Debt consolidation is almost always a scam. Companies end up charging you 30% of your total debt upfront and in most instances you end up paying 80-85% of your debt back over a long, slow time frame which destroys your credit. Bankruptcy is always a faster, cheaper option that gets you back in the game faster, and will be much better for your credit.
As 23andMe files for Chapter 11 bankruptcy, many customers are concerned about the fate of their genetic data. With over 15 million saliva samples potentially at risk, it’s crucial for consumers, particularly in Florida, to take action to secure their privacy. This guide provides a clear, step-by-step approach: Delete Your Genetic Data: Log into your account, access the "Settings" section, and permanently delete your data after downloading it if desired. As 23andMe files for Chapter 11 bankruptcy, many customers are concerned about the fate of their genetic data. With over 15 million saliva samples potentially at risk, it’s crucial for consumers, particularly in Florida, to take action to secure their privacy. This guide provides a clear, step-by-step approach: Delete Your Genetic Data: Log into your account, access the "Settings" section, and permanently delete your data after downloading it if desired. Destroy Your Physical Sample: Revoke permission for 23andMe to store your saliva sample via the "Preferences" section in account settings. Withdraw Research Consent: Remove consent for research use in the "Research and Product Consents" section. By following these steps, individuals can protect their genetic information and ensure it doesn't fall into the wrong hands during this uncertain period for the company.
The article discusses the recent decline in personal bankruptcy filings during the pandemic, predicting a probable increase due to rising interest rates and reduced government relief. Experts highlight the emotional challenges associated with bankruptcy, emphasizing the importance of legal guidance. It outlines the steps involved in the bankruptcy process, with insights on the types of bankruptcy and their implications. Additionally, it offers post-bankruptcy advice, emphasizing the significance of responsible financial management and the potential for rebuilding credit. Despite the stigma, the article highlights bankruptcy as a chance for a fresh start and financial rehabilitation.
Explore the rising trends in credit card debt among different generations, including Generation Z's increasing balances and Generation X's high debt levels. Discover the factors influencing these shifts and learn valuable tips for managing credit card debt in today's challenging economic landscape.
Wage garnishment is when an employer has to take money out of an employee's paycheck to pay off a debt. This can happen if someone owes money for things like child support, taxes, student loans, or other debts. There are two types of garnishment: wage garnishment and non-wage garnishment. Non-wage garnishment is when a court orders a person's bank to take money out of their account. If an employer doesn't follow the law and take out the right amount of money, they can get in trouble and have to pay fines or even be taken to court. The amount of money that can be taken out of an employee's paycheck depends on how much they make and what they owe. It's important for employers to follow the rules and seek help from an attorney if needed.
A recent survey by Bankrate has found that a growing number of Americans are struggling to save for emergencies due to high inflation and increasing interest rates. Over a third of respondents had more credit card debt than emergency savings, up from 22% a year ago. Many people are using their emergency savings or taking on credit card debt to cope with the current economic situation. Respondents cited inflation or unemployment as the biggest barriers to saving more. To avoid financial stress, it's important to prioritize emergency savings by setting a budget, cutting unnecessary expenses, and considering debt consolidation or debt relief options to free up money for savings.
Credit card debt levels and interest rates are reaching historical highs leaving consumers few options to get out of debt.
Credit card balances are at an all time high and there is no relief in sight for most consumers. Now is the time to plan around your debt strategically and speak with Florida Consumer Lawyers today.
Florida is at the tope of list of unsustainable credit card debt. Eventually, it will hit the fan.
Our law firm only represents consumers and we have built our entire practice around that fact.