Starting Over by Declaring Personal Bankruptcy

Starting Over by Declaring Personal Bankruptcy 1

The recent recession hit many people hard. But it’s not only recession related issues, such as job loss, that can cause financial problems. A big medical emergency or accident can deplete your finances — even when you have health insurance. Divorce can also result in financial devastation. And, of course, sometimes we make huge money … Read more

How to Avoid a Personal Debt Crisis

In the previous article, I discussed how to overcome a personal debt crisis. In this article, I want to discuss how to avoid it in the first place (or prevent it from reoccurring). The best way to overcome a personal debt crisis is to never have one. With some forethought, discipline, and planning you can … Read more

How to Overcome a Personal Debt Crisis

You’ve hit a brick wall. You have run out of money and have no available credit. Everything is maxed out. You have no easy way to increase your income, and there are still bills due this month. The cable has been disconnected, and the power is next. You’re out of money and you’ve got bills … Read more