If you decide to file for bankruptcy due to your debts being more than you can manage, then you may find yourself a little afraid of what comes next. The court will begin to go through your assets except those you have an exemption for and use them to pay back your...
Tips on how to avoid student loan debt in college
Kentucky college students often want to avoid student loan debt if possible. While tuition costs rise and many graduates stagger under the weight of overwhelming debt, some can avoid a lot of debt by starting early and preparing a college fund. Many find that the...
Are there actual benefits to filing for bankruptcy?
Many Kentucky residents struggle under the staggering weight of overwhelming debt. Debt can come from many sources, particularly if you have had an unexpected life event that sets you back. Medical debt, loss of income and student loans are all things that make it...
Simple ways to avoid excessive credit card debt
In Kentucky, many consumers turn to credit card debt to pay for things they may not have the cash to afford. While some credit card purchases are strategic to get points or cash back, others are simply poor decisions that can lead to bankruptcy, excessive debt and...
How to rebuild your credit after bankruptcy
Filing for bankruptcy can give you budgetary breathing room by discharging your eligible debts or reorganizing them into an affordable repayment plan. However, bankruptcy also has a negative effect on your credit score that lasts for seven to 10 years. Fortunately,...