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If you find yourself in a mountain of debt that you just cannot dig yourself out of, you might consider filing for bankruptcy. Before you make this decision however, there are some important things you need to understand. The main thing to say is that life after bankruptcy is not easy. You will find it …
Differences Between Chapter 7 And Chapter 11 Bankruptcy Read More »
The post Differences Between Chapter 7 And Chapter 11 Bankruptcy appeared first on Good Credit Info.
When it comes to getting into financial trouble and going bankrupt, many people think the reason is poor finances. While this does play a role, there are other reasons why people go bankrupt. In fact, in some cases, the cause of bankruptcy is out of the control of the person involved. Someone who is doing …
5 Major Reasons Why People Go Bankrupt Read More »
The post 5 Major Reasons Why People Go Bankrupt appeared first on Good Credit Info.
Being in debt is embarrassing because it is a factual proof of your inability to manage your finances properly. The embarrassing nature of a debt burden can be amplified by debt collection agencies who don’t usually show empathy when trying to get you to repay your debt. Unfortunately, the embarrassing nature of debt is minor …
4 Practical Ways to Reduce Your Debt Burden and Avoid Bankruptcy Read More »
The post 4 Practical Ways to Reduce Your Debt Burden and Avoid Bankruptcy appeared first on Good Credit Info.
As humans, we like to think of ourselves as masters of our own destiny, able to make the decisions, good or bad, that take us through life. If only it were that simple. The truth is that we’re overwhelmingly slave to our unconscious processes. You might argue otherwise – and the jury will likely be …
The Psychology of Debt Read More »
The post The Psychology of Debt appeared first on Good Credit Info.
Millennials who have been out of college for a few years are starting to wonder if they should start investing before they’ve paid off their student loans. There is no one-size-fits-all answer to this question, but each person should be able find the best path forward. Investment and debt-repayment are two sides of the same …
Should You Pay Off Student Loans Before Investing? Read More »
The post Should You Pay Off Student Loans Before Investing? appeared first on Good Credit Info.