gmcnutt's blog

Most people have at least one bank they are loyal to and usually you will have multiple types of accounts with that bank.  I am sure that whatever bank you currently do business with offers you incentives and seemingly great deals to open other types of accounts with them.  The new account could be a credit card, car loan, a mortgage or home equity loan, or home equity line of credit.

Most of you have received or will be receiving all the important tax documents like your W-2s and 1099s in the mail at this time of year so that you can start preparing your 2014 tax returns yourself or have a professional prepare them for you.

So what happens if you receive a 1099-C in the mail and you have already filed for bankruptcy protection?

I get asked this question a lot and it is because many people truly believe that after filing bankruptcy that they are going to lose all their assets they currently own and/or they have to wait a period of time to acquire an asset after filing.

The impact of a car accident may be emotionally and physically devastating.  It is even more devastating when it has been determined the car accident was entirely or even partially your fault.  What happens when you are underinsured or not insured at all at the time of the accident?

In my last blog article, I explained that taxes are dischargeable in bankruptcy if they meet the following requirements:

When I am meeting with clients, I often get asked the following question “Do I still owe the debt on my credit report that is listed as charged off?”

Unfortunately, the answer is “Yes” you still owe old charged off debt.

Beware of deceptive practices by your mortgage company while you are going through a foreclosure.  Mortgage foreclosure is a duel-track system.

A first aid kit is a very important thing to have around and we should all have one in our home, workplace and in our vehicles.