On behalf of Ellett Law Offices , P.C. posted in 1. Credit Card Debt on Monday, January 9, 2012 For the third straight month, ending in November 2011, consumer credit card debt increased according to the G.19 consumer report published by the Federal Reserve. Revolving debt increased 8.5% in November, totaling $798.3 billion, while non-revolving […]

On behalf of Ellett Law Offices , P.C. posted in 1. Personal Bankruptcy on Thursday, January 5, 2012 It is expected by many people attending collegiate or post-collegiate institutions that a large amount of debt will be accumulated. This is usually seen in younger age groups, but a new study indicates an increased amount of […]

On behalf of Ellett Law Offices , P.C. posted in 1. Personal Bankruptcy on Thursday, December 29, 2011 When someone enters bankruptcy, it protects the insolvent party from collectors by discharging the debt that is owed. The number of people filing for bankruptcy steadily increased from 2007 to 2010 until a small dip this past […]