Believe it or not, you and I have a lot in common with the multi-million-dollar earning athletes. We all have to follow the same rules of money health. Pay attention to the amount you spend, keep track of your expenses, and spend less than you
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No Cookie-Cutter Cases!
In many consumer bankruptcy law firms, the overriding idea is to get as many people to “sign up” as possible. And, with that approach, the bigger bankruptcy firms, especially in large metro areas, become “bankruptcy mills”. The attorneys are mostly young, and the firms advertise
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How Can Rap Star “50 Cent” be in Bankruptcy?
None of us “regular people” can relate to the amount of money that rapper 50 Cent (Curtis James Jackson III) makes on his songs, concerts and CDs. If he makes so much money singing, and endorsing products, why is he in bankruptcy? In July, he
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Bankruptcy Relief- Your Tax-Free Lunch!
Have you heard of the saying, “There ain’t no such thing as a free lunch”?. Well, in the case of bankruptcy debt relief, there is! If you file bankruptcy, your debt is eliminated. So, you have to pay tax on the debt you got rid
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When do Debts Fall Off My Credit Report?
This is a common question. Many people who fall behind in paying their bills end up having a long credit history full of unpaid debts that just won’t “go away”. Or, a business owner may have a lingering debt from the past, and hopes it
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Parents of College-bound Students- Prepare for YOUR Test- The FASFA! Avoid Crushing Debt!
One of my jobs as a bankruptcy attorney is to counsel people on how to handle student loans. The first line of defense is to borrow as little as possible. Plan ahead, and you can get more financial aid for your child, and less student
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Hello Old Debt– Why does it Stay, Just a Little Bit Longer?
How long does bad credit history stay on your credit report? There’s a short answer and a long answer. The short answer is most negative information, such as Judgments, collection accounts, paid tax liens, and late payments, can stay on your credit report for 7
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Call Me Maybe? Hey I Don’t Know You, and This is Crazy! IRS Phone Scam!
Carly Rae Jepson sings, “Hey, I just met you, and this is crazy, but here’s my number, so call me maybe”. Do you see the trouble? She gives her phone number to a total stranger! That’s exactly the trick—you don’t know them, but somehow, they
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Will Winning the Lottery Fix Your Money Problems?
We have seen “Lotto Fever”. Millions of Americans plunking down their hard-earned money for over 1.5 Billion Dollars, or a share of that, before taxes. And, we do that in the hopes of solving our money problems, and being “set for life”!!! Did you buy
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Warning! Danger! Loan Sharks Online!
Remember the good old days when, if you needed money, you’d go to your local banker? Like in the movie, “It’s a Wonderful Life”, you’d go to the corner Savings and Loan, and borrow money from the Baileys to buy a home, and for whatever
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