Throughout North Carolina and the rest of the United States, one out of every five American consumers do not know if they owe money on their credit card. Three out of every 10 Americans have no knowledge regarding the interest rates on their lines of credit. In a new...
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Bankruptcy Help For Everyday People
Month: June 2019
Life after bankruptcy: Budgeting tips
On Behalf of Wootton & Wootton, P.C. | Jun 26, 2019 |
If you declare bankruptcy, it is crucial to learn how to budget in the future. If you use Chapter 13 bankruptcy and have a repayment plan, your budget is a critical part of determining how that plan should work and what you can afford. If you use Chapter 7 bankruptcy...
Young people are facing more credit card debt
On Behalf of Wootton & Wootton, P.C. | Jun 14, 2019 | Credit Card Debt Relief
The profile of credit card debt is changing for many young people in North Carolina. Millennials were once known for their aversion to overdue bills, especially as many of them became adults and entered the workforce during the 2008 financial crisis. As a result, many...
Should you dip into your home equity for unsecured debt?
On Behalf of Wootton & Wootton, P.C. | Jun 13, 2019 |
Life has a way of getting ahead of us. Maybe you got into a car accident and couldn't work for several weeks. Perhaps an unexpected bill, like a busted furnace, threw a wrench in your budget. Regardless of how it happened, when you fall behind with your bills, it can...
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