Financial education in our school system may help our younger generation avoid financial problems or filing for bankruptcy.
Are You Judgment Proof?
If you do not have attachable assets or income, then you may be judgment proof. When you are judgment proof, a creditor cannot touch your assets or income.
Can You Be Sued for Credit Card Debt?
Can a credit card company file a lawsuit against you if you fail to make the payments. In California a credit can file a lawsuit against you.