A Little Bit On Bankruptcy And What You Should Never Do If You Are Filing

Every day, more and more Americans slip into debt, and many will file for bankruptcy. As you may know, declaring bankruptcy is the most intense of all financial makeovers. Most of your debts will be absolved, but financial experts continually warn us that it should be treated as a last resort. When you file for bankruptcy, you might as well get a big rubber stamp that says “Don’t Give Me Credit!” and slam it on your credit report for the next ten years. It may seem like a good idea now, but in the future, when you find that your ability to obtain a car, living environment or even employment may be greatly hindered, it may not seem so great. So, it is absolutely imperative that if you are planning to declare bankruptcy, know what you are doing, and have a good game plan.

Survey Reveals That Biggest Banks Are Less Trusted

It’s no surprise that big banks have issues with their image these days. To add to the anecdotal evidence of friends, family, and your own opinion, a new report from Forrester Research illustrates that America’s largest banks are trusted the least in the country.

Colorful Arguments Keep IRS On Its Toes

We are well into another tax filing season, and the Internal Revenue Service is practicing one of its yearly rituals, which is addressing a vast amount of colorful arguments that people give as a reason why they aren’t obligated to file a tax return.