Debt

Steps to Take Before Bankruptcy

by Kay Lynn on May 3, 2011

Even though the economy seems to be in a slow recovery, there is still a lot of debt and bankruptcy.  People and businesses that have trying to hang on are finally reaching the end of their ropes. If it wasn’t you, it most likely has happened to a family member, friend or acquaintance.  One court has [...]

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Three Options for Debt Overload

by Kay Lynn on April 19, 2011

Lots of people get in situations where their debt levels get so high that they can no longer manage them. These situations may occur because an individual got in over their head with too many financial obligations or could take place because of some sort of catastrophe that has taken place. When those situations occur, [...]

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Research shows UK Baby Boomer Debt Concerns

by Guest on March 22, 2011

The following is a sponsored guest post from Money Super Market.com. Baby boomers across the pond are struggling to cope with their borrowings, with one in three currently unable to clear their debts, according to new research. Insurance group Aviva’s fifth ‘Real Retirement Report’ found that almost a quarter (23%) of those surveyed said they [...]

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Many credit cards have such high interest rates that it may seem like not much progress is being made on the balance.  One of my goals when paying off debt was to complete it as fast as possible. I transferred one of my higher credit card balances to a new card with a 0% interest [...]

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Debt Snowball Additions

by Kay Lynn on August 27, 2010

Sometimes it seems like money is a one way road and it’s not going in my direction.  This week a couple of things made me think it is a 2 way street. Checks It started off with two checks I wasn’t planning on (even though not unexpected).  First I had a medical FSA reimbursement check.  [...]

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