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April 2014 Archives

Upcoming graduates await start of student loan payments

Another school year is coming to a close for Colorado-area residents, with another full class of graduates ready to enter the workforce. While it can be an exciting prospect to finally start receiving a paycheck for those graduates who have obtained employment, it can also be a period of uneasiness and concern when the student loan bills come due shortly after graduation.

Avoid the pitfalls of credit card debt by filing for bankruptcy

When Colorado residents get stuck deep in debt, there are limited options for how to break free from the crippling debt. What's more, some of the options that have the potential to help can actually make matters much worse.

More individuals nearing retirement looking to file bankruptcy

For many Colorado residents, part of the American dream they grew up believing in was finding a good job that would allow them to save enough money to live comfortably during retirement. Unfortunately, this is not becoming a reality for many individuals, who have been forced to work during their retirement in order to deal with the financial challenges burdening them.

Debunking the myths of bankruptcy

There are many myths that can set Colorado residents off course if they do not have personal knowledge about a particular situation. Perhaps nowhere is this truer than with bankruptcy, as individuals have a number of preconceived notions that may not actually be correct, as they often find out once they begin looking at whether to file for bankruptcy.

Colorado residents: which accounts are subject to bankruptcy?

Many couples in Colorado have made a habit of combining their financial affairs. From checking accounts to credit cards and more, couples often find it more convenient to combine two financial accounts into one. When it comes to bankruptcy, however, which is an effective way to discharge credit card debt, couples should understand what happens when two or more individuals are named on a single account that is the subject of the bankruptcy.