
A comprehensive guide to debt relief programs
Debt becomes a problem when you don’t have the means to pay it off or owe too much to too many companies to pay down the balances.
Bents Dulcio writes with a humble, field-level view on personal finance. He learned how to cut financial corners while acquiring a B.S. degree in Political Science at Florida State University. Bents has experience with student loans, affordable housing, budgeting to include an auto loan and other personal finance matters that greet all Millennials when they graduate. He has a prodigious appetite for reading, which he helps feed with writing from Scottish philosopher Adam Smith, the “Father of Capitalism.”
Debt becomes a problem when you don’t have the means to pay it off or owe too much to too many companies to pay down the balances.
If you’re struggling with debt, a credit card hardship program may be able to help.
Social Security is protected from creditors in most cases, but there are exceptions.
Payment extensions, settlements and status reclassification can help with tax debt.
How your bankruptcy will play out depends on the type of bankruptcy you file.
An attorney can help you avoid pitfalls and will look out for your interests.
Chapter 13 lets you use your income to repay some of your debts.
Bankruptcy will cloud your credit, but with time and discipline, you can recover.