The holidays are fast approaching, and we know that this season can be expensive! Sam Henry is here to help! We’ve put together a list of 5 tips for sticking to your holiday budget. Decide how much you can spend Holiday money should come from your current disposable income. Ideally, you’ve saved some money throughout the year- but if not, cut back on extras such as movies, dinners, or coffee drinks until the holidays are
A recent study by LendEDU determined that 32% of people filing for Chapter 7 bankruptcy had student loan debt, and almost half of their total debt came from student loans. It’s a common myth that student loans can’t be discharged in bankruptcy, so why aren’t more borrowers pursuing it? If you are contemplating filing for bankruptcy due to student loan debt, consider the Brunner test to determine if you would be eligible. The Brunner test
According to the Federal Reserve Bank of New York, late credit card payments have been ticking upward for the past 2 years. Card delinquencies have been rising for borrowers under 30 in particular. The major credit bureau, Experian, said the average card balance as of May 2019 was $6,553. There are steps that consumers can take if they are having trouble making payments. They can start by contacting their card companies and asking for a
You know what they say – summer is the season for spending… but it doesn’t have to be that way. Even if you have a big vacation on the calendar, you can still spend smart and save where possible! We’ve put together some tips to keep summer time spending under control. 1. Yard maintenanceIf you are physically able, consider mowing your own yard to cut back on the unnecessary cost of hiring a landscaper. If doing
According to an article on uscourts.gov, bankruptcy filings fell by 0.9% for the 12-month period ending March 31, 2019. US annual bankruptcy filings totaled 772,646 compared with 779,828 in 2018. This data continues the national trend of declining bankruptcy filings since 2011. In 2010, bankruptcies hit a national peak when almost 1.6 million bankruptcies were filed. Below, you will find a table of business and non business filings provided by the United States Courts.