North Carolina residents who are struggling to pay off credit card balances and other bills may have heard of the “debt-snowball” approach made popular by the finance guru David Ramsey. Following a snowball plan involves applying all available funds to the card or...

For many people in North Carolina, Chapter 7 bankruptcy can offer a route out of a difficult financial situation. People have the opportunity for debt relief through the liquidation of their assets, and their creditors can claim proceeds from the bankruptcy estate in...

Medical debt can result in bankruptcy even if you have a job and a robust health insurance policy. A study from Salary Finance found that 28% of people in North Carolina and throughout America owe $10,000 or more in medical bills. Health care costs have gone up since...