Bankruptcy

October 29, 2012 By Cornelius Frolik A decline in personal bankruptcy filings in the Miami Valley signals that access to credit remains tight and consumers are carrying less debt, experts said. But the trend is not necessarily good news. Bankruptcy is a way of discharging debt, but many debtors are unemployed, meaning they do not [...]

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 [...]

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 [...]