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The Automatic Millionaire by David Bach Tuesday, January 31, 2006 Credit cards are a wonderful convenience, but they can also be financial quicksand if you don't know how to use them properly. Unfortunately, most of us don't.

Overall, American families have an average of 7.6 credit cards each, and consumers as a whole owe around $800 million in credit-card debt, which works out to more than $9,000 per card-carrying household. No wonder only 4 out of ...   more »

Blog sponsored by Bankrupt-Law.com


The Budget Reconciliation Act (S. 1932) passed by the House of
Representatives on a vote of 216-214 this afternoon includes fee increases
for various court filings, including bankruptcy filings. The Senate
previously approved the measure and it now goes to the President for his
signature (we expect President Bush to sign the bill into law this week).
The increase is effective 60 days after the bill is signed into law.

The bankruptcy filing fee increases are ...   more »