Like many of the people I now help every day, I made some decisions that jumped up and bit me. I was 40 years old and I lost everything. You can read my entire story here, but for now, I will keep this short. I know what it’s like to be in your shoes. That is why I built a firm that works hard to provide you the debt relief you need.
Medical bills - we all have them. These days it doesn't really matter if you have health insurance or not. If you have health insurance, you're going to have a deductible. If you don't have insurance, you're certainly going to be left with a hefty medical bill. So what happens when you start falling behind on your bills and suddenly you can't pay down those medical debts that are adding up?
If you bought a mobile home and are already considering filing a Chapter 13, you could have your home paid off in 5 years in a bankruptcy. I'm guessing you probably financed your home for 30 years and that it came with a high interest rate. But a Chapter 13 would lower your monthly payments significantly.
I would like to propose a new standard for tax-refund season and how we spend refunds. As a matter of fact, I would like to propose a new standard for every season, every month, 365 days out of the year. Buy used cars rather than new cars. Here's why.
I'm not going to reveal to you exactly what my financial maturity is, but let's just say I've got some growing up to do. And most of us do! But is our financial age keeping us from succeeding? I'm going to go out on a limb here and say, "DUH!!"
On a typical, quiet Wednesday afternoon, I find myself suddenly wishing I had a million dollars and a megaphone. After meeting with Bryan Roy, founder of Veterans First Light, and his colleague Kayla, I become so positively thrilled that there is a new resource in our community for veterans and their families, that I truly wish I had the monetary resources to catapult this non-profit to reach every possible veteran in need (and a megaphone to tell the good news). I am absolutely astounded by the number of veterans who call our law firm looking for financial advice. Can you imagine how relieved I am to now have a resource for these callers when they need more than bankruptcy?
Over the last four to five years, people have been using student loans as a form of income when they can't find a job. Why? It's extremely easy to get one. Some young people, and even some older adults, cannot find work. They then ambitiously turn to the idea of returning to school temporarily, and decide that they have to pull out loans to pay.
Playing catch-up on your bills....oh the joy. The holidays have come and gone, the new year is in full swing and the passing days are not slowing down! Neither are the bills. January passed so quickly, and I still see people trying to catch up on their bills from November and December. Getting behind on your bills is no joke, and some days it feels like it is impossible to catch up, much less save money. However, tax refund season is right around the corner and you can catch up on your bills then.
Before my clients file bankruptcy, they usually bring up one of their biggest concerns, "How do I know I'm ready to file?" Not everyone has a full understanding of what bankruptcy is, or if they do, may not feel ready. Whether or not you're in the beginning stages of filing bankruptcy, or just educating yourself on what it is, it still helps to know that you're not alone. And so, to help you, I composed a list of people you probably (definitely) know who have filed bankruptcy.
We've already talked about subprime borrowing on auto loans and how it hurts you in the long run. However, there comes a time when we realize our paychecks are not meeting our needs and we need money now. Loans usually seem to be a good idea when we need them the absolute most. There are all kinds of reasons to consider getting a loan: the holidays are right around the corner, the washing machine just stopped working, the doctor's bills are sky-high, and you need new tires on the car. You're low on cash, so what can you do?