With so many struggling to make ends meet, it's no wonder that bankruptcies are on the rise. But what happens to your credit cards when you declare bankruptcy in Shreveport, Louisiana? Can you keep any of your credit cards? When you file for bankruptcy, you must...
Who is most at risk for high credit card debt?
Louisiana residents who are age 75 and beyond will be glad to learn that they are among those least at risk for carrying an outstanding balance on their credit cards. However, those in other age groups are not so lucky; as a matter of fact, some are at great risk for...
Credit card debt: Beware potential downside of debt consolidation
It is not uncommon to encounter serious financial challenges at some point in life. In fact, most Louisiana residents would likely answer affirmatively if asked whether or not they have ever had to overcome a financial challenge. Some may currently be dealing with...
Credit card debt a major problem for many Americans
Most people use a credit card to make daily purchases, and some Louisiana consumers even consider their credit cards to be their emergency funding option in case of a large and unexpected expense. Reliance on purchasing things on credit has led to a record amount of...
When credit card debt threatens financial stability
Many Louisiana residents are doing their best to stay afloat financially. Any number of circumstances can cause difficulty just to make ends meet. It can be tempting to swipe a credit card when cash flow is short; however, this often sparks credit card debt that winds...
Did your holidays end in credit card debt?
Many Louisiana residents are currently winding down their holiday seasons, perhaps some with a few outstanding party dates that were postponed in the new year. While most people enjoy celebrating with friends, family members and co-workers, it is also not uncommon for...
Avoid credit card debt during the holidays
The holiday season is just around the bend and many Louisiana residents are already stressing over the expenses they know they will face when entertaining relatives and friends, purchasing gifts and traveling. Nothing can put a damper on holiday cheer quite like...
Are you facing credit card debt for similar reasons?
You may be one of many Louisiana residents who are currently struggling with finances. Perhaps you recently suffered a decrease in income or someone in your household lost a job. With the economy the way it is, it doesn't take much nowadays to go from minor money...
Credit card debt: Will filing bankruptcy lead to unemployment?
If you are one of many Louisiana residents who own a credit card, you may be also relate to those who have at some point carried a higher-than-preferred monthly balance. In fact, many people own more than one credit card, and any number of life issues may lead to...
When credit card debt gets out of hand
There are many Louisiana residents currently facing financial challenges due to mounting medical bills. Others have lost their jobs and are struggling to make ends meet. In either situation, it is not uncommon for people to rely on using credit to pay expenses. This...
