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Why Do People File For Bankruptcy?

Why Do People File For Bankruptcy?

When you think of the word bankruptcy, it may be difficult to think of something less appealing. Dental visits… tongue-scrapings…proctology examinations…toe fungus…YUCK!!! But in reality, bankruptcy is not the nasty, ugly thing that most people think of....
Us v Them

Us v Them

ar·bi·tra·tion/,ärbətrāSH(ə)n/ noun: arbitration; plural noun: arbitrations1. the use of an arbitrator to settle a dispute; The submission of a dispute to an unbiased third person designated by the parties to the controversy, who agree in advance to comply with the...

I was a teenage debt collector

Okay, fine I was never a debt collector. But I was a teenager. This blog will be all about my teenage years and the angst that came with it. No? Okay, perhaps then I will blog about debt collectors and the angst that comes with them. Better? Okay, lets continue… In...

All hail the 1% !!!!!

I guess the first thing to know when considering this subject, is just who are the 1%? Well, it varies from year to year depending on many factors, but for the most part the 1% earn between $350,000 to $500,000 per year, just to join the club. They consist of 1.4...

Your inheritance may include credit card debts !

Yep. That’s right. If you are notified that your Grandmother just passed away and that she left a substantial sum in her bank accounts, don’t cash that check right now. Don’t run off and purchase that new 60” Plasma just yet.  It may be that those bank accounts belong...

Weird things can affect your credit

You worked hard to get a decent credit score. Then one day you apply for a car loan and are denied. What?!? Why ?!? I have always been a big proponent of regularly checking your credit report for this very reason. One late payment and WHAMO! An incorrect debt...

Gas prices increasing again ?!? I’m not surprised.

Well it’s that time again. Spending time at the beach trying to stay cool, getting the kiddies ready for school, football, and…oh yeah…..watching gas prices jump over $.40 cents per gallon in less than a month!!!!! It’s a tale as old as time…..or at least the last...

Are we Living in a ”Modern-Day Depression”?

I remember as a child in school, reading about the “Great Depression”. I particularly remember a black and white photo of a farmer and his children running through their farm as a huge sand storm blew through. The “Great Depression” was an interesting subject for me...

Considering a short sale? Consider carefully.

Okay, you have done everything known to man to stop the pending foreclosure of your property.  Or, perhaps, your home has been on the market for months and no one is making an offer that’s even close to the current amount you owe on the property.  Consider the Short...

Socialism….To be or not to be…..

According to “definition”, poverty is an annual income of a little over $11,000 for one person or $22,000 for a family of four. I am not sure where this number comes from, but it is currently the number that will officially call you impoverished. Seems like if this...