The United States recorded a significant rise in consumer debt averaging from $11 trillion to about $14 trillion for ten years. The last decade registered close to 2 percent in debt rise, and the situation worsened when the COVID-19 pandemic struck as consumer debt shot to about 6 percent. To manage such rising debt levels,… Continue reading How A Lawyer Can Help You Manage Your Debt
Tag: debt
When Should You Start to Seriously Consider Filing For Bankruptcy?
While bankruptcy sounds like a bad word, for many, it can provide a new financial start when used properly. It may hurt your credit at first, but in the long run, it gives you the chance to increase it by eliminating the debt. However, how do you know when it’s time to file for bankruptcy?… Continue reading When Should You Start to Seriously Consider Filing For Bankruptcy?