It is easy for a Pennsylvania consumer to be overwhelmed by credit card debt. A few missed payments or an extended period of time just paying minimum payments can ultimately result in a balance that someone may not be able to manage on his or her own. This can lead to...
Year: 2020
Chapter 11 may save your business
When a business begins to struggle financially, it can be an anxious time for an entrepreneur. Many Pennsylvania business owners may take drastic actions like trying to sell their companies or taking out personal loans to cover their business debts. These steps may...
Why baby boomers may want to consider bankruptcy
With the baby boomer generation nearing retirement or already into their post-career life, financial problems can be especially concerning. Unfortunately for many in this demographic, certain struggles can leave them with money-related woes throughout their golden...
Forgiven debt can lead to more financial troubles
Pennsylvania consumers who are facing overwhelming debt may look for relief from various sources, including debt settlement companies. These are organizations that help a consumer reach deals with creditors and debt collection companies. While settlement can offer...
More Americans are struggling with debt and past-due payments
This is a difficult time for many Americans, and many are dealing with serious financial setbacks such as job loss or a reduction in income. As a result, it is difficult for some Pennsylvania families to make payments on basic monthly expenses, such as their home...
Is it worthwhile to negotiate credit card balances down?
Pennsylvania consumers may rely heavily on their credit cards for daily purchases, while others may use their cards for unexpected expenses, such as medical bills. As a result, many find themselves facing credit card balances that are more than they can afford to pay....
Recognizing brain injuries in accident victims
Trauma to the head may be among the most frightening injuries one can suffer. If your loved one was in a motor vehicle accident, it is likely that evidence of head trauma is one of the first things emergency responders looked for. Determining as quickly as possible...
Is Chapter 13 the right financial decision?
Financial struggles happen for many reasons, and often it is because of factors beyond a Pennsylvania consumer’s control. A medical emergency, job loss, pay cut or other unexpected life event can wipe out savings, and eventually, it can become difficult to manage...
Is a personal loan the right way to deal with medical bills?
Health care is expensive, even for those who have health insurance. A health emergency, unexpected injury or unplanned surgery can result in medical bills that can quickly wipe out a Pennsylvania family’s savings. These bills may continue to add up, and some...
Dealing with credit card debt sent to collections
When a Pennsylvania consumer is behind on credit card payments, the company will try and collect payment. It may charge late fees, send letters or call the cardholder in an attempt to get even a minimum payment on the amount owed. After a certain amount of time...