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What Happens to the Garnishee at Work When I File a Bankruptcy?

Garnishments are processes where, in order to pay off your debt, a certain amount of subtracted from your income each month. As you might expect, this can interfere with your ability to get your financial debt back on track, especially if the amount deducted is high....

How Do I Declare Bankruptcy?

By approaching a Licensed Insolvency Trustee, you begin the process of declaring bankruptcy. The process involves you filling out vital information regarding your financial situation, your debt, your assets, your tax situation, and your income capacity. Using this...

Can Someone Collecting Pension Declare Bankruptcy?

When you are a senior, it can be difficult generating the amount of income required to pay off debts, especially when you don’t have a job. As a senior, you may be troubled by your medical bills, rising property taxes, and other inflation-related issues, and...

What Is The Purpose Of Bankruptcy Legislation?

There are two purposes of bankruptcy. The first is to release the debtor from overwhelming debt that they cannot possibly pay off so that they can start over fresh and continue on with their life. Staying in impossible debt helps nobody, so bankruptcy was established...

What is Bankruptcy?

Bankruptcy is the process where a person hopelessly burdened with debt gets the chance to start over with their their debts eliminated. For this to happen, you trade what you own with a Licensed Insolvency Trustee in exchange for the removal of your debts. Though it...

Ways to Avoid Credit Card Debt

Sometimes, we have no choice but to use a little bit more money than we have, but done sparingly and correctly, this doesn't have to affect your credit in the future. Here are 10 ways that you can use to avoid racking up that credit card debt.

Debt Management Tips

No matter how much or how little debt you have, it’s a good idea to develop good debt management habits. When you have only a little bit of debt, you just need to keep up your payments so that your debt doesn’t spiral out of control. But when you have a lot of debt,...

Tips For Saving Money

Debt is a thing that nobody ever wants, but sometimes managing money can be difficult. Here is a comprehensive list of things you can do to save money in your everyday life.

 

Learn How You Can Make Money On Your Debt

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