DO you wish you had less credit card debt than you currently owe? Have you charged more than you can afford to pay? Are you frustrated with the fact that your balances never seem to go down after having paid religiously for years? Do you feel hopelessly trapped in credit card debt? Credit cards are…
ARE you being harassed by your creditors day and night due to unpaid bills? If you are, you know that this is a pretty unpleasant experience. You may feel scared, angry or embarrassed about your situation. The prospect of debt relief through bankruptcy may sound appealing to you but you are not quite sure if…
YOU’RE doing fine. You’re paying your bills on time and you have your debts under control. You’ve even managed to set aside a bit of savings in your bank account. You’re happy and life is good- at least for a moment. Then one day you find yourself in a big financial mess. You’ve used up…
I WAS counseling someone the other day in my office. He looked shocked and confused as we sorted through all the credit card statements on my desk and added up how much he owed. $65,000! That’s how much the statements said he owed! How could this be? He said he remembered paying a lot of…
I WAS counseling someone the other day in my office. He looked shocked and confused as we sorted through all the credit card statements on my desk and added up how much he owed. $65,000! That’s how much the statements said he owed! How could this be? He said he remembered paying a lot of…
NO ONE ever likes to talk about bankruptcy. However, it’s simply a fact of life. Things happen. Whether it’s losing your job, going through a divorce, having huge medical bills that you can’t pay – or sometimes simply making poor financial decisions- any of these can lead to bankruptcy. It’s a scary thing to a…
NO one ever likes to talk about bankruptcy. However, it’s simply a fact of life. Things happen. Whether it’s losing your job, going through a divorce, having huge medical bills that you can’t pay – or sometimes simply making poor financial decisions- any of these can lead to bankruptcy. It’s a scary thing to a…
WHILE I have written this article especially for small business owners, everything I say here will also apply to everyone who is going through a financial crisis. So, whether you own a business or not, if you are having financial problems, keep reading. Is your business currently up to its neck in debt and you’re…
IF YOU are buried in debt, you may be feeling trapped at the moment with no way out. You realize you need help but don’t know where to go for help. You may even be embarrassed about your situation that you find it uncomfortable to turn to family and friends for help. So you try…
WHEN debts spiral out of control, bankruptcy can become an invaluable financial recovery tool in stemming the tide and getting you back on the right track. Without the “fresh start” that bankruptcy provides, it would be impossible for a lot of people to ever pay back what they owe and they will simply remain stuck…
AS WE continue to go through turbulent economic times, a lot of people are in a state of panic and anxiety. Thousands of families are overwhelmed with the difficult choices and situations that they face. The questions that I am often asked are: “Will my family’s increasing debt load result in bankruptcy?” “What happens if…
A LOT of people who find themselves at the end of their financial rope wonder about how they could rebuild their finances again. Out of desperation and in an effort to avoid filing bankruptcy, they use up all their savings and deplete their retirement plans hoping to survive from month to month until “things get…
“If you have filed bankruptcy before, you may be wondering whether it’s possible to do it again. Generally, the answer is that you can file bankruptcy as often as needed BUT subject to some limitations.” I’VE been asked this question a few times lately so I decided to write an article on it. If you…
THE last few years have been financially difficult for a lot of people. When the real estate marked crashed a few years ago, millions of people found themselves with a mortgage they could not afford. A lot of people simply walked away from their homes out of desperation in some cases, they were forced out…
EVERY day, I meet with a lot of people who are sick and tired of being in a financial mess but they are unwilling to pay the price of being debt-free. What do I mean by this? In this week’s article, I will tell you exactly what needs to change in order for you to…
YOUR debt problems may be undeniable. You know they are there and they will not go away until you do something about them. Perhaps at some point, you took the first step towards a resolution but failed to follow through. This week, I received a frantic call from a woman who found out that her…
LIKE most people, you’ve worked hard and have done your best to pay all your bills on time. But in life, at one time or another, we all find ourselves in a situation where debt can be overwhelming. Many people feel hopeless and powerless over their debt problems. Debt problems can easily spill over into…
FACING serious debt problems can be depressing to a lot of people. It may seem like the end of the world. You may feel angry, depressed, guilty- or a combination of all three. You may even be blaming yourself for making the decisions that led you to your present situation. I’m here to tell you,…
TOUGH financial times are pushing strapped consumers over the edge. Delinquencies and balances on delinquent credit cards are on the rise with no signs of slowing down. Faced with layoffs and difficult economic times, a lot of people are resorting to use of their credit cards in order to pay for basic living expenses such…
WARNING: If you are concerned about not having enough money to live on by the time you retire, you may find the following totally shocking: According to the Social Security Administration, if you took any 100 people at the start of their working careers and follow them for 40 years until they reach retirement age,…
ARE you having trouble paying your bills every month? Are you being harassed by bill collectors who will not leave you alone no matter how many times you tell them that you have no money to pay? Are you worried about being sued by a creditor, losing your home or your car? Are you afraid…
YOU already know that your home is in foreclosure. You’ve received that dreaded Notice of Default. You know that after 90 days, your home can be scheduled for a Trustee Sale. You don’t have a lot of time left. Your home with all its memories, hopes and dreams will be gone. What are you going…
IF YOU are in debt and are seriously considering bankruptcy as an option, I am sure a lot of thoughts are going through your mind. I just want to get out of debt and start over but how quickly can I recover from bankruptcy? What are the different types of bankruptcy available? How do I…
WHEN people are going through financial difficulty and are unable to pay their bills, their first reaction is often to ignore their debts and avoid contact with creditors. They think that by doing this, somehow the creditors will simply give up and go away. Then one day the problem blows up in their face. Then…
DO you dream of simplifying your life, reducing your stress and regaining control of your financial future? Everyone dreams of living a debt-free life and yet we know that today, so many people are drowning in debt that they don’t even sleep well at night. If you are one of these people, perhaps you are…
I KNOW we’ve never met. But there’s a common concern we all share. As a debt relief attorney, I hear it from people who consult with me everyday. It is this: The possibility of losing what we’ve worked hard for all our lives…our homes, our savings, our retirement money, our business, etc. Why is this…
Facing serious debt problems can be depressing to a lot of people. It may seem like the end of the world. You may feel angry, depressed, guilty- or a combination of all three. You may even be blaming yourself for making the decisions that led you to your present situation. I’m here to tell you,…
Many factors lead to financial problems and bankruptcy. While there are things that are simply beyond your control (example: sickness, disability, unemployment, etc.), a lot of bankruptcies are also a result of poor financial management. A lot of people are embarrassed to admit this but it’s true. When it comes to handling money, there are…
EVERY day, I meet with a lot of people who are sick and tired of being in a financial mess but they are unwilling to pay the price of being debt-free. What do I mean by this? In this week’s article, I will tell you exactly what needs to change in order for you to…
HAVE you ever faced a situation in your life where you needed help so badly but you were just too afraid or embarrassed to ask for it? Perhaps you felt confused and overwhelmed with the problem that you spent sleepless nights trying to figure out what to do. As a bankruptcy attorney, over the years…
