Debt Relief

An estimated 7,174,604 people live in Massachusetts, making it the 15th most populous state in the country. The average annual mean wage is $72,940, but many residents face major financial problems. Approximately 9.4% of Massachusetts residents live in poverty (the eighth highest in the country). Along with this, the average debt per capita is a …

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Home to 3,380,800 people, Utah is known for its diverse, beautiful geography, unique culinary scene, Sundance Film Festival and thriving Mormon community. For residents, the average personal income is $53,400, while the average individual consumer debt is $71,900. The overall poverty rate is 8.9% — the second lowest in the country. While Utah is a …

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Dealing with a creditor or calls from debt collectors can be stressful. When this happens, you may be tempted to resolve the situation as soon as possible by paying the account. But what if the debt isn’t yours? Don’t simply agree to pay it. Here’s how to prove a debt is not yours — as …

Four Ways to Prove a Debt Isn’t Yours Read More »

At the last census, the population of Iowa was 3,200,517. On average, Iowa residents earn a personal income of $51,140 and owe $43,120 in consumer debt (excluding mortgages). The state is ranked 20th in terms of overall poverty rate with 11.2% of the population living under the federal poverty guidelines. Whether you live in Iowa …

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As of July 2022, an estimated 11,756,058 people called Ohio their home. The average Kentucky resident makes $53,170 a year (mean wage) and owes about $41,740 in consumer debt (not including mortgages). Just over 13% of Ohio residents live in poverty — this makes Ohio the 36th highest in terms of its poverty rate. If …

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Credit card use continues to soar even as the interest rates have risen dramatically, often exceeding 20%.  The Consumer Financial Protection Bureau (CFPB) estimates that outstanding credit card debt will continue to set records and may even hit $1 trillion. If you’re struggling to make your monthly payments and it seems like your credit cards …

Stuck in the Debt Trap? These 11 Debt Relief Programs Can Help You Break Free Read More »

Millions of Americans have debt that is spiraling out of control. They have to deal with the daily struggle of deciding whether to pay bills, buy food, pay their medical debt, or get their car fixed. No one should face these decisions, especially if you have had an accident, lost a job, got a divorce, …

Debt Settlement Attorneys: Do You Need One? Read More »

According to newyorkfed.org, total household debt surpassed $16 trillion in the second quarter of 2022. Meanwhile, mortgages, auto loans and credit card balances increased by $312 billion. Balances now stand $2 trillion higher than at the end of 2019, before the start of the COVID-19 pandemic. Chances are, you are one of those with ballooning …

Debt Settlement Pros and Cons: What’s the Risk vs. Reward? Read More »

You may have heard that all it takes is a simple 11-word phrase that instantly makes debt collectors stop in their tracks. But will that actually work? Probably not. Are debt collectors calling you nonstop? We may be able to help. It’s easy and free to find out. Disclaimer: DebtHammer may be affiliated with some …

Will This 11-Word Phrase to Stop Debt Collectors Actually Work? Read More »