Tag : debt settlement

Today we’re going to play a game that I love.  Negotiations with debt collectors! Also known as debt settlement. In the recent Los Angeles Times article, Making a Deal with Debt Collectors, by Liz Weston, she provides such a shallow and generic approach that I am immediately propelled into blog writing mode.  This article is […]

I believe the world view of even the thought of filing bankruptcy is financial suicide for many people.  They believe their financial lives, credit scores, reputations and even careers are over.  It’s like the “Scarlet Letter” “B” is written, stitched, into the fabric of the rest of their lives.  When networking, I’ve even said that […]

A former debtor in a Chapter 7 bankruptcy case recently hired my firm to get rid of the lien that survived the bankruptcy.  This, in spite of the recent Supreme Court Decision handing banks yet another victory.  Read the New York Times (@NYTimes) Article, here. The Supreme Court ruling will now prevent underwater homeowners from […]

There are many ways that filing for bankruptcy protection can help with creditors whether you file under Chapter 7 or Chapter 13 of the Bankrutpcy Code. After you have prepared and filed your bankruptcy paperwork, the court clerk will notify all of your creditors of your bankruptcy filing and inform them that they may no […]

“Tick-tock” goes the clock on a creditor’s legal ability to collect on a debt owed.  Known as the Statute of Limitations, state laws that vary in each state, limits the time a creditor has to file a law suit to collect a debt. If they do not sue in time, the debt is no longer […]

The book, 5 Steps to Freedom From Debt, published on Amazon on August 29, 2014 promises to deliver a simple system that anyone can follow to make the right choice to eliminate uncontrolled debt. It is essentially my consultation in an expanded version and in writing.  In this book I provide the process I take […]

Many mistakenly believe they must be completely broke to file bankruptcy and that simply is not true.  Do you remember the story of Vicky Lynn Marshall?  [aka: Anna Nicole Smith] Pierce Marshall, son of J. Howard Marshall [Anna’s husband before he passed], was a claimant to his father’s oil fortune.  He not only prevailed against […]

Looking to “Get Out of Debt,” but not sure who to call?  With the information age in full swing, I bet you’re as confused as a squirrel in the middle of the road with a car coming at you at 60 mph.  Timing is crucial and one wrong turn can make road kill.  It seems […]

Consolidate your debts into one easy payment and pay ZERO interest (to unsecured creditors) for 5 years.  100% repayment of all your debts without paying interest sounds too good to be true?  It is true.  However, there is a catch. You can accomplish this through a Chapter 13 bankruptcy repayment plan. If you’re struggling to […]

Something interesting is happening in my office as of late.  I am beginning to see clients that want to repay their debts and actually have the means to do so.  This means they earn a good living and have money to pay their bills. What’s happening is that they have missed a payment or two […]