Archive for September 2023

You may have read multiple news stories about collection agents calling people whose loved ones have died, attempting to hold them responsible for the deceased’s debts.  Fortunately, there are only a handful of cases where a person directly inherits debts.  A Deceased Person’s Debts Come Out of the Estate While it may feel like you’re…

Bankruptcy rumors persist even though over 750,000 American families file for Bankruptcy every year. Myths and fears about bankruptcy aren’t harmless. They frighten families into making bad financial decisions, such as withdrawing money from a retirement fund to pay off bad debt or continuing to pay creditors long past the point where it makes sense…