The 2010 tax season is over, but one of the largest tax preparation services never rests when it comes to finding a bigger niche in the market. Over 22 million people worldwide use H&R Block’s in-house services each year to prepare their taxes. But with an increase in the demand for do-it-yourself tax preparation software, … Read more
When faced with seemingly endless bills and loads of debt, many people find it hard to develop a plan to regain control over their finances. The best place to start is contacting a credit counseling service to help you evaluate your options for erasing your debt. Credit counseling agencies provide many services that review your … Read more
After filing for bankruptcy, a debtor may receive either a discharge or a dismissal. A bankruptcy discharge means the court has cleared the debtor and the debts owed to the creditors have been satisfied. A bankruptcy dismissal refers to the rejection of the bankruptcy petition, where the debtor is not cleared of their debts and the case … Read more
In this economy, people are lucky to have enough income to pay their bills let alone save any money. The job market is wavering, threatening everyone’s paycheck. People are still spending like they did before the recession and, as a result, debt bills are piling up. Between paying monthly bills and making minimum payments to … Read more
If you ask people what causes them the most stress in life, the majority of people will answer “money”. Not just money itself, but the lack of money to go around for all their bills. Money troubles is one the largest contributors to the divorce rate, and now, it is becoming a big reason people … Read more
Checking your mail each day can often be an unpleasant experience when you are anticipating yet another bill that needs to be paid. If you have visited a hospital recently, your blood pressure may rise when you see that hospital bill arrive in the mailbox. The truth is medical debt is one of the largest … Read more
Credit counseling services are available to help people who are struggling with overwhelming debt. Their mission is to assist the debtor in evaluating their finances and developing a plan to reduce their debts. Not all credit counseling services are honest when serving consumers, and it is important for you to find the most reputable agency … Read more
Student loan debt has become the largest source of debt for young adults under the age of 30. Many students are graduating only to find a tight lid on the job market, making it increasingly difficult to repay their student loans. Student loan debt is one type of debt that cannot be discharged in bankruptcy, … Read more
Driving around neighborhoods reveals “For Sale” signs on what seems like every street. There are plenty of homes that are available for lease, as owners are moving out to rent their home in hopes of making money to cover their high mortgage payments. The local housing market has been struggling for a few years, and … Read more
The bankruptcy process helps people eliminate their debt while protecting their assets from liquidation. It is a tool that can be very useful to anyone who cannot find the means to get out of debt on their own. Bankruptcy laws have afforded individuals an opportunity to get out of a difficult financial situation when facing … Read more