What to do if you’re being Sued by a Debt Collector

When you hear the phone ring and you pick it up and you hear an aggressive debt collector. It’s one of the most unpleasant feelings that could ruin your entire day. What can be more upsetting, is knowing that you are being sued. Hundreds of people have become prey to these debt collectors and many [...]

What to do if you’re being Sued by a Debt Collector2020-11-02T15:19:23+00:00

6 reasons Social Security disability applications get denied

Did you know that fewer than one out of every four applications for Social Security disability payments initially gets approved? Even though a few more are awarded upon appeal, more than 60 percent of applications get denied overall. There are specific eligibility criteria for getting Social Security Disability Insurance (SSDI) payments, and some common reasons [...]

6 reasons Social Security disability applications get denied2017-10-10T18:41:27+00:00

Fewer local residents filing personal bankruptcies

October 29, 2012 By Cornelius Frolik A decline in personal bankruptcy filings in the Miami Valley signals that access to credit remains tight and consumers are carrying less debt, experts said. But the trend is not necessarily good news. Bankruptcy is a way of discharging debt, but many debtors are unemployed, meaning they do not [...]

Fewer local residents filing personal bankruptcies2012-10-12T11:21:23+00:00

Small Business Loans Still Difficult

 August 14, 2012 Brian Nearing Banks' continued reluctance to lend money to small businesses remains a problem with the sputtering economy in New York, according to a poll released Monday by the Federal Reserve Bank of New York. The bank's annual Small Business Borrowers Poll found seven small businesses in 10 that sought loans were [...]

Small Business Loans Still Difficult2012-08-14T11:24:54+00:00

The $90,000 Lesson: Protecting Elders from Financial Abuse

August 13, 2012 PORTLAND, Ore. - The son of an Oregon woman bilked out of $90,000 has advice for other grown children concerned about their aging parents: Get involved sooner rather than later. At his mother's house, John Fread of Portland noticed a credit card statement with a balance of $20,000. Scammers had charged almost [...]

The $90,000 Lesson: Protecting Elders from Financial Abuse2012-08-13T11:22:57+00:00

Handling Credit Card Debt After the Death of a Spouse

NEW YORK (LowCards.com) -- When a spouse dies, the surviving mate may be burdened with more than just grief and loneliness. Credit card debt may also haunt the partner that is left behind. The responsibility for the credit card debt of a deceased spouse will depend on the type of account it was and, in [...]

Handling Credit Card Debt After the Death of a Spouse2012-08-11T11:24:10+00:00

When Working With a Creditor, Get All the Facts

Recently, a woman sat across from me in the office and she was nearly in tears. She was going through the credit repair process I outlined in The 90 Day Credit Challenge and she had reached the point where she was dealing with creditors on overdue accounts. Unfortunately, this was a psychological brick wall for [...]

When Working With a Creditor, Get All the Facts2012-08-09T11:25:50+00:00

Jobless Claims in U.S. Plunge on Fewer Auto Shutdowns

By Michelle Jamrisko and Shobhana Chandra Jul 12, 2012 Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week, reflecting the volatility of applications during the annual auto-plant retooling period. Applications for jobless benefits decreased by 26,000 in the week ended July 7 to 350,000, the fewest since March 2008, Labor Department [...]

Jobless Claims in U.S. Plunge on Fewer Auto Shutdowns2012-07-12T11:27:18+00:00

Consumer Bureau Proposes New Mortgage Disclosure Rules

By JESSICA SILVER-GREENBERG As part of a continuing overhaul of the home mortgage market, the Consumer Financial Protection Bureau on Monday issued proposed rules to bolster fairness and clarity in residential lending, including requiring a good-faith estimate of costs for homebuyers. The proposed rules have two central elements - the loan estimate and the closing disclosure [...]

Consumer Bureau Proposes New Mortgage Disclosure Rules2012-07-09T11:26:24+00:00

Too broke to go bankrupt

The cost of filing for bankruptcy has risen in recent years as a result of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act, which aimed to reduce the number of bankruptcies taking place by adding more requirements to the filing process. By Blake Ellis @CNNMoney May 7, 2012 NEW YORK (CNNMoney) -- This year, hundreds of thousands [...]

Too broke to go bankrupt2012-05-07T11:28:02+00:00
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