The Truth of Credit

Bankruptcy is the officially declared term defining the failure or impairment of organizations or individuals to pay off their debts. The legal formalities allow creditors to file a bankruptcy petition against debtors in an effort to recover the debt. In several cases, debtors start bankruptcy process in what is called “voluntary bankruptcy” filed by the [...]

A few of the top health insurance providers have decided to team up with some major banks to make health care credit cards for consumers. These credit cards, which can only be used for medical expenses, are intended to help consumers cope with rising health care costs. Here are some of the cards that I [...]

One of the major complaints that debtors have about the collection process is the lack of privacy. I agree that the availability of your personal information to complete strangers is a less than preferred situation. Most of these accounts contain information including Social Security Numbers, Addresses, Mother’s maiden names, Spouses, and every address you have [...]

YouTube is a great site for the open minded. Recently, I ran into a few videos by a Certified Public Accountant (CPA) by the name of Stacy Johnson. Mr. Johnson’s videos are a great resource for educating people on credit issues. You can visit his page by clicking here. Here is a [...]

Have you ever heard of a bankruptcy mailing list? You probably thought that you would quit receiving credit card offers after your bankruptcy, but because of a this list, you will receive more than ever! Credit card companies are eager to get your name after a bankruptcy, hence the need for such a list! They [...]