Watching Out for Debt Collection Scams

Getting a call out of the blue with an intimidating voice on the other end demanding payment for a debt can be frustrating and frightening. But how can you be sure if the call is a legitimate debt collector, and not a scammer simply trying to scare you into making a payment or giving up your sensitive personal information?  According to data from the Federal Trade Commission (FTC), there were more than 1.4 million fraud reports //READ MORE

2019-08-16T15:45:56+00:00 August 20th, 2019|Community|

Are Debt and Money Issues Impacting Your Quality of Life?

Debt is a fact of life for millions of Americans – but knowing that fact doesn’t always make it easier to deal with, on the day to day.  According to data from 2018, the average American reports having about $38,000 in personal debt, with that number going up to more than $135,00 for households. Personal debt can be brought on by any number of factors, and many people cite credit cards, mortgages, auto loans, medical bills, //READ MORE

2019-08-02T12:23:16+00:00 August 15th, 2019|Community|

10 Stunning Stats About Student Loan Debt

Student loan debt is one of the most talked-about issues of our time – and for good reason.  As total consumer debt continues to rise in the U.S., student loans ring in as one of the biggest sources of debt for households, alongside credit card debt, mortgages, and auto loans. In recent years, millions of Americans have cited student loan payments as one of the biggest factors holding them back from starting a family, buying a //READ MORE

2019-08-02T12:14:03+00:00 August 13th, 2019|Community|

A Quick Guide to Bankruptcy Exemptions in Illinois

For many individuals struggling with debt, one of the biggest concerns about bankruptcy is all about losing the assets that they’ve worked so hard to acquire. There are a lot of myths and misconceptions out there about bankruptcy – and one of the oldest, biggest, and most damaging is that filing for bankruptcy will always mean having to give up all of your personal belongings and assets.  In reality? Many people who file for bankruptcy are //READ MORE

2019-07-29T16:26:23+00:00 August 8th, 2019|Community|

What is a Deed In Lieu of Foreclosure?

As a homeowner struggling with mortgage payments and facing the looming prospect of foreclosure, you likely have a lot of pressing questions as you try to consider all of your options. What can you do to help avoid the foreclosure process? Is it going to be possible to keep your home? Are there any courses of action that can allow you to quickly gain some relief from your mortgage obligation?  To that last point? Many borrowers //READ MORE

2019-07-12T16:39:59+00:00 July 23rd, 2019|Community|