Debt collection has arrived to the 21st century. It was bad enough when you were behind on your bills and debt collectors were calling you day and night; now, they have technology on their side. New rules just approved by the Consumer Financial Protection Bureau allow lenders to email, text, [...]
I always reflect during the holidays. While I often assess – the holidays are a time where I look at where we stand as a nation and do a self-assessment as to personal and business goals. I watch some of my favorite movies; Dave, The American President, Remember the [...]
The father of a friend of mine passed away. His father was a wonderful guy, but organization was not his thing. My friend was stressed over his death and went into panic mode - sifting through endless stacks of documents. Instead of looking at the documents, he was just [...]
I’m anticipating our first blast of snow for the season. Can you guess the relationship between snowflakes and credit card debt? Think about the first few flakes that fall. They are inconsequential. Soft fluffy crystals ranging from .2 to 5 mm in width. It is safe to say that [...]
Clients often ask me this question and I always ask myself the same question. Sometimes it is in the employment context. Should I accept the offer or ask for more money? In this case, my advice is usually, “Go ahead and ask.” My reasoning is that if they have [...]
Here we go again. The U.S. will default on its debt obligations if Congress does not act by Thursday. TV coverage makes it sound like we are about to go into the abyss – with the stock market taking a hit once we default. Does this sound familiar? – [...]
If I file bankruptcy, will they take away my life savings? In other words, do I get to keep my retirement money? Retirement plans such as your 401k and IRA’s are protected in bankruptcy no matter what chapter of bankruptcy you file, pensions are too. Your pension plan is [...]
For starters, if you’ve been anywhere other than Texas this week – that’s a good thing. To me, the thought of freezing cold and no water or heat for 4 days is beyond misery. After all, I’m known for three layers of clothes when I golf if it is [...]
The Holiday season has begun . . . but it feels completely different. The Pandemic has put fear regarding our health and economic future center stage at the time we want to be sharing the joy of the season with each other. Depression and mental fatigue are wearing on [...]
There are a number of questions I get asked about Credit Cards – but the two most common are, “What if they take away my Available Credit?” and “What about my Credit Score?” Let’s tackle both of these. The “Available Credit” question stems from a combination of two concerns. [...]
