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Federal Reserve numbers show decreases in credit card debt

On behalf of Macco Law Group, LLP | Oct 22, 2014 | Credit Card Debt, Credit Card Debt 1, Firm News

Even though the recession may be officially over, many people–especially New York residents–carefully watch financial indicators to assess the strength of the economy and whether the rebound will continue. Statistics relating to credit card debt are...

Homeowners have more ways to stop foreclosure than they think

On behalf of Macco Law Group, LLP | Oct 17, 2014 | Firm News, Foreclosure

Financial challenges are always tough for New York families. Worrying about which bills to pay, dealing with the harassment of debt collectors and creditors, and trying to find ways to improve their financial outlook can all take a serious toll of families’...

What are the differences between Chapter 13 and Chapter 7?

On behalf of Macco Law Group, LLP | Oct 10, 2014 | Firm News, Personal Bankruptcy, Personal Bankruptcy 1

Chapter 13 and Chapter 7 both provide debt relief for consumers who are no longer able to meet all their financial obligations. There are some key differences between the two types of bankruptcy, however. Knowing how the two types of personal bankruptcy differ will...

Federal statistics show rising household credit card debt

On behalf of Macco Law Group, LLP | Oct 1, 2014 | Credit Card Debt, Credit Card Debt 1, Firm News

The effects of carrying large amounts of credit card debt can reach far beyond the expenses of significant interest charges or negative consequences on a person’s credit score. Financial strain can be incredibly taxing and stressful for individuals and families,...

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Recent Posts

  • How can you manage your credit card debt?
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