A debt consolidation loan is an attractive option for many people who are struggling to repay their debts. Under this structure, you’ll take out one large loan so that you can use the funds to repay your existing debts. This strategy is particularly effective for eliminating credit card debt, as debt consolidation loans typically have … Continue reading When Debt Consolidation Loans Make Sense
When you are struggling with large amounts of debt, you may be seeking out options to help you get your finances back under control. In doing your research, you’ve probably read about debt consolidation or bankruptcy. Both of these are viable options, but the two are not the same. You’ll need to carefully evaluate your … Continue reading Debt Consolidation vs. Bankruptcy: Which Is Right for You?
At some point in your life, you have likely wondered, ‘Do I need a financial advisor?’ According to most professionals in the financial industry, the answer to this question is a resounding, ‘yes’. To figure out whether financial planning is right for you, ask yourself the following questions. Has My Life Situation Changed Recently? Major … Continue reading How to Know If You Need a Financial Advisor
Filing bankruptcy is a strategic way to get your finances back on track when you have exhausted all other options, bringing you back from the brink of financial demise. However, many consumers try to hide or restructure their assets during the process. This is considered illegal and can result in steep fines or even jail … Continue reading What NOT to Do Before Filing Bankruptcy