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Gail Donaldson

The following post is by Emma Donaldson, my oldest daughter.  She was home this weekend for her sister’s 13th birthday.  As we discussed her college life and what she’s learned, I told her to write a blog post about it!

The 2019 Social Security Administration’s (SSA) 2019 Fact Sheet is out and I thought I’d go over some of the new disability-related numbers in today’s blog entry.  There are several other non-disability Social Security-related numbers listed in the report for those interested.

If you are struggling to pay your auto loan debt, you are not alone. According to the New York Federal Reserve, more than 7 million people in America are seriously delinquent on their auto loan debt through the end of 2018.

If you have not filed your tax return yet for 2018, you may be in for surprise.  According to the IRS, overall all tax refunds have dropped more than 8 percent during the first week of the tax filing season.  Some of us are bad at saving and use tax refund to do things they normally cannot afford to do during the year.

It’s that time of the year again. Don’t let the government shutdown fool you—the Internal Revenue Service and its computers are up and running.

Whether you’re looking forward to a refund or dreading a tax bill, most of us will be dealing with the IRS in one form or another. No matter which camp you’re in, it’s safe to say that nobody wants to be the subject of a tax audit.

A week ago, one of the members in my family called me to tell me that her mortgage company asked her to stop making her mortgage payments so she could qualify for a specific type of mortgage modification.  She asked me whether she should do that.  The answer is NO.

One of the most common concerns my clients have is whether or not filing a bankruptcy case will affect their job. The short answer is this; no, filing a case should not have any impact.

What is a Bankruptcy Petition, what are the most common types of Bankruptcy and what happens once your case is filed with the Bankruptcy Court?

For some people, it can be a relatively swift and easy process, but for the majority of folks, it will take time to gather the necessary documents and information.  Once you have provided all the information to your attorney, it will still take some time to get the bankruptcy forms prepared and to review everything for accuracy.

When discussing bankruptcy, you will often hear references to the “trustee of the case.”  The trustee is a court-appointed individual that oversees your bankruptcy case.

While many debtors have an initial fear of the trustee, it is generally unwarranted.  A trustee is not attempting to sabotage your bankruptcy case.  In all likelihood, the trustee would prefer for your case to succeed just as much as you, although your opinions of the most beneficial outcome may differ somewhat.