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.
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?
At this point, we have been over medical debt and credit card debt, so now we are going to open the next can of worms: car repossession and bad auto loans. Car repossession happens way more than you would expect. Did you know that even if you are on the verge of having your car repossessed, we can protect you from the repo man, and possibly even recover your car if you've just had it taken? Before we can work on your behalf though, you need to understand some things.
One of the most common ways to wipe out that overwhelming credit card debt is to file for bankruptcy. Does that mean you have to file bankruptcy if you have tons of credit card debt? And if you are considering bankruptcy as an option for debt relief, is it going to be Chapter 7 or Chapter 13? How do you even begin to get out from under the late fees and high interest rates? Where do you start?
As a matter of fact, not being able to afford medical bills is probably the number one reason Americans have to file bankruptcy. I know, I know, it's hard to believe that medical bills are the driving force behind most bankruptcy cases in the Land of the Free, but it's true. Many of you have seen my book in the waiting area of the office, or downloaded the eBook, but if you haven't, check it out. There is a section called "Americans cannot afford to be sick today," and I wrote that for good reason.
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