Another Hit to Retail, Payless Files Chapter 11 Bankruptcy

All of this adds up to traditional retail that was unprepared for shifts in consumer attitudes, rising wages, online availability of everyday goods, crappy community planning, and vulture capital greed. The retail crunch is going to leave a lot of people holding the bag, still with bills to pay, families to feed, and needs to cover.

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Making Student Loan Payments After Losing Job

If you can’t obtain a deferment, you may be able to obtain a forbearance. Forbearance means that you would be able to stop paying or reduce your payment for up to one year, however, interest would continue to accrue on your balance.

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How to Survive Debt After Losing a Job

 Just when you think that you’re doing all right, something happens. You think that you can deal with your debt, maybe you’re already paying it down and improving your credit rating. Then the bottom falls out – the job that pays your debt pays your bills and pays your rent is gone.

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