Tax Season 2021 Tax Refunds and Bankruptcy How will you use your Tax Refund? Tax season will be upon us in a few short weeks. I know many have already filed. Many households anxiously await their 2021 federal and state tax refunds. (some have already received theirs!) Some filers hope to purchase necessities or make [...]
Kansas Order for a Hearing in Aid in Execution of Judgment The collection letters and calls have been ignored... Now the Sheriff is at the door. Times are hard – you’ve lost your job, you got sick, the market hasn’t turned around, we're dealing with inflation – and you have not been able to make [...]
Your employer has received a request for garnishment -- there goes your earnings. The bank received an order for garnishment -- there goes your savings. Garnishment. Now what are you going to do to get through the month? Garnishment is a procedure where wages, money or intangible property of a person can be seized or [...]
“Many people look forward to the new year for a new start on old habits.” Author Unknown. We ring in the New Year in just a few days... Toasting family and friends with hopes of following through on those pesky New Year resolutions. There is an abundance of advice on how to stick with those [...]
BREAKING: Bill Introduction Follows Senate Judiciary Committee Hearing On Student Loan Bankruptcy Reform Yesterday the Senate Judiciary Committee announced the introduction of the FRESH START Through Bankruptcy Act of 2021, a bipartisan bill that would restore the ability for struggling borrowers to seek a bankruptcy discharge for federal student loans after a waiting period of [...]
Bankruptcy Guilt. Why you need to redirect your energy. So many times we see our bankruptcy clients in anguish over the thought of wiping out their debt. They feel guilty about walking away from their creditors. In some cases the dilemma is obvious; the small town doctor who agreed to bill you for your office [...]
Should you file bankruptcy after retirement? Ideally, by the time you reach retirement age you'll have enough assets to sustain a comfortable standard of living. Unfortunately, there are many financial struggles retirees are experiencing due to poor insurance coverage, rising medical expenses, and inadequate living adjustments in Social Security, pensions, and retirement accounts. Individuals need [...]
Dirty words. 4-letter words? Bankruptcy. Why is filing for bankruptcy and starting over a faux pas? No one wants to file for bankruptcy. But hearing stories from just a few of the millions laid off because of COVID-19 shows how it can make sense. Yet, a woman who had filed bankruptcy stated, “Bankruptcy is a [...]
Accurate credit reports are essential for today’s consumers, so they can receive the best financing options available. It is important for all consumers to understand how and what kind of debts are reported on a credit report. The information reported on your credit report will determine your credit score.
Consumers must do their research before signing up with a debt settlement company.