Credit card banks have been scrambling to raise capital and cut credit lines for consumers across the country lately.  So imagine my surprise to discover at least one bank still wants me to carry balances?
Here’s the deal that came in the mail last week:  My bank is offering a promotional 4.99% rate until January on [...]

A recent article in the Summer 2009 USAA magazine (published for its members’ benefit) by Lisa Holton provided sound advice on “Where To Get Money Now” — how to manage cash shortages in today’s economy.  Ms. Holton is the former Business Editor for the Chicago Sun-Times and offers wise advice to the USAA readers–to stay away from the [...]

On Friday, June 26, 2009, Governor Ted Kulongoski signed HB 2306, which provides increased protection for a debtor to protect his vehicle and his home from creditors.   Formerly, a debtor could protect $2150 in value of a motor vehicle.   The bill amends Oregon Revised Statute 18.345(d) motor vehicle exemption value up to $3000.    Oregon has [...]

Remembering and following these important tips, provided by the Pennsylvania Attorney General’s Office (relevant nationwide), will go a long way in protecting your credit by protecting your personal information:

Don’t give personal informationon the phone, through the mail, or over the Internet, unless you’ve initiated the contact or know with whom you’re dealing.
Ask your financial institutions [...]

Pennsylvania initiated a new program to assist Pennsylvanians facing financial difficulties (i.e. credit, finance, and bankruptcy) called “Get Help Now PA!“  The program provides free assistance and referrals on issues related to credit, finance, and bankruptcy by visiting a help desks staffed by volunteer lawyers and financial professionals.
Beginning on July 7, 2009 through September 11, [...]

Your Credit Score can be an important asset.  It determines your ability to get credit, and the cost.  It could be a factor in your getting a job, renting an apartment, and purchasing a house or a car.  When you file a Chapter 7 bankruptcy, your credit score will be affected.  In some cases, however, it’s [...]

The website providing details for a new student loan repayment program is up and running to provide information to borrowers anxious to get their student loan payments under control.  The website, www.IBRinfo.org, provides information, a calculator and is a portal to further information.   As of June 28, 2009, t the calculator did not appear functional, [...]

Preparing the paperwork to file a bankruptcy is, generally, the next step after you have hired an attorney, met with him to discuss your options, and provided him with all of the information requested.
The initial paperwork for a chapter 7 bankruptcy consists of the petition; the schedules and the statement of financial affairs.  Additionally, there [...]

Dairy farmers in Upstate New York are facing a crisis.  While the cost of milk at the grocery store continues to climb, the price dairy farmers receive has not.  Farmers are currently receiving $13.33 per hundredweight.  This is $4.25 below the cost of production in New York, even in the most efficient dairy farms.  Even the safety [...]

You may have purchased something from a company now in bankruptcy, and you have to make a warranty claim.
If the company is in Chapter 11, it will very likely honor your claim for the good will it generates (you’ll tell your friends that it’s okay to do business with the company) even though the company [...]