Considering Bankruptcy?Know Your Alternatives
There’s no one right way to do a household budget. It doesn’t really matter how you do it, just as long as you do it. However, be careful you don’t fall into some of these common traps. Not planning for yearly expenses. When you make your budget, you put in your monthly expenses—groceries, electric bill,… Read More »
So, you’ve made an appointment for a consultation with a bankruptcy lawyer. Congratulations on taking the first step towards financial freedom! After you take some well-earned time to pat yourself on the back, you should start prepping for your visit. Do not go to your consultation meeting empty-handed. The more prepared you are, the more… Read More »
Many times people find themselves in financially distressful situations but are not exactly sure how they got there. Often times it is a combination of factors that leads to this type of situation. If you are able to recognize this early on, you may be able to avoid the consequences that come with these dangerous… Read More »
Even though the holidays are over, it’s never too early to get ready for next year. During the holidays, many people fall into debt, but with careful planning, you can get through without financial worry. I recently spoke to the Daily American newspaper about the growing problem of holiday—and everyday—debt. If you find yourself falling… Read More »
In October 2011, the Obama administration announced additional steps to try and help people lower their mortgage payments by allowing more of them to refinance—even if they owe more than their property is worth. The White House is taking these steps because of today’s financial climate, where many people are in debt and unable to… Read More »
Once you have gone through the bankruptcy process, and come out safely on the other side, remember that you’re not quite done yet. There is still work to be done in getting on the right financial track. Bankruptcy can be a great opportunity to develop new, good financial habits and avoid some known credit pitfalls…. Read More »
A Message from Attorney Harold Shepley: I know how you feel because I have been there. I have been through the gambit of emotions just like you are going through. I also know that sometimes realizing you are not alone can make all the difference. I too have found myself between jobs and barely able… Read More »
The dictionary defines debt as: something that is owed or that one is bound to pay. We have all been in some form of debt at one time or another. People accumulate debt for many reasons. Here are just a few: Job loss Medical bills Exhausted unemployment benefits Divorce/separation Victim of predatory lending Underemployment or… Read More »
“We’ll help eliminate your debt!” “Free credit counseling!” “We’ll get you debt-free!” “Get relief for just pennies on the dollar.” Sound familiar? If you are having money troubles, commercials and ads like these might seem like the answer to your prayers. But is there more to this story than meets the eye? You might assume… Read More »
Home equity loans can fix short term cash flow issues. If you need a large sum of money for things such as a child going off to college, a wedding, or home repairs, accessing the equity in your home might be an option, but buyer beware. Let’s examine why. Two initial problems immediately come to… Read More »
