Blog Posts in June, 2017

Can I File for Bankruptcy if I’m Current on All of My Payments?

A common misconception is that the only reason to file for bankruptcy is if you’re behind on your payments. This is simply not the case. Although you may be current on your payments now, anticipated circumstances such as divorce, job loss or medical expenses may render you unable to make payments in the future. Instead of it being a last resort, bankruptcy can be used as a strong preventative ...

Should I Use a Credit Card to Pay for Taxes?

A heavy tax bill can hit you like a freight train, but unlike rail transport, there’s simply no dodging the IRS. Once April rolls around, you have to either pay your taxes or face the consequences, which can be really steep penalties. A tough situation like this may force you to resort to your credit card. The IRS accepts credit cards (through third party companies) and your credit line is enough ...