This is the second entry in a two-part blog series on family debt categories. Part 1 discussed becoming a loan guarantor in general, as well as becoming a guarantor for a spouse’s business loans. Here are three other primary categories of family debt

One of the most heartbreaking aspects of debt we see is the breakup of family relationships when a guarantor is called upon to pay a family debt. T

If you have severe debt problems, filing for bankruptcy may be an option. However, it is a decision that should not be taken lightly. Consider some of the following pros and cons of filing for bankruptcy:

People with poor or bad credit can have a hard time obtaining credit at a competitive or low rate. Lenders do not want to take the risk of offering loans they might not get paid for.

The holidays are fast approaching. You are being bombarded by ads left and right. You need gifts for your significant other, kids, and family members.

When your financial situation gets too complicated for you to resolve on your own, you may be considering various debt relief solutions.

Borrowing money is something almost all of us must do at one time or another. Just because you’re borrowing money, doesn’t mean you shouldn’t be smart about it.

Will 2015 be the year you break the cycle of debt? If you’re tired of relying on credit and looking to secure a more comfortable financial future for yourself, read our seven step process to help you budget accurately and reduce your debt.

I have a vehicle, year 2000 value is about $8500.00, with no debt on it. What would happen to this given the vehicle exception is $5000.00? Thank you,

First, congratulate yourself! You took the difficult first step of filing for bankruptcy and have earned yourself a fresh start.