credit cards

So you have been sued and are wondering what to do next.  The first thing aside from having a lawyer review the Complaint is to carefully read everything yourself and determine how long you have to file an Answer at the Courthouse to avoid a default judgment.  Most credit card lawsuits end in default judgment [...]

Bankruptcy is rising but filings are falling! Why? Simple answer: People do not have money to file for protection under the Bankruptcy Code.

Bankruptcy has had a bad reputation over the decades for some good and some bad reasons. The good reasons f

How bankruptcies affect cosigners When filing for bankruptcy, it’s important to understand the consequences. Although most of the consequences will fall squarely on you, a bankruptcy could have negative ramifications on your cosigners. Even though it’s always crucial to do what’s financially beneficial, it’s also vital to understand how it will affect your cosigners. Here [...]

I wouldn’t worry so much about the credit score.  The credit score, to me, is not as important as getting out of debt.  I’ve had many people who’ve come to me, they sit in front of my office, and they said, “You know what?  I’ve got A-1 credit.  My number is such-and-such.  I’m hesitant to [...]