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Tag Archives: Credit Card Debts

bankruptcy

Unsecured Debts vs. Secured Debts

By Jessica Holguin |

If you are deep in debt and aren’t able to dig out from under your financial troubles, you may want to consider filing for bankruptcy. Bankruptcy is a procedure available under federal law that allows debtors to discharge certain debts. When a debt is discharged you are no longer liable for the debt, but… Read More »

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Negotiating Credit Card Debt

By Jessica Holguin |

The average American household today is operating under more than $15,000 in debt, but there are ways to get out from under that debt. The first thing you’ll need to do is relax. Credit card debt is normally what the law calls “unsecured debt,” so a credit card company can’t take your house or… Read More »

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