There is a (usually) unwarranted shame attached to getting into debt. A lot of people feel so embarrassed about their debt problem that they will do anything to keep it from friends, relations, and even their family. Unfortunately this is not the best idea. Firstly your family need to know about your [...]
Continue reading about Dealing With Debt – You Need to Talk to Someone
photo credit: David13Or
It is a common situation for one partner in a marriage or relationship to get themselves into serious debt, sometimes without their partner knowing anything about it. So what are the consequences for the partner with no debt problem?
Firstly it is important to remember that your partners debts are not your [...]
Continue reading about Implications of Your Partner Being Declared Bankrupt
photo credit: Casey Serin
Bankruptcy is the debt resolution of last-resort, which still carries with it a stigma. It is also the debt solution that has the most devastating affect on your ability to get credit or a mortgage in the future. It is difficult to separate fact from fiction in the area of bankruptcy, [...]
Continue reading about What Happens if I Declare Myself Bankrupt?
