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If you have encountered financial challenges in 2020, you are definitely not alone in your struggle. Many New Mexico residents and others throughout the country are in the same boat. Global, national and personal economies are fluctuating systems. One or more of the three may become compromised at any time. In fact, it is not…
Read MoreMilitary service members and their families make many sacrifices to protect the values and people of the United States. Most service members do not expect one of those sacrifices to be financial security. And yet, many military families report that debt and financial challenges are one of the largest concerns they face. What financial issues…
Read MoreLosing a job can leave individuals suddenly facing considerable stress – and a lot of questions. How will they pay bills? How will they support the family? If individuals already have debt, these questions and worries only increase. Even though many employers offer a severance package to help individuals after a layoff, debt can quickly…
Read MoreWhether individuals file Chapter 7 or Chapter 13 bankruptcy, they will have to complete a considerable amount of paperwork to obtain the debt relief they need. When filling out this paperwork, one critical step individuals must take is to list all of their monthly expenses. This might seem like an overwhelming task, but individuals pursuing…
Read MoreIn a recent blog post, we discussed the potential dangers of credit card debt. This report also found that the total credit card debt in the United States reached an all-time high at the end of 2019. Since most adults have at least one credit card, they are often well aware of the risks that…
Read MoreIn a recent blog post, we discussed how individuals can manage their debt when unemployed. One of the first steps involves negotiating a different payment plan with creditors. There is no doubt that speaking with creditors can be overwhelming. So, here are some tips to help individuals when they call to negotiate with creditors. Preparation…
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