Amid mounting concerns that the debt crisis in Greece could end up impacting the United States, some are saying bigger economic risks actually lie within the country. Californias Governor Schwarzenegger is facing mounting debt and has been forced into major budget cuts.

When I first began applying for credit after my bankruptcy I noticed a trend. Lenders would ask me the same series of questions over and over again. They all seemed to care about a few key things. Of course, now I realize they were trying to quickly assess if I was creditworthy or not. [...]

Struggling consumers have more choices today than ever when it comes to debt relief options. These choices include credit counseling, debt consolidation, debt settlement, and bankruptcy. Opinions vary widely on each option but making the right decision is a matter of assessing a borrower’s specific circumstances in relation to how each method works and what [...]

Bankruptcy Questions Filing for bankruptcy after those endless debt issues may seem as the last resort. However, it might be more of a fearful act. Bankruptcy is a hard-nosed procedure with almost permanent impact. The menacing after effects of bankruptcy, which often are not properly assessed before filing for bankruptcy tend to confuse during the [...]