January 3, 2017

When the clock struck 12:01 a.m. on January 1, 2017 people across the United States stood back, took stock of the past year and set their resolutions for the New Year.  Some resolved to lose weight, others to quit bad habits like smoking and others still resolved to sp...

September 24, 2015

If you fail to plan, you plan to fail:

 

Most bankruptcies are a result of an unforseen event such as divorce, illness or the loss of employment.  The problem with that statement is that “unforeseeable” events are all but unforeseeable.  Yet, most people fail to plan for...

May 11, 2015

 

How can you avoid filing for Bankruptcy?

1.     Live below your means and save money for a rainy day.

2.     Stay healthy and make sure all your family does the same.

3.     Don't barrow money you can't pay back within three months.

4.     Drive a paid-off...

May 11, 2015

 

Is there a right time to file for bankruptcy?

Yes, timing in bankruptcy can be a very important part of how successful the bankruptcy is.  What is a "successful bankruptcy?"  To me, a successful bankruptcy is one where the Debtors are able to Discharge all of their deb...

May 7, 2015

A bankruptcy can be a very powerful tool in dealing with your creditors:

     - A foreclosure sale may be stopped temporarily or permanently.

     - A mortgage may be modified, in its duration, in its interest rate and/or its principal balance....

May 6, 2015

 

By now you have probably heard that the Southern District of Florida, Bankruptcy Court, has implemented a mortgage modification procedure.  The results have been outstanding!  By making a good faith payment, of 31% of your gross income, in your Chapter 13 payment plan...

April 20, 2015

Rebuilding Your Credit after Bankruptcy
Obviously, the idea is to file once and get it right so that you never have to file again. Here are some tips on reestablishing your credit rating so that you can make bankruptcy filing truly a financial turning point and a fresh...

April 8, 2015

Help!, I've fallen and can't get up.  We all remember this line from an old t.v. commercial where an elderly person has physically fallen, is unable to get off the ground by herself, and unable to reach the telephone to call for help.   This is not about a physical fal...

April 1, 2015

In an unpresedented move, President Obama signed an Executive Order forgiving all credit card debt, medical bills and deficiencies owed to all who can establish that they are insolvent.  The test for insolvency will vary from State to State but could help thousands of...

March 25, 2015

If you're overburdened by debt, and who isn't, Bankruptcy may very well be your ticket to financial success.  Colonel Sanders, of Kentucky Fried Chicken fame, filed bankruptcy three (3) times before he finally succeeded.  Bankruptcy gives people the opportunity to foll...

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Debt consolidation involves reorganzing all of your individual debt payments into one "manageable" payment.  However, throughout my many years of expe...

Debt Consolidation v. Bankruptcy

September 10, 2014

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