Filing for bankruptcy protection is a big decision for anyone, but for older people, it also raises some unique concerns. Many older adults have a lot of equity in their homes, something worth protecting, but that could be threatened in certain Chapter 7 bankruptcies. If you’re an older adult, it’s...
What bankruptcy means for your rewards credit card?
Many credit cards come with some nice perks. Maybe it’s cashback, a great deal on airline miles, or tons of travel points. If you’ve spent years accumulating those rewards, the thought of losing them can be upsetting. Filing for bankruptcy throws the future of those rewards points into uncertainty. Here’s...
How this couple crushed their debt (and how you can, too)
While taking the train home from work last spring, Amber Hacker stumbled on a Facebook post that changed her life. “It was one of my MBA classmates who had posted that they had paid off all their loans. I thought, ‘Wait a second, you can do that?’” she says. “I...