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September 2013 Archives

Americans charging less and avoiding credit cards with fees

Consumers in Wisconsin and elsewhere appear to be taking better control of their debt thanks to their own actions and through mandatory relief prescribed by federal agencies. Analysis of consumer spending shows that Americans continue to charge fewer purchases, indicating an effort to eliminate credit card debt. Consumers remain cautious, due in part to slow but steady job growth and wage increases. In addition, the presence of little or no fees along with judgments against some companies for charging unfair fees bodes well for those looking to get out of financial trouble.

Penthouse publisher files for bankruptcy

Wisconsin business owners may be interested in learning that the company that owns Penthouse magazine as well as several adult and dating websites has recently filed for Chapter 11 bankruptcy. Moving towards debt relief was something that FriendFinder Networks Inc. found necessary in light of its struggle in trying to compete with free online options offering the same types of entertainment. In a statement, the company indicated that filing for bankruptcy was the most complete and cost effective way for it to continue doing business.

Study shows large amounts of new debt in second quarter of 2013

A new study shows some alarming statistics related to consumer credit card debt. Wisconsin residents may be surprised by the numbers, but they can find help in some tips that accompanied the study.

Debt collectors in Wisconsin engaging in shady practices

Residents of Wisconsin are being warned that some debt collectors are going over the line in their collection tactics and may even be breaking the law in some cases. While personal bankruptcy is an option for those who are struggling with debt, many individuals will attempt to work with creditors first to pay off their debts. However, if creditors are not following the law, people may end up being harassed or feeling forced to pay a debt they do not owe.

Contact Our Milwaukee Law Firm

Reach Miller & Miller Law, LLC, online or call us at 414-326-9231 to schedule a free initial consultation. Our law office also provides Spanish language services. Se habla español.

To schedule an initial consultation, call 414-326-9231 or contact Miller & Miller today.

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