Money problems can keep us up at night. It's a stress that many of us face at some point in our lives. I wrote about another source of stress, divorce, a few weeks ago. Financial stresses can be more difficult to deal with than any other type of stress in life because there may not be one solution to the problem. MarketWatch recently reported that 65% of Americans lose sleep over money worries. That's even higher than when the economy began to tank in 2007 (57%). The fact is while stocks … [Read more...]
Credit Counseling and Repair Scams
It is an unfortunate fact of life that many Floridians seek help from sham credit counseling and credit repair companies, many of which promise to help consumers with their credit debt but end up taking their money and doing nothing. Ads for such companies increase during this time of year as people sink deeper into debt trying to pay for holiday presents and parties. If you're thinking of using one of these companies, here are a few things to look for: 1)Paying for services up front before … [Read more...]
5 Things To Do in Bankruptcy
Bankruptcy can be a difficult decision for most of us. There are financial and emotional factors to be considered and resolved before taking the plunge. Many people considering bankruptcy face unwelcome emotions of failure and despair. They may even be ridden with guilt. These emotional issues should be confronted and resolved before embarking on the course of bankruptcy. Once the decision is made however, there are certain things you should put on your "bankruptcy To Do list". In this … [Read more...]
Five Things to Avoid in Bankruptcy
Bankruptcy allows you to resolve insurmountable debt in a legal way. The bankruptcy laws provide you with a fresh start to your financial life. However, they are provided in good faith and assume you will comply with the provisions of the law. Here are five things you want to avoid if you’re thinking about filing bankruptcy: Be honest about your situation. You will need to provide your bankruptcy lawyer with complete and accurate data of your finances. I will help you ensure that we … [Read more...]
Stopping Bill Collectors and Wage Garnishments
Bill collectors can be notoriously harassing and threatening. They will call you at home even at night and on the weekends to collect their money. Your mailbox will also be filled from threatening and harassing letters. They may even attempt to garnish your wages. If you've reached this point and you owe more money than you can possibly pay back, it may be a good time to speak with a Florida bankruptcy lawyer. McGuire Law Offices will provide you with a free consultation and advise you as … [Read more...]
