Bankruptcy or Consolidation?

Bankruptcy or Consolidation?

Debt consolidation and bankruptcy are two of the most common tools individuals use to get out of unmanageable debt and start redeveloping their finances. While both debt consolidation and bankruptcy can help during financial distress, they serve unique purposes, and it is important to understand the difference to make an informed decision about what works  … Read more

  Filed under: Debt


Finance Tips: What’s In Your Wallet?

Finance Tips: What’s In Your Wallet?

When it comes to finance, we could all do a better job managing our money. From spending outside of our budget, to borrowing too much and not repaying enough we all have financial habits that could be improved if we want to have a solid financial future. So, that leaves a few important questions. How  … Read more

  Filed under: Money Management


Avoid Holiday Debt: Start Saving

Avoid Holiday Debt: Start Saving

You might be wondering why on earth anyone is talking about Christmas already. Well, considering there is only 92 days left until Christmas you don’t have a lot of time to start saving. So, get to it! Here is how to bump  up your holiday savings and keep yourself out of more credit card debt  … Read more

  Filed under: Money Management


Bankruptcy Can Get You Out of Debt

Bankruptcy Can Get You Out of Debt

Debt can be a crippling burden. It seems to grow slowly and inexorably, and then suddenly it has grown too large to be dealt with. Debt collectors become a constant presence, unceasingly asking for and taking the money that the debtor can’t afford to pay. In these cases, when it seems that the debt will  … Read more

  Filed under: Filing bankruptcy


Student Loan Debt Frustrating Would-Be Houston Homeowners

Student Loan Debt Frustrating Would-Be Houston Homeowners

Student loan debt has been in the news recently for several reasons. First, when the national student loan debt surpassed $1 trillion, the country stood aghast at how ridiculous the cost of education had become. When President Obama announced his support of student loan reform and the student loan forgiveness program, the country was divided  … Read more

  Filed under: Mortgage


Make Debt Manageable with Chapter 13 Bankruptcy

Make Debt Manageable with Chapter 13 Bankruptcy

When debt becomes unmanageable, many debtors file for bankruptcy. While this is often seen as a desperate last resort, filing for bankruptcy can be a very wise financial decision, and in truth does not deserve the stigma that has become attached to it. In addition, there are two forms of bankruptcy – only one of  … Read more

  Filed under: Chapter 13


Tips for Improving Your Credit Score

Tips for Improving Your Credit Score

When a person takes out a loan or attempts to establish a line of credit, he or she needs to have a good credit score. Your credit score, which is determined by factors like payment history, amount owed, and the length of your credit history, is one of the determining factors in how lenders will  … Read more

  Filed under: Credit


Questions About Your Credit Report

Questions About Your Credit Report

For most people, the thought of checking their credit report is the farthest thing from their mind. Whether you are ignoring your report because of debt problems or you simply don’t think there is a problem, failing to properly monitor your credit report can be a costly mistake. Getting to know your credit report and  … Read more

  Filed under: Credit


The Real Costs Of Medical Debt

The Real Costs Of Medical Debt

For the last few years, numerous studies have linked the relationship between medical debt and bankruptcy filings. Just a few short years ago, 62% of personal Texas bankruptcy filings were caused by undue hardship brought on by medical bills. Further, 78% of those who filed for a medical debt discharge actually had health insurance. So  … Read more

  Filed under: Debt