Mar 17, 2017 | Blog, Chapter 128, General Bankruptcy
April 15th is an important time of year. Income taxes are due by April 15th. Leonardo Da Vinci was born on April 15th. But the reason we want to bring this to your attention is because April 15th was the last date of the energy shutoff moratorium in...
Mar 17, 2017 | Blog, Business Debt, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Declaring Bankruptcy, Financial Problems, General Bankruptcy
One of the least asked questions startup entrepreneurs ask themselves is, “What will I do if the business has financial problems?” There are lots of seminars and courses that talk about business plans, marketing, operations, and accounts receivable management, but...
Mar 17, 2017 | Blog, Foreclosure, General Bankruptcy, Mortgages & Foreclosures
The pros and cons of a 30-year mortgage loan is a discussion I often have with my clients. They are often shocked by the amount of interest they will pay over a span of 30 years. My suggestion, though, is to get the longest possible amortization. The longer the...
Dec 22, 2016 | Blog, Business Debt, Credit & Credit Scores, Creditors & Credit Cards, General Bankruptcy
I have not heard from the credit card company I owe for a long time. Should I still file bankruptcy? Probably not, although you should make sure that you could file a bankruptcy promptly if the need arises. I spoke with a client earlier this week whose only...
Dec 8, 2016 | Blog, Debt Collection, Financial Problems
A 2014 report on holiday shopping plans and finances found that about 55% of the respondents reported that money was their main source of stress during the holiday season. Despite this, more than half of those people planned to use their credit cards for holiday...
Sep 21, 2016 | Blog, Credit & Credit Scores, Creditors & Credit Cards, Declaring Bankruptcy, Financial Problems, General Bankruptcy
We don’t talk about things that make us feel uncomfortable, and many people are very uncomfortable talking about their financial problems. Often, people with such problems will hide all evidence of financial distress. Some people do this with a misguided sense of...
