Are You OverExtended?

Are you managing your debt, or is it managing you? Practical guidance for managing personal debt and credit.

Get Started
  • Spending more than paying off
  • Trouble paying bills
  • Buying without down payments
  • Maxed out credit lines
  • Retirement not properly funded
  • No payoff strategy
Financial advisor

Recent Articles

The Unexpected Bill That Wrecks Your Credit Score
Lack of Emergency Funds

The Unexpected Bill That Wrecks Your Credit Score

Most middle-class families live with a silent assumption: that a sudden $500 or $1,000 expense can be absorbed without much pain. The car needs a new...

today Read More
What Happens When a Creditor Freezes Your Bank Account
Creditor Actions

What Happens When a Creditor Freezes Your Bank Account

A frozen bank account can feel like an emergency. Your card is declined even though money is still there. This usually happens because a creditor...

today Read More
What to Expect When a Creditor Garnishes Your Wages
Creditor Actions

What to Expect When a Creditor Garnishes Your Wages

When you fall behind on a credit card, personal loan, medical bill, or other unsecured debt, the creditor will usually start with phone calls...

today Read More
How Often Should You Check Your Credit Report?
Credit History Management

How Often Should You Check Your Credit Report?

Your credit report is the foundation of your credit history. It tells lenders how you have handled borrowed money, whether you pay on time, how much...

today Read More

Popular Articles

Who is the Ideal Candidate for a Non-Profit Debt Management Plan?
Why Closing Joint Accounts Protects Your Financial Independence
Mastering Your Student Loans: A Guide to Financial Freedom
Video

Consumer Credit Tips

Each video breaks down one practical way to get out from under debt and stay there — straightforward advice on credit, budgeting, and the habits that keep you from getting overextended again.

FAQ

Frequently Asked Questions

Ask the company to provide a detailed written explanation of all fees, the estimated timeline, the potential negative consequences to your credit and legal standing, and their success rate for cases similar to yours. Never agree to anything without this disclosure.

Unexpected illnesses or injuries often result in high out-of-pocket costs (e.g., deductibles, copays, uncovered treatments), forcing families to rely on credit cards, loans, or payment plans to cover expenses.

In a Chapter 7 bankruptcy, a reaffirmation agreement is a voluntary contract where you agree to continue paying a secured debt (like a car loan) and remain personally liable for it. This allows you to keep the asset, but it also means the debt is not discharged.

Liabilities are all your debts. This includes revolving debt (credit card balances), installment debt (auto loans, student loans, personal loans), mortgages, and any other money you owe, such as medical bills or back taxes.

Many hospitals and providers offer charity care or financial aid programs based on income. Nonprofits and government programs (e.g., Medicaid) may also provide support for eligible individuals.