If you have overwhelming student loan debt, there are some options to try to get the student loan debt under control. I wrote about some of them in my 2012 blog post, “Having Problems Paying Student Loans- You’re not Alone!”. Just recently, President Obama, by
Read More
What Flavor is Your Financial Situation?
Summer is here, and if you want to cool off, you think of ice cream. What flavor do you pick? Vanilla? Chocolate? Rocky Road? Think about your financial situation the same way. Is everyone’s situation plain vanilla, or does the person’s situation come with chips,
Read More
Top 5 Financial Tips for Small Business Owners
By the time many small-business owners see me, they have exhausted any way to stay out of money trouble. But, life happens, and businesses can run into problems along the way. Small business owners may end up getting lawsuits, bill collectors calling, or tax problems.
Read More
What to Do if a Creditor Gets a Court Judgment Against You?
If you’ve been dealing with debt for a while, and you just haven’t kept up, odds are that one or more of your creditors (companies you owe) will get a judgment in court against you. A judgment is a court officially saying that you owe
Read More
Dealing with a Financial Crisis— Don’t Get Payday Loans!
Many clients that I see have tried everything to avoid bankruptcy. And, that’s sometimes a good strategy. But, in their desperation, they go to the modern-day loan sharks- payday and title loan companies. Sounds good, right? Just get some money to tide you over until
Read More
We Can Help You with Student Loan or College Debt—It is Not Hopeless!
In 2012 I wrote a blog article about how difficult college graduates are finding it to pay their student loans. Paying student loans is still one of the biggest problem facing today’s millennials – people in their 20’s and 30’s–right now, is student loans. As
Read More
The Bankruptcy Automatic Stay— Your Superhero! Protects and Collects for you!
The bill collectors are calling nonstop, and are starting to call at all hours of the day. You talk to a bankruptcy lawyer, and review your options. If you end up filing for Chapter 7 or Chapter 13 Bankruptcy, Federal Bankruptcy Law gives you a
Read More
What is an Adversary Complaint in a Bankruptcy Case?
An adversary complaint is really just a legal term for a lawsuit filed in a Chapter 7, Chapter 11 or Chapter 13 bankruptcy case. When you file a bankruptcy case, you are “Petitioning” the US Bankruptcy Court for relief from your debts. In return, creditors
Read More
Chapter 13 Debt Limits as of April 1, 2013—Can I file Chapter 13 Bankruptcy?
When people need to reorganize and repay their debts, they turn to Chapter 13. Chapter 13 Bankruptcy allows people to catch up on house or car payments, and is a consolidation of all personal debts. Sometimes, people have so much debt that they can’t qualify
Read More
New State Median Incomes for Bankruptcy Means Test as of April 1, 2014—What Does That Mean?
The U.S. Department of Justice has announced the new State Median Incomes to be used with the Bankruptcy Means test. This figure is based on the size of your family and where you live. In general, if your family is below the median, you would
Read More
