Q: What is bankruptcy? A: Consumer bankruptcy allows people to either eliminate or ‘wipe out’ most of their debt; or, in some circumstances, to repay their creditors under a court supervised repayment plan. The eventual goal of any type of bankruptcy filing is almost always to obtain a “discharge” f ...
US banks stand to collect a record $38.5bn in fees for customer overdrafts this year, with the bulk of the revenue coming from the most financially stretched consumers amid the deepest recession since the 1930s…The fees are nearly double those reported in 2000… The Federal Reserve is working on rule ...
One of the greatest culprits for serious debt problems are credit cards. Obviously it is our bad use or management of credit cards that causes the debt problems, you can’t blame a gun for what its owner does with it. Nevertheless some guns are more trigger sensitive than others, and it’s not the sam ...
POST: My 21 year old son wants to buy a home theater system using a Visa card and he has no intention of paying it back. He’s says that it’s OK because Debt Relief companies that advertise on shows like Hannity and Rush will fix it for you. It seems to me that someone has to pay for it in the end, b ...
Before Dr. Conrad Murray landed the job making $150,000 a month as Michael Jackson’s personal physician, he was facing a huge amount of dept as a result of judgments against him. The discovery of Murray’s finical situation could prove motive if any charges are brought against him, explaining why he ...
On Earth in General and on Planet College much of the basic assumptions have changed. One area in particular has changed and affected life everywhere. That is finance. Finance is money or credit. Finance. Previously it had been fairly easy for a college student to get a credit card. Not so any more. ...
