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Debt Relief Archives

How overdraft fees can get you into trouble

Of the annoying fees that banks charge for the “privilege” of accessing your money, overdraft fees are arguably the most nerve-wracking. Most banks charge $35.00 for each purchase that exceeds the amount currently in the account, on top of the actual cost of the offending purchase. So that $4.00 mocha frappuccino that overdrafts your account could cost upwards of $40.00.

Bad ways to combat debt

While people toiling in debt may see bankruptcy as an option, there may be other non-bankruptcy options to combat debt as well. However, just like any other way to resolve a problem, there are good ways and bad ways to do so. This post will highlight some of the unadvisable methods that people use to combat debt and why you should avoid them.

Helpful tips for getting out of debt in today's economy

We understand that getting out of debt is not easy. While you may do well with eliminating debt for a while, calamities may occur that cause you to incur more debt. Regardless of how frustrated you may be with your debt load, there are ways to gradually reduce it with the money you already have. As with our previous tips, we believe that these guidelines should become a part of your new financial reality.

Seeking relief from overwhelming student loan debt

 Most people are all too familiar with student loan debt, often spending years of their adult lives paying it off. Unfortunately, the current economic climate, growing tuition costs and shortage of jobs for new graduates have resulted in many borrowers struggling to make regular payments. In fact, Americans owe nearly $1.4 trillion in outstanding student loans.

The biggest cause of U.S. bankruptcy is medical bills

When it comes to household spending in Arkansas and across the country, medical bills may top the chart. CNBC reports that health costs prevent 10 million Americans from paying for the basics like rent and food. Additionally, 15 million people are required to pay their medical bills by emptying their savings accounts. With costs so high, it is not surprising to find that in 2013, almost 1.7 million people lived in households that had declared medical-related bankruptcy.

Statute of limitations applied to student loan debt

If you watch any of the many crime dramas now available on television, you probably have heard the term statute of limitations used. What many in Arkansas may not know is that such statutes don't represent the window within which prosecutors can pursue a criminal case alone. A statute of limitations can also apply in civil matters, too.

EpiPen maker's price hike and discount offer an old ploy

If you are a person in Arkansas with severe allergies, the EpiPen is more than a nice-to-have thing. If you are a parent of a child who could go into anaphylactic shock after exposure to a peanut, the issue could be the difference between life and death.

Robertson, Oswalt & AssociatesOffice locations

Little Rock Office
1302 Cumberland Street
Little Rock, AR 72202

Toll Free: 866-311-3815
Phone: 501-588-4451
Little Rock Law Office Map

Benton Office
17724 I-30, Suite 8
Benton, AR 72019

Toll Free: 866-311-3815
Phone: 501-588-4451
Benton Law Office Map

Heber Springs Office
307 West Spring Street
Heber Springs, AR 72543

Toll Free: 866-311-3815
Phone: 501-588-4451
Heber Springs Law Office Map

Conway Office
1237 Front Street
Conway, AR 72032

Toll Free: 866-311-3815
Phone: 501-588-4451
Conway Law Office Map

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