… approaching and many consumers are choosing to use their debit cards instead of a credit card this Christmas season. But despite their apparent safety, there are a few precautions you need to take to make sure that you don’t end up in debt despite avoiding credit cards this Christmas.

Keep close track of your spending. While debit cards are a lot better than credit cards in terms of avoiding interest, fees and debt that you need to repay, debit cards have their own set of pitfalls, …

Tags: Christmas Debit Cards Overdraft

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… worsens many Americans are finding it difficult to fund the things they want or even need.  Christmas is right around the corner and if you don’t want to charge up a pile of credit card debt, you need to get another plan for paying for those Christmas gifts.  Layaway plans offer a great opportunity to pay for your Christmas gifts while keeping your budget and credit card debt under control.

How Layaway Works

Retail stores allow customers to pay for items over time. The customer …

Tags: Christmas Credit card Kmart Layaway Marshalls TJ Maxx toys-r-us

It’s Christmas time again and many Dallas- Fort Worth residents find themselves financially stretched. Buying gifts for family and friends can often completely deplete bank accounts, credit cards and even the kid’s piggy banks. Unfortunately for many, when January 1st rolls around, they still have the mortgage /rent to pay and other necessities, often forgotten while wrapped up in the spirit of …

… many retailers are on the brink of Chapter 11 bankruptcy and this year’s back-to-school and Christmas season may send them over the edge.

The article said

“I expect that the numbers of bankruptcies are going to increase throughout the year as retailers now have to start spending money to increase inventory for Back-to-School and the Christmas season and they don’t have the necessary funds,” said Matthew Bordwin, managing director at KPMG Corporate Finance, who works with …

… as a gift with a value of less than $200. For example, giving your mother a $300,000 house for Christmas would not fall under the "small customary gift" definition; but if you gave your granddaughter a $150 doll house, this gift would probably fall under the $200 value according to the bankruptcy law.

Before you transfer or give anything of value to someone before filing for bankruptcy speak with you Dallas-Fort Worth bankruptcy attorney first. Any property transferred to …