So you are in over your head and the bills are starting to pile up. You may have a lien on your bank account, your wages are being garnished or creditors simply won’t stop calling. Your car has been repossessed or you have been hit with a foreclosure. Whatever the case, you are fed up and
Student Loans: The Percentages Tell The Tale
It’s no secret that the looming student loan debt bomb is ready to explode and become this country’s next financial crisis. Approximately 37 million Americans are stradled with student loan debt. Dissecting the numbers gives us a more accurate picture of this pending crisis and provides clues as to what we can do to douse
Q&A: Will Bankruptcy Ruin My Credit?
Here we have the most popular question posed by potential clients. No, there is no scientific data to back that up, however, it’s as true as the sky is blue. Without fail, almost every person I speak with asks, “Will bankruptcy ruin my credit?” If they don’t ask this exact question, it is some derivative
Student Loans and Bankruptcy: New Laws On The Horizon?
It is incredible to think that there is now more student loan debt in this country than credit card debt. In a report last month from the National Association of Consumer Bankruptcy Attorneys (NACBA) entitled The Student Loan Debt Bomb, it was pointed out that outstanding student loan debt now exceeds one trillion dollars. Like the mortgage meltdown,
Your Fresh Start Is A Two Way Street
If They Can Do It, You Can Do It What do Abraham Lincoln, Henry Ford and Walt Disney have in common? Yes, they were motivated, driven, passionate individuals, each with their own vision. Without a doubt, these three individuals left their mark on the world we live in. However, the abolition of slavery, the affordable
Is Bankruptcy Wrong? Adjusting Your Moral Compass
If I had one dollar for every time a prospective client asked me: “Am I a bad person? Is this wrong?” …well, I would certainly be able to help many of those same people avoid the situation that they found themselves in. Ultimately, the question these people are asking themselves (and me) is whether filing