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January 2014 Archives

Declaring bankruptcy can provide a much-needed second chance

Certain things in life are uncontrollable. In 2008, a number of financially successful people found this out the hard way. Businesses that were doing well were suddenly in jeopardy as the economy went into recession.

Former Texas quarterback declares bankruptcy, cites loan fraud

Financial insecurity can take hold in a very quick fashion. Losing a job or investments are both something that thousands of Americans have had to deal with during the economic recession. As debt accumulates from financial hardship, taking action may be a necessity.

Holiday debt: Here comes Santa Claus' credit card bill

Now that the holiday season is over, many people are looking forward to what 2014 has in store. As people settle into their resolutions to visit the gym more often or find a new job, others are dealing with the holiday bills that are showing up. As such, many might be looking forward to debt relief in the new year.

Medical debt can burden insured and working people

Although health care has generated many debates over the last few years, there's one thing everyone can agree on: Costs are rising. At the same time, many people's incomes have not increased enough to offset rising medical costs. The reality is that a persistent health problem or catastrophic medical event can have major financial consequences.

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