The interest rate charged on a loan, credit card, or mortgage over a year's time
The fee charged annually by a credit card company to its cardholders. This amount is added to the cardholder's statement.
An individual's credit rating is typically considered bad or poor if their FICO score falls below 620. Issues that drop a FICO score to such a level include defaulting on (failing to pay back) loans and credit cards, making payments past their due date, and/or carrying a high level of debt.
The transfer of an existing account balance (in part or in whole) to a different account, usually an account held with another creditor.
Balance Transfer Fee
The fee charged by a credit card company when a balance is transferred to one of its cards.
A legal declaration of one's inability to pay his/her creditors. In most cases, voluntary bankruptcy is initiated by the individual in debt (the debtor); in rare cases, creditors may file a bankruptcy petition against a debtor to initiate an involuntary bankruptcy.
Are your bills piling up and harassing collection calls driving you crazy? You have the power to take control of your financial situation. Filing bankruptcy is intended as a way for consumers to resolve their debt, stop foreclosures, repossessions, and potential lawsuits. If you're struggling to pay bills, bankruptcy may free you from your debt. The services options below, allow you to talk to a bankruptcy lawyer about your options and whether Chapter 7 bankruptcy or Chapter 13 bankruptcy may be able to help you get out of debt. Millions of Americans have taken this step to rebuild their lives. Facing financial hardships is not an easy task. Making the decision to file bankruptcy should not be made lightly or quickly.
In most cases, if you are considering bankruptcy, you have tried to handle your debts on by yourself. You may have tried a debt consolidation plan, or a credit repair program. If those haven’t worked, the next step is to discuss your situation with a bankruptcy attorney and determine if bankruptcy is right for you.
A bankruptcy attorney can help you determine whether filing bankruptcy is the right decision. They can evaluate your debts, income and vision for your future to see if bankruptcy will help you get through your financial problems and onto a path of financial freedom. Below you will find some of the leading bankruptcy service providers.
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