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How to make your credit card debt more manageable

You may seem like you have it all: a good paying job, a nice home and several cars in South Carolina. Despite this, you may be drowning in so much credit card debt that you are losing sleep trying to figure out how to deal with it.

Though you may feel overwhelmed by the bills that keep racking up, there are things you can do to make them more manageable. Here is a brief overview of ways to lower your credit card debt. 

3 things credit card companies do not want you to know

If you are like many Americans, you probably rely on your credit cards regularly to get through the month. It can prove all too easy to pull out the plastic for purchases, because somehow, using that card makes it seem less like spending than when you hand over actual cash.

Perhaps this is why so many Americans find themselves drowning in overwhelming credit card debt, and that is just how the credit card companies like it. The longer you remain in debt, the more money they make in interest, and the primary  goal of these companies is a simple one: to make money. They often do so using sneaky measures, too. Here are several important things your credit card companies do not want you to know.

3 tips for forming and running an LLC

You want to open a new business but are not sure where to start. Forming a small business as a limited liability company, or LLC, is a popular choice for many people. You might consider this option due to the legal protections this business structure offers without the burdens of a corporation. The thought of creating and operating an LLC may seem daunting, but it can be done with the right help.

Of course, you will want to choose a business name and fill out your Articles of Organization, but the process requires more if you want to do it correctly. Read below for some helpful tips on starting your LLC with information from Forbes.

The differences between debt relief and bankruptcy

Debt relief and bankruptcy are two options for financial help if you are struggling with significant debt. Debt relief, sometimes called debt settlement, is a strategic negotiation process with creditors to pay less than what you owe. Chapter 7 bankruptcy wipes out your debt and chapter 13 bankruptcy consolidates your debt into a more affordable repayment plan.

Trying to start over financially can be a stressful and confusing process. How can you make the right decision? Read below for the benefits of debt relief and bankruptcy with information from the Federal Trade Commission.

The differences between debt relief and bankruptcy

Debt relief and bankruptcy are two options for financial help if you are struggling with significant debt. Debt relief, sometimes called debt settlement, is a strategic negotiation process with creditors to pay less than what you owe. Chapter 7 bankruptcy wipes out your debt and chapter 13 bankruptcy consolidates your debt into a more affordable repayment plan.

Trying to start over financially can be a stressful and confusing process. How can you make the right decision? Read below for the benefits of debt relief and bankruptcy with information from the Federal Trade Commission.

Choosing a business structure

So, you are ready to launch a business but are not sure what type of business structure would best fit your needs. Choosing the type of business entity to create has long-term implications and will factor in to how you pay taxes and how liable you are if your business suffers losses, among related considerations.

Different business formation types offer varying benefits and drawbacks, and what works best for one type of business may not do the same for another. For example, if you are operating a roofing company or something similarly dangerous, you probably want to choose a business structure that reduces your personal liability, such as a limited liability company. If, however, your business involves working at a desk out of your own home, you may face little risk, in which case a sole proprietorship may be more appropriate. These are business structure types.

Hundreds of prisoners receive commutations for drug sentences

Some South Carolina residents may have heard that Barack Obama commuted the largest number of sentences of any president in history. Of the total of 1,715 commutations, Obama issued 330 of those for drug-related crimes on the last full day of his presidency. He had struggled to reform harsh drug sentencing laws with little success, and the commutations were one aspect of that reform.

A commutation does not expunge a person's record in the same way a pardon does. In fact, some prisoners who sentences were commuted will not be leaving prison in 2017. One man, who has served 12 years of a 22-year sentence, will be released in 2019 as long as he enrolls in a residential drug treatment program. The man was sent to prison after being involved with his brother in a drug deal in which he and his brother were selling marijuana and cocaine. Although his brother sold the cocaine, he was charged with doing so as well.

Laws regarding drug manufacturing and cultivation

There are both federal and state statutes that prohibit the manufacturing or cultivation of illegal drugs, with some restricted exceptions in a few states regarding the production of marijuana. If convicted of drug manufacturing, South Carolina residents may be subject to stiff penalties.

If an individual is involved in any part of the illicit drug production process, he or she is considered to be manufacturing drugs. This can include selling specialized equipment to produce the drugs, selling precursor chemicals or simply volunteering to assist with the production of drugs.

High costs involved with DUI convictions

The South Carolina Department of Public Safety is engaged in an enhanced enforcement effort that is aimed at drunk driving during the 2016 holiday season. The stepped-up enforcement drive is scheduled to last through New Year's Day. As a part of its efforts, the department is airing a public service announcement in order to get people to think about the potential consequences of DUIs before they go out to celebrate.

The advertisement picks up from where the department's Labor Day commercial left off. It focuses on the financial costs associated with a DUI and shows a person as he goes through court. In 2015, 10 people were killed in South Carolina in accidents involving drunk drivers during the holidays. The National Highway Traffic Safety Administration reports that 301 people died in accidents involving drunk drivers in South Carolina during 2015.

Cardinals receiver Michael Floyd charged with DUI

South Carolina pro football fans may have heard that Arizona Cardinals receiver Michael Floyd was charged with DUI on Dec. 12. The incident occurred at 2:48 a.m., just hours after the Cardinals lost to the Miami Dolphins in Florida.

According to the Scottsdale Police Department, officers found Floyd, age 27, slumped behind the wheel of his car with the engine running. He was arrested and charged with two counts of DUI, one count of failure to obey a police officer and one count of obstructing a roadway. He was released from custody a few hours later.

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