States that allow debt collectors to seize consumers’ wages have significantly higher bankruptcy rates than other states that prohibit or strictly limit the practice. Lawyers say that going after wages — an increasingly popular move since the recession began, poses the risk of pushing consumers into bankruptcy court, where judges can reduce or erase all [...]
The Patriotic Way to Lower Student Debt
Pitches made by military recruiters seem to be working- each of the military service academies has seen a sharp rise in applications this year. West Point saw a 9% increase and the U.S. Naval Academy reported a jump of 40%. Students at the academies receive an all-expenses-paid undergraduate education in exchange for serving in the [...]
The Repo Man
Car repossessions are on the rise right now. When you have been laid off or suffer a salary decrease, it’s hard to keep up with all of your payments, and often times the car payment is the one that gets pushed off. As soon as you begin having difficulty making your car payment, call your [...]



