The Federal Reserve Bank of New York released its quarterly report indicating there was a 13.9 percent increase in the number of debt collection accounts in the fourth quarter of 2013. The average balance of accounts currently in collections rose to $1,520 from $1,458, the highest level in a decade. Both the average balance and […]
Star of Television’s Real Housewives of New Jersey, Teresa Giudice, has made her niche in reality shows like Donald Trump’s Celebrity Apprentice. Having dodged some of the criticism and controversy shared by her cast mates, Giudice’s luck has run out and is now the center of a trial over allegations of bankruptcy fraud. Living Lavishly, […]
Being behind on your debt payments can be tricky, especially when debt collectors get involved. While you may be tempted to hang up and ignore the call, there actually is good reason to answer: finding out who claims you owe them money. Once you have asked about the source of the debt, be sure to […]
The one thing the majority of us have is debt; and most of that majority have an inadequate savings account. While not all debt is bad debt, financial hardship can strike the best of us at any time. Whether you are just floating along as usual, have recently wiped out debts in Ohio bankruptcy, or […]
Whether you opt out of the so-called Hallmark holiday of Valentine’s Day or you plan to embrace the day for a celebration of your significant other, there are some smarter money strategies to be had this day and every day of the year. This year, make the commitment to not date debt! Don’t use that […]
Taxes are complicated enough, but add in a bankruptcy filing and your head is likely to be spinning. Cincinnati bankruptcy lawyer Rick West answers some of your questions about taxes in this short video.
The price of a good education has gone up, and up, and up. For years the cost of college tuition has risen above the average American’s ability to finance their education. With a boom in lending over recent years comes not just with more graduates than once possible, but with a large debt balance following […]
The bankruptcy process is a valuable tool that is designed to help people get out from under their debts and back in control. While it is a process that carries many benefits over other debt relief strategies, it isn’t for everyone. Anyone seeking debt relief solutions should remember that filing for bankruptcy is a decision […]