Category Archives: Debt Issues

12 myths about bankruptcy

Will you lose your house and retirement savings? When will you be able to borrow money again? Get the facts on these questions and more.

Like most big, bad scary things, bankruptcy has a reputation based on a few tidbits of truth and a lot of embellishment. And like most creepy crawlies, it’s not nearly as frightening once you know the truth.
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Debt hobbles older Americans

At a time when many thought they’d be close to retirement, many Americans in their 50s and 60s are finding that dream seems more distant than ever.

More Americans are reaching their 60s with so much debt they can’t afford to retire.

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Is your spouse hiding debt?

By Liz Weston, MSN Money
When a husband or wife owes major amounts of money but is keeping the problem secret, marital honesty is undermined. Suspicious spouses should watch for warning signs.
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Dodging debt . . . by dying?

Yes, there are some places where even bill collectors won’t follow you. But if you decide simply to leave your debts behind, find out how the living will be affected.

They say you can’t take it with you — a saying that these days applies as much to debt as wealth.
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Your 5-minute Guide to Managing Debt

Up to your ankles, hips or neck in debt? Try these two dozen tips to help get your finances back on track.
By MSN Money staff
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Out of Options

WHILE IN THE process of getting divorced three years ago, Sparkle Parks, a 38-year-old administrator at Ohio State University’s medical center, found herself five months behind on her mortgage payments and burdened with $8,000 in credit-card debt. “I was used … Continue reading

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