Blogs

While many people hope to never need to file a Bankruptcy case, it is important to remember that the process of bankruptcy is a legal and financial tool that is designed to help individuals and families recover from economic hardship.  As such, knowing the limits on how often you are able to file a bankruptcy case is valuable financial planning information.

Many of our clients come to see us after they have visited their accountant or tax preparer, believing they were going to receive a nice refund only to find out they owe Uncle Sam money instead. Not only did they think “I have money coming,” they frequently have borrowed thinking “I can pay this right back with my refund." So now, they are doubly in trouble with both a loan to pay back as well as a tax bill. What?

According to a recent CBS MoneyWatch article, the credit card debt problem looks a lot worse in Southern metropolitan cities. Specifically, CreditCards.com’s research found that in Texas alone, three cities placed in the top five. Things certainly are bigger in Texas it appears. But in all seriousness, the credit card debt problem is only getting worse.

Once again, scammers are trying to take advantage of citizens in Montgomery County.  Local Circuit Clerk Tiffany McCord stated her office has received about thirty complaints from residents who received a “civil citation” by email.  The email stated in the “citation” that $711 was owed to the county.  The “citations” are fake and intended to scam you out of money.

The Weinstein Co.

The vast majority of my Social Security disability clients are those whose initial application for benefits have been denied and are ready to appeal the agency’s unfavorable decision.  This takes the form of a Request for Hearing by Administrative Law Judge. Today I thought I’d post a bit about the latest data available on SSA disability hearings in Alabama.

The attorney general of Georgia recently reached a settlement with the debt collection firm of Williamson & McKevie, LLC. The $8.8 million settlement resolved charges against the debt collector which violated the Fair Debt Collection Practices Act and the Georgia Fair Business Practices Act.

This week, I read an article on creditslips.org by Pamela Foohey who is a professor of law at Indiana University Maurer School of Law.  The article discusses an upcoming law review article in the Notre Dame Law Review,  Life in the Sweatbox, about the struggles consumers endure before

A recent article on bankrate.com outlined 15 signs of serious debt trouble.  If you recognize these signs with your financial struggles, it might be a good idea to meet with a bankruptcy attorney to discuss your financial options.

Through my consultations over the years with individuals and families who are struggling with debt, I’ve come to learn about a formidable foe to those individuals and families. That foe is procrastination. I get it. You are overwhelmed with money and financial problems. You may be facing a downsize at work, unemployment, divorce, or an unexpected illness.