How to Stop Robbing Peter to Pay Paul

What does it mean to rob Peter to pay Paul? In researching the origin of the meaning of this common phrase, we learn: “The expression refers to times before the Reformation when Church taxes had to be paid to St. Paul’s church in London and to St. Peter’s church in Rome; originally it referred to […]

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Low Income People: Are You Being Sued?

being sued

Bankruptcy Advocates has advice for low income people who are being sued. Assume that you are on limited income – for example $1000.00 per month in social security or disability benefits.  You pay $350.00 per month rent, your utilities run $200.00 per month, and with food and your other expenses there is no money left […]

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Unable to Find Work? Look at Your Employment Report

employment report, credit report, consumer reports

Did you know that you can request a copy of your employment report? Frequently, we  encourage our clients who suffer from a low credit score to get a copy of their credit report and check it for inaccuracies.  For example, a creditor may have placed a negative item on your report when you have a […]

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What 34% of Americans Need But Do Not Have

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bankruptcy alternatives, family finance

What do more than a third of residents in the United States need that they don’t have? It certainly isn’t a cell phone. According to an article in the Washington Post in 2011, we already owned more cell phones in the US than there are citizens: “The number of mobile devices rose 9 percent in the first […]

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Should I Transfer My Property To My Relatives?

People who are under financial pressure will frequently consider extreme measures. If you are attempting to avoid bankruptcy, before you take drastic measures, seek guidance from a professional. One way people have been know to attempt to avoid bankruptcy is by taking their personal assets, like property and transferring ownership to another family member. For […]

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Filing for Bankruptcy? A Word of Caution

filing for bankruptcy, credit card spending, man making purchase

If you know you will be filing for bankruptcy, here is a word of caution about making charges on your credit cards. Assume that you have been injured and have not been able to work for almost a year.   Recently, you received some good news when you learned that your employers or your insurance company […]

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10 Steps to Talking with Creditors About Your Past Due Bills

creditors, finance, man with calculator

Is your least favorite activity of the day opening the mail? Are the minimum payments you make each month barely making a dent in your overall debt?  It may be time to call your creditors. Rather than avoid the phone calls or cringe when you see your monthly statement, why not take control of your […]

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Couples Buying a Home Have Options

buying a home

When buying a home the way your spouse is listed on the deed can impact your finances in cases of creditors seizing assets. If one member of the couple is being sued or has a judgement placed against them the difference is this: One way you lose your home. One way you keep your home. […]

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Bankruptcy Alternatives: Bankruptcy Is Not the Only Option

bankruptcy alternatives, family finance

When finances get tough and the creditor is at your door, you may be tempted to think that bankruptcy is your only option. But this is not always true, there are bankruptcy alternatives. Our human nature compels us to circle the wagon, so to speak. We are tempted to pretend to the outside world that […]

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Your Personal Bankruptcy Advocate

bankruptcy advocate, advocate

Have you ever really thought about the word advocate? It is actually a verb – an action word – and a noun or a person/place/thing. Advocate – The Person An advocate is someone who is in your corner, a voice on your behalf when you don’t have the words to speak. An advocate is someone […]

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