Bankruptcy is Often the Best Solution for Money Problems

Here is something you don't expect to hear people say, "If you file bankruptcy your life will get better."  Well, I did file bankruptcy and my life did get better. Within three years after our bankruptcy we had purchased a house and before that had rebuild great credit...

Reader Questions - Divorce, Getting Out of Debt, Restoring Credit

Question: I just finished paying off my credit cards thru credit counseling, bought a house. I then applied for credit card, got denied due to being in credit couseling. How long should I wait to re-apply again? In the mean time, what could i do to erased the credit...

Money Troubles Trigger PTSD in Many

Post-traumatic stress disorder (PTSD) is something we normally associate with military members. But the reality is that many who have faced traumatic situations can also suffer from the impact PTSD creates. Through news reports and media coverage we are also aware of the...

The Hidden Truth About Welfare and Benefit Fraud

For some reason I've been getting a lot of questions and statements from people that feel that there is a tremendous amount of benefit or welfare fraud taking place. Is there fraud in benefit systems? Without a doubt I'm positive there is. But the level of welfare or public...

FTC Chases Down a Couple More Debt Relief Companies Promising Mag

The Federal Trade Commission announced some additional coordinated enforcement actions against companies that promised fraudulent debt relief help and interest rate reductions. Recently I wrote about actions the FTC took against Purchase Power Solutions and The Green Savers....