Many consumers say they don’t understand credit. The truth is, cards and loans are all forms of debt. It’s easy to acquire too much debt or have problems paying it back.

Many debtors take on credit card “loans.” It’s easy to forget to make payments on time. It’s also relatively easy to get into financial trouble by borrowing too much by borrowing the maximum the card will allow. 

If you're in danger of losing your home because you can no longer afford to pay the mortgage, you may have some recourse. Read on to learn more about how the foreclosure process works and how you may be able to save your home.

credit checkNo matter what your financial standing, it’s important to know your credit. That means you should be familiar with every aspect of your credit, including how your credit score is determined, what goes into your credit report and knowing how to spot the most common errors that tend to somehow leak onto your credit report. You should also know what a credit check is and how it can affect you.

consumer credit counselingTo understand the concept of consumer credit counseling, one must first understand what it is not. Credit counseling is not a loan product of any kind. It is not a service that is going to provide a person with a traditional debt consolidation loan, a bandaid or an easy fix. A credit counselor is not going to teach a person any tricks or shortcuts. What this person will do is guide a consumer back to financial health from any stage of financial ill health.

personal and business taxesEnd your IRS nightmare by hiring a tax attorney

If personal taxes or business taxes are leaving you stressed about your financial future, it may be time to consider hiring a tax attorney who has the legal knowledge to get involved on your behalf and solve your tax debt problems.

bankruptcy attorneyAre you overwhelmed with debt? You’re not alone. According to USA Today, more than 35 percent of Americans are delinquent on one or more of their monthly obligations. Adding credit card bills, child support, medical bills, utility bills, and other debts, it is estimated that the average person owes $5,200 in past due bills. 

Credit CounselingIf you're having trouble with debt, or aren't sure how much debt you're in, it's important to take a long look at it sooner rather than later. Rest assured, though, that there are multiple options to look into, and you won't be alone when you're trying to figure out your options. 

chapter 7 bankruptcyIf you are faced with divorcing your partner and may want to declare bankruptcy, it is important to consider how filing for bankruptcy will affect property you own jointly and separately. Whether you should file bankruptcy jointly or separately depends on the laws in your state regarding marital property.

student loan consolidationYou may have seen the TV commercials about student loan consolidation. A sign of the times, to be sure. Student loan debt in the United States is increasing. This is due to the fact that financial aid and government grants are not enough to offset the increasing cost of college, and family income has not increased much for decades when adjusted for inflation..

bad creditIn many cases, the people who have bad credit are the ones who are in need of emergency funds. If you have a low credit score, then you may think that it is impossible to borrow the money you might need for medical bills, emergency expenses and home repairs. You may also believe that it is impossible to get the funds if you have been denied credit in the past. However, there are some options available if you are struggling with bad credit.