Even though the housing and job markets have recovered fairly well over the last several years, there are those in Wisconsin who are struggling to keep up with their mortgage payments. Are you one of the many Wisconsinites in need of some mortgage relief? If so, don't trust your financial future to just anyone.
One minute you're fairly satisfied with the way things are going in your financial life. The next thing you know, a few incidents occur that you leave you struggling to make ends meet. That's not enough to make you panic, however, but before you know it, everything seems to be spiraling out of control, and you know you need to do something before the situation gets completely out of hand.
Are you one of the numerous Wisconsin residents struggling to make ends-meet? Like many people, you might live paycheck-to-paycheck. Sometimes the money runs out before another paycheck arrives in your bank account. Many people in this situation turn to payday loans as the answer. Have you fallen into this trap?
Worried about your credit? New changes in credit reporting could improve your score. The big three credit reporting companies, Equifax, TransUnion and Experience just announced that they may remove reports about tax liens and civil judgments if data in them is missing specific information.
Debt does not discriminate. Whether your income is $25,000 or $125,000, you may still find yourself struggling to make ends meet. People whose income exceeds $100,000 often worry that they will not be eligible to file for bankruptcy. The good news is there are options. Understanding how bankruptcy works and what alternatives are available is the first step.
It's a new year. What are you going to change? What are excited about? How about getting your financial house in order? If you have been wrestling with debt, now is the perfect time to take care of it. Find out why.
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.
If you are considering bankruptcy but are worried it may be hard to regain your financial footing, relax. For many people bankruptcy is the only way to free themselves from debt and move on to a less stressful financial future.
Wisconsin residents who follow business news may be interested to learn that Advantage Rent A Car is headed for Chapter 11 bankruptcy. At issue is the value of cars that have been purchased from Hertz as part of Advantage's sale to Franchise Services of North America and Macquarie Capital. It is this part of the deal that has Advantage struggling with debt.
Golf enthusiasts in Wisconsin may be interested to here that on Nov. 4, the private equity firm that is the owner of the Edwin Watts Golf Shops, Sun Capital Partners, submitted a filing for Chapter 11 bankruptcy protection. According to a news release, the Edwin Watts president stated that a year of bad weather and a stagnant golf industry as a whole were at fault for the failure of the company, which was founded in 1968.