Bankruptcy

Why is bankruptcy considered the debt relief option of last resort?

The answer to this question is easy enough – for those in debt, choosing bankruptcy holds the most extreme power but also the most extreme consequences. This is one choice that will be felt for a long time. Read More

Do credit card companies try to suck people back in who have gone through bankruptcy by giving them even more credit afterward?

That’s the concern of two researchers with the Federal Reserve, who believe that is the case, and that people coming out of debt become targets for those who profit off of putting other people in debt. Read More

The best ghost stories are typically made by a compelling history. A ghost isn’t that exciting unless there is a macabre reason that they feel the obsessive need to remain. While often these stories are tales of love gone wrong or other natural disasters, sometimes money, debt, and bankruptcy are known to play a role. Read More