Articles Posted in Debt Relief

A major factor to consider when filing bankruptcy is timing. Even after a Sacramento-area consumer has decided that she will definitely file bankruptcy, in many cases the timing can be crucial. Often, a debtor has little choice but to file as soon as possible. Swift action may be necessary to ward off a repossession, eviction,…

One of the most common reasons people file bankruptcy is to get a fresh start on their finances. The problem is that there are some very serious consumer reporting failures in recent years that prevent debtors from gaining the full benefits of a discharge. Creditors often fail to report an updated status for discharged accounts…

There are many reasons that folks in the Sacramento area file for bankruptcy protection. From divorce to medical expenses, tough (but common) life events are often the primary cause of bankruptcy. It is important to realize that these problems happen to many, many people. While feelings of shame are valid and come from a place…

It’s tax season. Many folks in the Sacramento area have already filed their tax returns, but there are still a lot of people who will be filing their taxes over the next 10 days. One question that often comes up in the context of bankruptcy is whether all that discharged debt is taxable as “gross…

Collection companies for credit cards and pay-day loans may not put debtors in jail for simply failing behind on their payments. Yet ruthless debt collectors sometimes threaten debtors during phone calls to scare them into paying off the debt early. The best move for consumers when being harassed like this is to seek the advice…

One of the most common reasons people file bankruptcy is to get a “fresh start.” But for many folks, that fresh start is hard to come by because of credit report errors. Creditors often fail to report an updated status for discharged accounts or continue to report their pre-discharge status and balance. Such creditor conduct…

It might surprise you to hear that 77 million Americans who have a credit file have current delinquent debt. That means that 35% of us have an unpaid bill that is at least 30 days late and has been sent to a collection agency. Not the Whole Story These numbers might not even tell the…

Most people face financial difficulty at certain times in their lives. But for some people, the amount of stress caused by substantial debts can be completely overwhelming. If you have reached the point in your finances that you are in way over your head and can’t find a way out, you may want to consider…

Are you considering filing for bankruptcy? Bankruptcy is one of the best ways to get your life back on track and can be a solution to many of your financial troubles. From credit card debt to tax debt, bankruptcy can help you get rid of your stress and help you put your life in order.…

If you are facing serious credit card debt problems, filing for bankruptcy may offer a powerful solution. Carrying a balance on a credit card is usually not a problem; it is when you have too much credit card debt and you can only afford to make the minimum payments that the difficulties start. Credit cards…