Debt Relief Temporary As the crisis will be. But, temporary could be -???- we don’t know. Just today Michigan’s governor announced a suspension of tax foreclosures. Mortgage foreclosures and evictions had already been suspended,. The big national mortgage companies are considering their own moratorium. A...
As this bankruptcy blog has always said, bankruptcy should be a last resort. Bankruptcy Alternatives Having someone else pay your bills – hey, it works! RIP Medical Debt collects funds from donors. Then it works with third-party credit data providers and looks through bundled debt...
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Well, I have not run into this one, but it jives with what I see. “kicking the trade” Ms. Parks, 63, says employees told her that she couldn’t trade in the Soul but that she could buy another car. To get rid of the Soul,...
Debt collectors are largely what drives folks to the scam debt relief companies. Beware online and telephone solicitations! If it sound too good to be true – guess what? – it is! It is the dark side of the Force! Debt Relief Scams I think...
Are debt problems making you sick? Like the pumpkin picture? You are not alone. “The cost of debt shouldn’t be measured by interest rates alone,” said CarefulCents editor Brian J. Roberts. “There is a psychological cost to be paid as well.” Key findings of our...
Short answer: No. There is no age requirement. I see lots of senior citizens, older even than me, with debt problems that bankruptcy solves. No need to if you are judgment proof, that is, only pension/Social Security for income, no house, no vehicle. Why Would...
I’m glad you asked! This question prompted by a client call today from someone unhappy with the bankruptcy mill firm he had met with and paid some money too. “I can’t get the same person to talk to! Different person every time I call!” Yup....
Debt related stress is real, and why not? By the end of 2018, Americans owed nearly $900 billion on credit cards alone. To put that in perspective, just before the recession, credit card debt peaked at $792 billion. And from the same Motley Fool story:...
I would say having $660 per month income with . an $809 car payment qualifies as a debt trap. Ben Eiden and AnnaMaria Andriotis of The Wall Street Journal broke this story down a few weeks ago. But an employee at Mac Mitsubishi, a dealership...