Dealing with creditors and creditor harassment
Most people struggling with debt agree that fielding the many collection communications is one of the most distressing aspects of their debt. In truth, constant phone calls, emails and letters can actually shift the debtor’s focus away from paying their bills. Instead, as the calls and letters get more and more hostile, most debtors simply […]
When is filing for bankruptcy a bad idea?
Just as with other important decisions in your life, bankruptcy should never be entered into lightly. If you think of bankruptcy as a quick fix or as a way to simply wipe out your debts without trying to pay them, this solution may not be for you. In truth, it is always a good idea […]
Tackling your debts 1 payment at a time
Debts can be emotionally draining and often lead to a vicious cycle of borrowing and unaffordable interest rates. You may have got to a point where you feel as though taking out one more credit card will only be a drop in the ocean when it comes to the debt that you have already accumulated. […]
Financial columnist urges caution about debt settlement
It is not a surprise to learn that debt relief is on the minds of many Wisconsin residents. Overwhelming debt remains a nationwide problem and most people would grasp at anything that seems like a solution. Debt settlement companies offer plans and programs that seem foolproof, but one financial columnist with NerdWallet cautions people to […]
A lawyer’s role when searching for debt relief
If you are struggling with overwhelming debt, we want to assure you that you are not alone. Many of our neighbors in Appleton and other areas of Wisconsin are in the same boat. One thing you and these people probably share is a desire to find debt relief and start a new chapter in your […]
Debt mistakes people make and then instantly regret
Have you ever made a mistake, known instantly that you did and felt that gut-wrenching frustration that goes along with it? When you do that with your debt, it can really be problematic, and you must know what mistakes to avoid. For example, many people pay their bills, but they just don’t do it on […]
MC Sports liquidating stores after declaring bankruptcy
MC Sports, a retail store selling sporting goods, apparel, firearms and other such items, has declared bankruptcy. The company is using Chapter 11 bankruptcy, and reports indicate that part of the process will include liquidating stores. The parent company that runs MC Sports is Michigan Sporting Goods Distributors. However, it has spread out over the […]
Young professionals and medical debt: Negotiate a better deal
As a young professional, you have a lot on your plate in regards to your finances. Not only are you in the process of getting your career off the ground, but you may be faced with mounting debt. For example, student loans have a way of biting into your monthly income. The same holds true […]
Reasons people get trapped in debt
Even people with good jobs get trapped in debt. One study found that about 33 percent of households with an income of at least $75,000 per year — and often more — still lived from one paycheck to the next. Other studies have found that most Americans — 73 percent — don’t even have $1,000 […]
What are some indicators that you need debt relief?
We all face debt from time to time, and many types of debt — like taking out a mortgage or buying the groceries on a credit card — are an accepted part of everyday life. However, what are some signs that things have gone too far and you need to look into your debt relief […]
