Former NBA player Darius Miles recently sought bankruptcy protection after playing for several seasons and earning millions of dollars, an article of Belleville News-Democrat reported on September 16.The 34-year-old former player of the Los Angeles...
Chapter 7
What people should bear in mind when filing Chapter 7 Bankruptcy?
People who have been struggling with their finances should know that there are legal ways for them to possibly recover from their overwhelming debts. One of the ways individuals may do to possibly have a new start is to file for Chapter 7 Bankruptcy. While this kind...
What should foreclosure victims do to buy another home?
Individuals should know that there are steps they can take to buy a home after completing a foreclosure procedure. Buying a home should be an option families consider because continually renting a home can become expensive and mortgage rates are becoming affordable...
Foreclosure looms for NFL legend Terrell Owens
Former professional football player Terrell Owens is at risk of losing one of his properties to foreclosure after he failed to settle mortgages of over $900,000, an August 6 article of Realty Today reported. According to reports, Owens defaulted $905,417.06...
Ex-Timberwolves player forced to seek bankruptcy
Former player for the Minnesota Timberwolves, Christian Laettner, is likely to find himself in bankruptcy court after his creditors took legal actions to recover the funds owed to them by Laettner, The Sydney Morning Herald reported.According to...
Disadvantages of using software in filing bankruptcy
People today often take advantage of using computer software and internet technology to make completing tasks more convenient, including bankruptcy filing. Though the internet is a great source for relevant information on how to address financial issues, people...
Americans are unable to wean from excessive credit card use
A recent report by Bloomberg observed that many credit card users are struggling to pay off the interest rates on their previous credit card balances.According to College Professor Scott Fulford, Americans at an early age start to heavily depend on credit...
Cancer survivors likely to experience financial hardships
According to a January 6 article from Fox News, working age cancer survivors are highly likely to face debt and foreclosure or file for bankruptcy. According to the researchers at the Kaiser Permanente Center for Health Research, at least one-third of cancer...
Illegal creditor harassment
People in Birmingham who are dealing with overwhelming debts may, at some point, experience harassment at the hands of creditors attempting to collect payments. However, it is imperative that debtors learn their rights when it come to creditor harassment. In...
Household credit card debt on the rise
A recent study by NerdWallet has shown that credit card debt for U.S. households is on the rise once again. According to the report, the average debt, which is now $15,355, has decreased since the recession, when it was as high as $17,000 in December of 2008, but has...