huggins Law Firm | Columbia SC Bankruptcy Law Blog
by
3y ago
..read more
Visit website
Credit card debt steadily rising
The Huggins Law Firm | Columbia SC Bankruptcy Law Blog
by
3y ago
Three out of every eight households in the country have credit card debt, with a mean of $5,700 being owed. The greater the income of a household, the larger the credit card debt is likely to be. However, the exception to this is that households with zero or negative worth carry, on average, the highest amount of debt ..read more
Visit website
Rapper goes back to bankruptcy court
The Huggins Law Firm | Columbia SC Bankruptcy Law Blog
by
3y ago
In addition to the woman, 50 Cent also owes a mortgage lender and a business partner money. Attorneys for the rapper say that the pictures in questions cannot be used against him. They further added that Jackson is an entertainer who is trying to promote a brand and is not intentionally hiding assets from creditors. Despite making a statement, 50 Cent's attorneys did not respond specifically to the judge's ruling ..read more
Visit website
Tips for paying off credit card debt
The Huggins Law Firm | Columbia SC Bankruptcy Law Blog
by
3y ago
Even if the refund is not enough to pay off the total credit card debt, people can still use it to pay off part of the balance. A good strategy is to pay toward the card that has the highest interest rate. It might also be possible to move all debts to one card with the lowest interest rate ..read more
Visit website
Learning more about debt settlement
The Huggins Law Firm | Columbia SC Bankruptcy Law Blog
by
3y ago
Absent this, a creditor may believe that a debtor has the means to repay the debt and will ask for full payment of an outstanding balance. However, for those who think that a debt settlement is in their best interest, they have three options to go about getting one. Two common options include working with a debt settlement company or talking directly to creditors in an effort to work out alternate payment terms ..read more
Visit website
How medical debt impacts finances
The Huggins Law Firm | Columbia SC Bankruptcy Law Blog
by
3y ago
In addition to running out of savings, those who are unable to pay the bills may be forced to declare bankruptcy. This could have a significant impact on their credit scores, which may make it hard to buy a home or get other types of financing. Those who have been hit by large medical debts have also had to significantly alter their lifestyle to cope ..read more
Visit website
Issue converting to a Chapter 7 bankruptcy
The Huggins Law Firm | Columbia SC Bankruptcy Law Blog
by
3y ago
The man said that because he received the earnings after his original filing, they did not count as part of the estate. After the bankruptcy court sided with the creditor, the man filed an appeal but the decision was affirmed. However, at least one law professor says the district court was wrong to uphold the ruling of the bankruptcy court ..read more
Visit website
Debt relief for students of fraudulent for-profit colleges
The Huggins Law Firm | Columbia SC Bankruptcy Law Blog
by
3y ago
A report from the Department of Education reveals that only 8,800 former students of the for-profit educator have seen their loans discharged. Corinthian Colleges had more than 70,000 students enrolled when it cancelled all classes in 2014 and as many as 350,000 in 2010. These numbers place a great burden on the DOE, and student advocates are calling for student debt relief rules to be relaxed. Students are currently required to apply for relief individually and complete copious amounts of paperwork ..read more
Visit website
Commercial bankruptcies soar as personal filings fall
The Huggins Law Firm | Columbia SC Bankruptcy Law Blog
by
3y ago
According to an ABI news release, 9,208 businesses filed for bankruptcy between January and March 2016. There were 7,438 commercial filings during the first quarter of 2015. Experts say that this surge reflects instability in the energy and retail sectors. The data also reveals a sharp increase in the number of individuals filing for Chapter 11 bankruptcy ..read more
Visit website

Follow The Huggins Law Firm | Columbia SC Bankruptcy Law Blog on FeedSpot

Continue with Google
Continue with Apple
OR