Struggling with considerable debt can be stressful for numerous reasons. One of the most stressful parts about it is being pursued by debt collectors. Collection agencies are entitled to pursue a debt within the confines of the law. Unfortunately, there are occasions...
Month: June 2023
Are you personally liable for your business’s debt?
If your business has been going through a tough time, you’ll know how quickly the debts can pile up. No matter how hard you try sometimes you simply can’t make ends meet. The problem is, if your business isn’t making any money then chances are neither are you. So what...
3 common reasons why people file for Chapter 7 bankruptcy
In today's uncertain economic climate, many individuals and businesses face financial challenges that can lead to overwhelming debt. When all other options have been exhausted, one option that individuals may consider is filing for Chapter 7 bankruptcy. Chapter 7...
How credit card debt can spiral out of control
There are many misconceptions concerning the topic of financial hardship, and one of the most common relates to reckless spending and credit card debt. While it is true that overspending can result in credit card debt, this isn’t always – or even commonly – the reason...