Filing for Bankruptcy? A Word of Caution

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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

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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

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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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Having the “Talk” With Your Spouse

In today’s household most couples are working. Each has their own paycheck and often they have separate checking and savings accounts, yet most of the bill paying is done by one person. When the financial responsibility for the day-to-day family expenses falls to a single person,  we have found that in many cases the spouse […]

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Which Comes First: Saving Money or Paying Down Debt?

being sued

Which is more important: savings or paying down debt? You just came into an extra $100. Do you put it in the bank for a rainy day, make an extra credit card payment or go out to dinner and a movie? There are people who will argue for all three options but it depends on […]

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Six Tips to Help You Become Debt Free

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debt free

Do you ever wonder how you will ever reach financial freedom and become debt free, even though you are currently working on paying off a substantial number of bills and credit cards? If so, you are not alone. In fact, according to a 2014 survey from NerdWallet, the average household in the United States has […]

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Tips For Staying On Your Budget

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your budget

A key way to manage your family finances is to make a budget and then stay on it. For some it is like saying you are going to diet and then…struggling to resist that Twinkie. If you want to stay on your budget, you have to resist the Twinkie. Resist the quick drive-thru dinner, the […]

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When is it Time to File Bankruptcy?

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bankruptcy alternatives, family finance

The creditors are calling, the past due notices clutter your mail box and the financial stress has put undue pressure on your family relationships. Is it time to file bankruptcy? Before you start the proceedings, first examine the answers to a few simple questions: Does the bulk of your financial burden consist of student loans? […]

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