Texas residents may be aware that several for-profit colleges have been criticized for burdening their students with excessive debt. The debt issue along with poor graduation rates and limited job prospects for students who do manage to graduate led to a government...
Month: June 2015
Benefits of bankruptcy filing for retirees
Some retirees in Texas may benefit from filing for bankruptcy if they are struggling with debt. Chapter 13 bankruptcy may allow them to do so without losing their assets. Many older people may have second or third mortgages or other lines of credit on their homes, and...
Managing debt as a senior
Older Texas residents who are struggling with debt may be interested to know there are a number of strategies they can use to reduce those obligations. First, it is necessary for people to understand their finances. Looking at cash flow might reveal places where...
