In an era of high unemployment and personal debt loads, it may trouble some people to learn that having a significant personal debt burden might decrease a person’s odds of getting security clearance for some government jobs and regular employment at others. Here’s a look at how debt and employment are linked and what you [...]
Tags: Debt, Debt Cost
Posted September 13, 2010 by Amelie Hampton under Bankruptcy Articles
If you plan on marrying someone facing bankruptcy do you also marry their debt? Generally, the answer is “no”, but in some cases, your fiance’s debt walks down the aisle. You are not liable for your spouse’s debt- that’s the general rule. Sometimes you end up paying the debt anyway. Consider the case of young [...]
Tags: Debt
Posted August 5, 2010 by Brayden Laura under Credit Report
Credit card Q&A: “How to pay off credit card debt?” There are several ways to pay off credit card debt, but perhaps the best method is to transfer existing balances to low interest credit cards, or even better, a 0% APR credit card. By doing so, you’ll be able to lower the APR tied to [...]
Tags: Card Debt, Credit Card, Credit Card Debt, Debt
Posted July 21, 2010 by Brayden Laura under Credit Report