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July 2013 Archives

Not to worry; 401(k) protected in Arkansas bankruptcy

Perhaps one of the most dangerous things a person in Arkansas can do in the depths of financial crisis is start to ask "what if" without taking the additional step of consulting an experienced bankruptcy attorney. Posing such a question without the benefit of input form an impartial party only tends to make an already stressful situation worse. That's not the condition to be in when trying to get a handle on debt management.

More young Americans are without credit cards, have less debt

Glance around at all the young people around and you're not likely to see them without a cellphone or a smartphone. You also likely won't seem them without some form of plastic payment card. But what may surprise a lot of Arkansas readers of this blog is that more and more of that plastic doesn't represent credit cards. Debit cards, perhaps. But not credit cards.

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