There are so many credit cards on the market and so much information circulating about which card to choose that it is easy to be overwhelmed. What should you pay attention to, cash back perks or interest fees? What benefits are best for you in the long run? What happens if you fail to pay…
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If you have good credit and your spouse-to-be doesn’t, you’re likely wondering if your good credit will be impacted. In reality, getting married does not necessarily affect your credit. Contrary to popular belief, you will not automatically take on your spouse’s bad credit and past debt. However, if you open a joint account and add…
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Joint credit accounts are commonly pursued by individuals looking to strengthen their credit but need another to do so. Parents often open accounts with their teenagers so that they can start building their credit score from early on while couples use them as a way to mutually manage finances. With a joint credit account, both…
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Vacation is all about relaxing, but that can be hard to do when we have to think about the budget constantly. With accommodations, dining, transportation, and numerous other unintended expenses, many people end up in the hole for a long while after their vacation has ended. Are you hoping to avoid a budget-busting vacation? Explore…
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Plenty of people aren’t aware of the interest rates on their credit cards, which means they also don’t notice when their rates go up. There are a few ways that the interest rate on your credit card can change. Either the issuer decides to change the price or the index, or the card’s interest rate…
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Anyone considering marriage must consider the long-term effects of their partner’s financial risks, as well as their own. For example, getting married can affect the value of loan payments and any tax breaks that result from loans. This rule applies to student loans as well. Any couple preparing for marriage should first consult a professional…
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It’s standard practice for the IRS and state tax agencies to withhold tax returns from those who owe severe debts to creditors. These agencies will also hold on to the tax refund of a spouse, even if the spouse isn’t in debt themselves. Individuals that are in danger of losing their tax refund because of…
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Creditors have a myriad of choices when they need to collect a debt from an individual. When all other attempts to collect the debt are unsuccessful, creditors often demand that a debtor’s wages be garnished or deducted. Wage deduction is the last option for debt collectors. Debt collectors will work with a debtor’s employer to…
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When a creditor takes a person who is heavily in debt to court, there are two distinct stages to expect. First, there’ll be a court judgment to quantify the total amount of money the individual owes the creditor. The next stage will be the creditor seeking a judgement against the debtor for the amount owed.…
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Owning a home is the epitome of the American Dream. Having a piece of property in your name can be the best feeling but also the worst once you realize the financial obligation that comes along with it. Unless you have a few hundred thousand dollars laying around, you most likely took out a loan…
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. Heather Weis | Benveniste Law Offices Call us 847-849-1163