by Cathy Moran, California Bankruptcy Lawyer The GetOutOfDebt guy is my hero. He’s not quite as swashbuckling as Batman and Superman. Not as suave as Elliot Ness, battling crime gangs. But he’s fighting for a better world, nonetheless. He fights Debt, a blight on too many in our squeeze-the-middle class, consumer society. Steve Rhode sings […]
Mortgage Payments and Credit Reporting After Chapter 7 Bankruptcy
After bankruptcy, you can use all the help you can get when it comes to maximizing your chances for a new loan. Don’t let your old mortgage get in the way of refinancing or getting a new loan. When you file for bankruptcy and get a discharge of your debts, you’re no longer personally liable […]
In Debt and Digging Deeper | Managing Debt
Life in the Red A Time to Fight: Faced with the foreclosure of her home, Detroit resident LaKeisha Tuggle devised creative solutions to weather economic hardship. DETROIT — The belt-tightening was the easy part. Cancel the cable. Skip the air conditioners. Ration the cellphone, unplug the wireless Internet, cook rice and beans — done, and […]
New mortgage rules: A checklist for consumers
By Danielle Douglas, Published: January 10 Checklist for potential home buyers If you are considering buying a home next year,there are a few things you might want to consider now that the government has issued new mortgage-lending rules. More on this Story New mortgage rules could benefit small banks New rules: A checklist for consumers The […]
The Medical Debt Crisis Isn’t Going Away… Deal With It
It’s no secret that medical bills in collection can ruin your credit. In fact, it may lower a score by “100 points or more” for someone with a spotless credit history, according to FICO. As tens of millions of Americans are paying off medical bills over time, the potential for damaged credit is great. Many government […]
Harassed By Debt Collector For Bills She Never Owed
It’s one thing to be harassed about an unpaid bill. It’s another thing to be harassed about a bill you never actually owed. Brandy De Alba, a California resident, says she canceled her alarm service with CastleRock Security in 2009, yet last year she began receiving letters from debt collectors claiming that she owed the […]
Aggressive Debt Collection – Who’s In Your Wallet?
New Jersey bankruptcy Article Huffington Post June 11, 2012 By Richard Gaudreau Given the bailout the banks enjoyed at taxpayer expense, it’s ironic how difficult it has become for the ‘little guy’ to take advantage of the only bailout he’s ever going to see — the fresh start promised by filing a bankruptcy. Bank of […]
How to Pump Up Your Credit Score
New Jersey bankruptcy Article The New York Times By VICKIE ELMER May 17, 2012 ONE prescription for avoiding another real estate bubble is that banks tighten up mortgage requirements. Now, a new Federal Reserve report indicates that lenders have indeed been doing just that. A majority of banks are less likely to offer loans to […]
How To Talk About Money With Your Spouse
New Jersey bankruptcy Article New York Times By Carl Richards, May 14, 2012 Years ago, my wife and I had dinner with another couple, whom I’ll call Bob and Sue. During the meal, we discussed money, the market and our goals and dreams for our families. Then we started talking about retirement, and that’s when […]
Discrepancies on Medical Bills Can Leave a Credit Stain
New Jersey bankruptcy Article The New York Times – 5/4/12 By Tara Siegel Bernard When Ray White’s son was about 9 years old, he struck a tree branch while riding his bike. Within minutes, an ambulance whisked him off to the emergency room. The boy recovered, but many months and phone calls later, Mr. White’s […]
