Bankruptcy filings continue to rise as hundred of thousands individuals and businesses bow under economic pressures. Chapter 7 bankruptcy filings are at their highest since the introduction of bankruptcy reform at the end of 2005. Read on to learn more about this disturbing trend.
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Rampant fraud may thwart the expansion of the popular first-time homebuyer tax credit. Recent probes by the IRS have discovered fraudulent credits delivered to illegal immigrants and four-year-olds. Tens of thousands of people may have taken advantage of the program, jeopardizing its future.
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You probably already know to beware of fraudulent emails and phone calls, but you may have more to worry about than you think. Even your text messages may not be safe from the grasp of identity thieves. Read on learn more about the dangers of text message fraud.
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The state of the economy has a lot to do with the approval rate of credit card applications. If the economy is unstable, credit card companies will tighten up their lending policies.
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In today’s competitive job market, some employers are being selective about who they hire. Many are looking at your credit report to see if you will be a good worker or not. Credit repair not only can help you get a better interest rate on your next loan, but it might also help you get your next job.
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The federal stimulus plan has offered taxpayers numerous incentives and programs to assist them and also help boost the economy. But consumers should be aware of tax fraud – they are at risk of losing their credit and being investigated by the IRS if their documents aren’t prepared correctly. To protect yourself, make sure you are eligible for the program at the start, and have a CPA or another certified tax preparer work on your taxes.
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Paying your bills on time and keeping your debt under control aren’t the only factors influencing your interest rates anymore. Believe it or not, your creditors are monitoring where and how you spend your money, and your spending patterns may be affecting your interest rates. Read on to learn why shopping at a thrift store may cause your interest rates to spike.
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Bankruptcy filers are steadily increasing. This is because of the uncertainty of the economy. It can also be because of the uncertain financial future of the filer.
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If you are spending long nights awake because you are worried about how to pay a bill, you may have too much debt. Debt struggles can cause serious health complications due to stress if not properly managed.
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Are you one of thousands of people debating if they should declare bankruptcy? Nearly every expert recommends that bankruptcy should only be used as a last resort. Here’s a look at some bankruptcy alternatives you can take advantage of!
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