Category archive for ‘Real life Stories’ 
Dave Ramsey, part 2 (or it’s not always what he tells you, but what he doesn’t tell you !)
by John Rogers on 3/16/10 | 0 Comment(s)
I was listening to Dave Ramsey today, while eating lunch. A woman called in and said she had heard some folks tell her that she could settle with credit cards for a lesser amount than what is owed. While Dave told her that is possible, but not likely (since she was behind on the cards,according Read more>>
An all too common preliminary inquiry by a hypothetical debtor, and a reply. Episode 3 of a series.
by John C. Colwell on 3/12/10 | 0 Comment(s)
Serena V.
Brief description of your legal issue:
I am in serious debt, besides my mortgage I owe roughly 20+ thousand in credit card debt.I owe the IRS
and have been trying to make payments as best as possible. I need help!
Thank you for your inquiry. We likely can help a great deal. There are many variables and Read more>>
An all too common preliminary inquiry by a hypothetical debtor, and a reply. Episode 2 of a series.
by John C. Colwell on 3/07/10 | 0 Comment(s)
dmp, debt management plan, deficiency, Second Trust Deed, Charge off
An all too common preliminary inquiry by a hypothetical debtor, and a reply.
by John C. Colwell on 2/25/10 | 0 Comment(s)
As of today one of my creditors have garnished my paycheck.
A Bankruptcy Attorney’s Quest For Health, Wealth and Work Life Balance: Part Do (not just Two)
by Jeff on 2/15/10 | 1 Comment(s)
I’m truly sorry that I vanished these past couple of months but they have been great on many levels. Late last year, I finally read a book that has been around for some time and recommended to me more than once: “Rich Dad, Poor Dad” by Robert T. Kiyosaki. Although it was first published in Read more>>
Why you should never give up !
by John Rogers on 1/29/10 | 0 Comment(s)
This excerpt about the author J.K. Rowling, of the popular Harry Potter series, from The Writers Almanac, by Garrison Keillor, is, I think, a very good example for folks that are down on their luck to ponder:
“Rowling grew up in rural England. She tried writing a couple of novels, but never finished them. One day Read more>>
Dave Ramsey and Bankruptcy
by John Rogers on 1/22/10 | 0 Comment(s)
Here is Dave’s take on filing bankruptcy.
Don’t let him fool you. Bankruptcy is a viable option for many folks in today’s economy. In fact, if you have a large amount of credit card debt or medical bills, or need to get out from under a large mortgage, it is often the only option available. Further, Read more>>
Robert Frost On Banks……..
by John O'Connor on 1/22/10 | 0 Comment(s)
“A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain. ”
Robert Frost
Robert Frost is my favorite American poet. Carpe Diem and To a Thinker (scroll all the way down) are poems that have influenced me greatly. And so as I was reading Read more>>
MTV Cribs, Your Bankruptcy Attorney and Schedule B
by John O'Connor on 1/11/10 | 1 Comment(s)
Full disclosure is the number one rule of bankruptcy. In fact, failure to disclose all of your property has the potential to jeapordize your discharge. It is important for consumers to understand that bankruptcy relief comes with a price (not talking about attorneys fees). In exchange for a fresh start, the debtor is expected to Read more>>
The Dangers of Personally Guaranteeing Business Debt
by John Rogers on 1/11/10 | 1 Comment(s)
The Wall Street Journal has a recent article outlining the perils of personally guaranteeing business debt. We often have clients that have done this, even putting up their personal home as collateral for business loans. When considering bankruptcy, it is very important to have all the loan documents available for your attorney to review so Read more>>
