Before filing for bankruptcy or after, many consumers are looking for advice on how to handle their personal finances. A bankruptcy can last on your credit report for several years, but it’s worth pursuing bankruptcy protection for those who feel like their debt has gotten out of control but they want to keep their property. For others, maybe you just need a little bit of help learning how to budget better. Whether it’s about rebuilding your credit, opening a new line of credit without digging deeper into debt, or getting a mortgage after bankruptcy, we want to make National Bankruptcy Forum your first stop for personal finance information. Your next step would be consulting with a qualified bankruptcy attorney or a financial advisor. Good luck!
Financial Planning for Beginners: What You Need to Know
Earlier this year, household debt balances in America rose to $12.73 trillion, the highest in our history. In fact, 73% of us die in debt. With this much debt, it’s hard for many people to reach long-term goals such as retirement savings, or shorter-term goals such as paying for a wedding. Many of us just wing…Read more
5 Tips for Spending — and Saving — During the Holidays
Every holiday season, millions of Americans head to the nearest shopping outlet, online or off, to spend hundreds of dollars on gifts for their friends and family. Nearly 3 in 4 Americans shop every Thanksgiving weekend, according to an annual survey by the National Retail Federation (NRF), to score deals on Thanksgiving Day, Black Friday,…Read more
Planning for Retirement: What Women Should Consider
Retirement is a luxury that requires some planning, and yet, only one-third of women think they are well prepared for retirement — and often they are not as well prepared as men. Let’s examine some of the reasons why women fail to prepare for retirement and look at what you can do to get ready…Read more
10 Statistics about US Medical Debt that Will Shock You
Medical debt is a big problem in the United States. For years, it’s been the No. 1 reason people file for bankruptcy — even though the more common assumption is that those struggling financially have been overspending in other areas of their life. Luckily, bankruptcy can be a helpful solution for a lot of people. It’s…Read more
Debt Collectors in the US You Need to Know
The debt collection industry is big — estimated to be a $12 billion industry in fact, and growing. There are literally thousands of debt collectors in the form of collection companies, law firms, and yes, even debt buyers. How does it all work? The origin of debt collectors had humble beginnings. They were often in-house departments of…Read more
Why is Rosland Capital Telling Everyone to Buy Gold?
Rosland Capital advertises heavily on television, encouraging people to purchase gold and silver coins as well as gold and silver ingots. With the current turmoil in the stock markets, this may sound tempting. The question that is often asked is whether it is a good idea to purchase precious metals, either as an investment, as…Read more