Bank finance articles and tips

It is not uncommon for a person who is preparing to file Chapter 7 bankruptcy to question whether or not they should continue to try and pay their bills. Most people that are in the position of filing bankruptcy are already behind on many of their bills. They may only pay the bills they feel are the priority while letting the other ones fall behind. When getting behind on your bills the credit card companies in particular, are notorious for harassing people almost immediately. They constantly call, send notices, write threatening letters, and use aggressive collection companies faster than some of the other creditors are known to do. Credit card companies take legal action faster than it would take for the individual's mortgage company to foreclose on their home, so many people send them money to make them go away. Plus, the credit card companies know that the squeaky wheel gets the grease and they know very well that the debtor just wants the annoying calls to stop so they send money to the creditor over some of the others, such as the mortgage company....