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A debt settlement company is a business designed to help you negotiate to pay less to your creditors than you actual currently owe.  The company will calculate your payments based upon the debts you owe and its fees for providing the service to you.  As you pay the company each month, a portion of what you pay, less its fees, will be placed into an escrow account.  Once there is enough money in the escrow account to negotiate with a creditor, they will conta

For anyone who was ever held a security clearance, he or she knows the importance of full and complete disclosure on the SF 86 form, which is the application form to be able to get a clearance.

Is it just me or does it seem like calls to your cell phone are exploding in volume?  I am probably getting five or more unsolicited and unwelcome calls each day trying to sell me items and services that I do not need nor do I want!  I feel like I am under assault! Given the fact I know the law in this area, I thought I would share some ways we can help when you are getting this same type of telephone harassment.

The word Trust is defined as a firm belief in the reliability, truth, ability or strength of someone or something.  Common synonyms are confidence, belief, faith, certainty, assurance and reliance.  The type of Trust (Living Trust) I am going to be discussing today falls into the something category.  There are only two (2) types of Trusts, either revocable or irrevocable.

Several weeks ago, I wrote on the possibility of another subprime mortgage crisis. Now, it appears that subprime auto loan defaults are nearing crisis levels. According to a Morgan Stanley research booklet, finance providers and the consumer debt market as a whole should take note that auto delinquency and default rates are on the rise.

Why do clients end up in my office every day?  Today, a client told me it started innocently with a t-shirt.  He was in college and offered a credit card with a $200 limit.  How much trouble could he get into with that small of a limit? Well, about twenty years later, that credit card debt grew and grew and snowballed into a lot more.

The Federal US Bankruptcy Code section 525 (a) prevents the government from discriminating against a person for filing a bankruptcy petition.  This section establishes the following (in part): “a governmental unit may not deny, revoke, suspend, or refuse to renew a license, permit, charter, franchise, or other similar grant to, condition such a grant to, discriminate with respect to such a grant against, deny employment

Up until I read this story, the answer has always been an emphatic yes. I will amend my answer to say yes in all but the most unique of circumstances. To quote John Fogerty, "I ain't no fortunate son." I believe that most of my clients fall into this category as well so my advice to them is to answer the SF 86 in a full, complete and honest manner.

Did you receive a tax refund this year?  How did you spend it?  The average refund this year is approximately $3,000.00.  A recent article from CNBC offers advice on how we should spend our refund.  They offered a list of nine ways to get the most out of your 2016 tax refund.

According to a recent story in the New York Post, half of the working families in the United States are living pay check to pay check.  Living this way may work for a while or even a long time; however, the problem it presents is the inability to effectively cope with an unexpected crisis.