One of our themes in this blog is that it is very possible for most people to rebuild credit after bankruptcy.
In the first part of this post, we explained how a relatively new federal agency has been tasked with the responsibility for identifying and implementing changes to a well-established debt-collection law.
Many Americans have heard of Fair Debt Collection Practices Act (FDCPA). This important federal law regulating debt collection has been around since the Carter administration.
One of the misconceptions about bankruptcy is that it will unduly damage your credit score.
In the first part of this post, we began discussing the ongoing challenge of medical debt.
For years, unmanageable medical bills have been one of biggest reasons people file for bankruptcy.
Overall levels of consumer debt are unavoidably related to bankruptcy filings.
The signs of the strengthening economy are visible all around Wisconsin. One of those signs is showing up in an unexpected place. The Wisconsin Council on Problem Gambling, which is funded by donor funding and public awareness grants from the state, is reporting that there were just over 500 fewer calls placed to the Helpline in 2013 than the number in 2012.
One of the most important thing for people who have credit cards can do is to check their statements to ensure they are only paying for charges they made. Fraudulent charges on a credit card statement can make it difficult to pay off credit card debt. A recent credit card scam involves a very small charge that some people might not even realize has been made on the credit card. Wisconsin residents should make sure to check their statements for a charge of less than $10.