Consolidation is an appealing option for people who have a lot of outstanding student loans. People who received federal student aid may wonder if they can take advantage of consolidation offers to find some savings and simplify repayment. In fact, it is possible to...
Debt Management
Have the holidays left you with more debt than you can handle?
The holidays are often a time where caution is thrown to the wind and money is spent to ensure happy memories. If you are anything like the average American family, you likely spent somewhere between $500-$1,500 on gifts this holiday season. Now that the holidays are...
An introduction to wage garnishment
If you have accumulated a large amount of debt, your creditor may be able to garnish your wages. This can come as a surprise to some, but it is important to understand the process so you can take steps toward managing the situation. Wage Garnishment Wage garnishment...
Looking at bankruptcy alternatives, P.2
Last time, we began looking at several alternatives to bankruptcy, including debt consolidation loans, debt settlement and credit/debt counseling. Another bankruptcy alternative for Wisconsin debtors is commonly known as a Chapter 128 proceeding. In such an action, a...
Looking at bankruptcy alternatives, P.1
A quick search on the Internet yields a great deal of information discussing alternatives to bankruptcy protection. The issue is clearly an important one, because bankruptcy is a big financial step to take, even for those who carry a burdensome debt load.Perhaps you...
Careful consideration required for choosing a debt repayment plan
Debt problems can arise as the result of various circumstances. While some Wisconsin consumers may just have accumulated too much credit card debt, illness, unemployment and other dilemmas can also bring about overwhelming debt. Debt repayment problems may lead to...
Personal debt repayment plan vs. Chapter 13 repayment plan
For many Wisconsin consumers, January is the month when holiday spending on credit cards must be faced. It is also the time when many people commit to proper debt management in the New Year. However, taking charge of overwhelming debt is never easy, and professional...
Successful debt repayment requires assertive action
It is said that almost one-third of consumers nationwide, including in Wisconsin, accumulate debt over the holidays each year. In fact, financial professionals say many people are still paying off credit card debt from the 2013 and 2014 Christmas seasons. January is...
Is debt settlement a wise choice for Wisconsin consumers?
Wisconsin residents have higher than average credit scores compared to residents of other states, which is indicative of their ability to manage to live within their means. Also, on average, a Wisconsin resident's credit card debt is $4327, almost $100 less than the...
An important bankruptcy alternative in Wisconsin
For many people who are facing serious debt problems, bankruptcy is not their only option. For example, there is a law in Wisconsin that allows residents to pay back unsecured debt over a 36-month period of time.Therefore, it may be a good option for people who are in...