No one wants to be trapped in an endless cycle of juggling overdue credit accounts and dodging calls from creditors. The desire to restore financial stability can make people susceptible to solicitation from fraudulent debt relief companies promising miracles. Instead...
Month: February 2013
Major Wisconsin city may suffer from damaging foreclosure cycle
For Wisconsin homeowners, any sudden financial challenges may upset the sensitive balance of debt and income, pushing their properties closer to foreclosure. Despite the availability of debt relief options, fear of losing financial control may prevent individuals from...
Merchant owes bank $2 million
Financial challenges such as poor investments may result in a bankruptcy, such as a Chapter 7 bankruptcy or a Chapter 13 bankruptcy. These methods of debt relief may require debtors to surrender their personal assets, although a range of bankruptcy exemptions are...
Casey Anthony files for Chapter 7 bankruptcy
Debts can come in many forms, including the legal debt that is incurred by a defendant facing a major criminal charge. It is sometimes the case that a defendant is exonerated by the criminal courts, only to still owe thousands in court costs and attorney fees. This...