NEW YORK (LowCards.com) -- When a spouse dies, the surviving mate may be burdened with more than just grief and loneliness. Credit card debt may also haunt the partner that is left behind. The responsibility for the credit card debt of a deceased spouse will depend on the type of account it was and, in [...]
Recently, a woman sat across from me in the office and she was nearly in tears. She was going through the credit repair process I outlined in The 90 Day Credit Challenge and she had reached the point where she was dealing with creditors on overdue accounts. Unfortunately, this was a psychological brick wall for [...]
By Michelle Jamrisko and Shobhana Chandra Jul 12, 2012 Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week, reflecting the volatility of applications during the annual auto-plant retooling period. Applications for jobless benefits decreased by 26,000 in the week ended July 7 to 350,000, the fewest since March 2008, Labor Department [...]
By JESSICA SILVER-GREENBERG As part of a continuing overhaul of the home mortgage market, the Consumer Financial Protection Bureau on Monday issued proposed rules to bolster fairness and clarity in residential lending, including requiring a good-faith estimate of costs for homebuyers. The proposed rules have two central elements - the loan estimate and the closing disclosure [...]
The cost of filing for bankruptcy has risen in recent years as a result of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act, which aimed to reduce the number of bankruptcies taking place by adding more requirements to the filing process. By Blake Ellis @CNNMoney May 7, 2012 NEW YORK (CNNMoney) -- This year, hundreds of thousands [...]
