Student credit card debt is a problem. The average college graduate carries $2,748 in credit-card debt, according to a 2007 survey by student lender Nellie Mae. And nearly one in four graduates leaves school with more than $5,000 in credit-card debt, according to a recent survey by Zogby International that was commissioned by credit […]

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Sure, learning to spend less money when you are trying to get out of debt is pretty important. But just spending less won’t guarantee success. Here are some other things you need to do:

Get your finances under control - This means you need to know pretty precisely what is coming in […]

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Do you even know what generation you belong to? More importantly, do you care?
Generations are extended periods of time that are connected with pop culture. Probably the most well known and talked about is the “baby boomer” generation; you know, the aging hippies born between 1943-1964 (or so). Their kids? Generation X (1965-1979) and Generation […]

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We get this question all the time: “How soon after a bankruptcy can I apply for lines of credit?” Out of one debt hell into another? Maybe you should examine the reason why you’re filing bankruptcy? Ok, we’ll avoid the lecture and just answer the question.
Primarily, how long you need to […]

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In general, the statute of limitations (SOL) on a debt starts 180 days after a credit card company charges off the debt. Each state has a different statute of limitations. To see what the (SOL) is in your state, click here.
Recently, however the question of which state to use as the […]

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It frequently amazes me how many people will call me and say ” I’ve got a lawyer and they recommend doing so-and-so, but I wanted to check with you first.”
Huh?? I’m not a lawyer, and I can spout case law right and left - but I have no experience defending anyone in court and […]

Popularity: 6% [?]

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