I cannot begin to tell you the number of clients who come to me after starting with debt consolidation companies.   They have thing in common: they have less money than they did before they started with these companies.  If you owe a lot of money, and just can’t manage, you are an easy target for the unscrupulous who come out of the woodwork to prey on the vulnerable. THINK BEFORE HIRING - NOT FOR PROFIT DOES NOT EQUAL CHARITY Before you think of hiring one of these firms: Google! And, … [Read more...]

Bankruptcy Following a Judgment of Divorce

“My ex-spouse filed a bankruptcy and creditors are now coming after me…but he/she took the debt in our Judgment of Divorce.” A divorce is final and you believe everything is resolved, all prior ties are cut, and it is time to move on with the next path in life. Than the phone begins to ring, a creditor is saying you owe money. You pull out your Judgment of Divorce, tell them your ex-spouse took the debt, and they tell you its irrelevant, either pay the debt or they will sue. You are wondering … [Read more...]

How to Rebuild Your Finances After Bankruptcy

Yes, there is life after bankruptcy. In fact, that post-bankruptcy era could turn out to be extremely prosperous because you've learned what not to do when it comes to debt. While it is true that the bankruptcy will be popping up on your credit report for the next seven years that doesn't mean you're frozen out from getting credit or a loan or making major purchases such as a car or home. You're just going to be a lot smarter about that! Here are some other tips for helping you rebuild your … [Read more...]