Staff Writer
Maureen Milliken
Maureen Milliken has been writing about finance, banking, investment, entrepreneurship, real estate and other related topics for more than 30 years. She started as the “Business Beat” columnist for the now-defunct Haverhill (Mass.) Gazette and currently is one of the hosts of the Mainebiz business-focused podcast, “The Day that Changed Everything” in addition to her daily writing. She also is is the author of three mystery novels and two nonfiction books.
Most people who file for bankruptcy because of personal debt file Chapter 7 bankruptcy, a four-to-six month process that, in theory, “liquidates” a person’s assets to pay off their unsecured…
Keeping their car is one of the top concerns of people who file for bankruptcy – even more than keeping a house, one study revealed. For most people in financial…
A Chapter 7 bankruptcy usually takes about four to six months from filing to final discharge, as long as the person who’s filing has all their ducks in a row.…
If you’re overwhelmed by debt, bankruptcy may seem like a great solution. Get rid of the debt, the letters, calls and threats from collection agencies, the sleepless nights, and start…
Bankruptcy is a huge financial step, but it’s one that, in most cases, allows you to keep your home. But, while there are ways to protect your house when filing…
Credit card refinancing is an umbrella term for ways to pay off the debt on high-interest credit cards faster and with less interest. If you’re concerned about high-interest credit card…
Household debt in the U.S. was a record $14.6 trillion for the first quarter of 2021, which seems like a lot of debt and it is. If you stacked that…
Americans were already struggling with medical debt before the COVID-19 pandemic, and, largely because of record-setting unemployment in the last six months, the issue is expected to get worse. About…
Your company sent everyone home when the pandemic began last March and now that is your workplace so you’re probably wondering if that means you’re eligible for some serious tax…
You’ve filed for bankruptcy, but could really use that tax refund you expect this year. You’re not the only one who wants it. Odds are the bankruptcy trustee is also…
You want to get out from under that mountain of debt, but are worried debt consolidation will hurt your credit. It’s a valid concern. You want to solve the problem,…
The number of people losing their jobs because of the COVID-19 pandemic continues to skyrocket at a record pace. Part of that number are those who are on “temporary layoff,”…
Online lenders are not all the same. Some have different digital tools, some have lower rates. Borrowers aren’t all the same either, so check out different lenders to determine which…
Buying a home in Florida can be challenging. Supply is tight, and demand and prices are on the rise. If you’re a first-time Florida homebuyer, navigating the process, particularly the…
Paying down a credit card balance can seem impossible, especially if you’re paying 20% or higher interest on your bill every month you don’t pay off the balance. When that…
You need a car and don’t have the cash to buy it outright, but the thought of financing a car loan has your wheels spinning. There are so many options,…
Collecting, calculating, reporting and paying sales tax continues to be one of the most confusing — and sometimes annoying — aspects of running a small business. The issue has only become…
Foreclosure means a lender is looking to take possession of a home when the borrower – the homeowner – isn’t making payments on the mortgage loan used to buy it.…
Is there a fourth stimulus check on the way? The success the federal government has had in helping Americans endure the economic disarray caused by the COVID-19 pandemic has prompted…
As the COVID-19 crisis drags on and unemployment spikes to unprecedented levels in the U.S., individual debt burdens can feel more overwhelming than ever. On top of it, as many…
With a stunning 36.5 million and counting Americans out of work because of the COVID-19 pandemic, there are a lot of people scrambling to pay their bills until they have…
Americans suddenly out of work because of COVID-19 are filing for unemployment in unprecedented numbers, but a bright spot on the employment front is that some businesses are hiring, both…