Reasons for filing (or not filing) bankruptcy
Filing bankruptcy can be an effective way to plan for a prosperous, worry-free retirement. Many people have little savings in their retirement plan, or have debts that they can never realistically repay.
Let’s say you have a total credit card debt of $20,000 at an interest rate of 16%. The minimum payment of this debt is [...]
Debt consolidation
Debt consolidation is the process of taking out one loan to pay off another. This is usually done by taking out a secured loan against an asset which serves as collateral to the lender. The lender then has less risk and they are able to give you a bigger loan with a lower interest rate, [...]