Category Archives: Credit Card Debt
Chicago Bankruptcy Attorneys Warn Credit Card Companies Are Lowering Limits for Consumers
One day credit card companies are stuffing your mailbox full of offers – the next, they’re taking your credit away. Creditors are cutting credit limits – and not just for high-risk customers, according to an article in BusinessWeek. It’s been reported that 16% of customers had their limits reduced between April and October 2008. Of… Read More »
Don’t Let Fear of the Unknown Keep You In Debt, Say Illinois Bankruptcy Lawyers
Sometimes there’s nothing scarier than the unknown. When you’re a kid, it’s the monster you swear is hiding under your bed at night. When you’re an adult, the fears that keep you up at night are a little more based in reality – like bankruptcy. With so many Americans in debt and facing foreclosure, you’d… Read More »
Chicago Bankruptcy Lawyers Suggest Swapping Cash for Credit to Save on Gift Giving This Summer
June is a sneaky month. It holds no major holiday, no income tax payments, no back-to-school shopping, but somehow it always costs me an arm and a limb. Just as I’ve finished paying off my Christmas shopping damages, I get bombarded with graduations, bridal showers, weddings, Father’s Day and birthday after birthday (seriously, does everyone… Read More »
Checking Your Credit Report Can Help Your Credit Score, Say Chicago Bankruptcy Attorneys
You generally pay the bills on time, you make sure not to exceed your credit limit and you haven’t opened any new credit card accounts lately. You must have decent credit then, right? Not necessarily. Don’t get me wrong – it certainly sounds like you’re doing a good job. But there’s only one way to… Read More »
Chicago Bankruptcy Lawyers Offer Tips for Saving Money This Summer
When I was a kid, the summertime blues meant not having enough to do. Now I realize it’s about having too much to do – and not enough money to do it with. June kicks off the season of vacations, barbecues, cranked air conditioners, movies and restaurant meals. And for many of us – particularly… Read More »