One of the things that I get asked in almost all bankruptcy consultations is whether or not I think there’s any chance that someone will keep one of my clients from having her debts discharged. While having the trustee, US Trustee, or creditor object to someone’s bankruptcy is not out of the question, it is…Read more
Walking Away From Your Mortgage In Colorado
There has been a lot in the news lately about homeowners who are upside down and underwater on the mortgages and have decided to walk away from their homes and their mortgage. The question in the back of my mind is whether this is a walk down a yellow brick road, or a path to…Read more
Having Your Check Garnished – 5 Things You Should Know
You’d be surprised at how many phone calls I get on payday. The caller is panicked. Their pay is lighter than they were expecting. They aren’t sure how they’re going to pay rent or daycare. They need help. Your paycheck can be garnished without the company garnishing your warning you ahead of time. The only…Read more
Where A Bounced Check Can Land You
If you’ve had a checking account, at some point you’ve probably been in the red. It’s especially an easy thing to do in this Electronic Age when all you have to do is whip out your debit card and keeping track of your balance can be either as easy as checking it online or as…Read more
What You Need to Know about the Colorado Foreclosure Protection Act
The Colorado Foreclosure Protection Act was created because “too many home owners in financial distress, especially the poor, elderly, and financially unsophisticated, are vulnerable to a variety of deceptive or unconscionable business practices designed to dispossess them or otherwise strip the equity from their homes. There is a compelling need to curtail and to prevent…Read more
Avoid Foreclosure Rescue Scams
This video from the Federal Trade Commission highlights the risks of agencies who claim to help “rescue” your home from foreclosure.
5 Things To Ask For In A Debt Settlement Negotiation To Save Money
Read on to learn about the 5 things to ask for in a debt settlement negotiation to save money. Know what I hate? I hate having any work done on my car. I loathe going into the shop and being at the complete mercy of the mechanic, because I don’t know anything about how cars…Read more
Can a Debt Collector Call My Boss?
Lately, your phone has been ringing non-stop. Your credit card company is calling and wants to know when they are going to get paid. Even worse, they’ve started calling you at work. Can they talk to your boss or co-workers? Human resources? It depends. Generally, without the prior consent of the consumer given directly to…Read more
What Happens When a Creditor Makes a False Credit Report?
A recent court ruling gives insight into what happens when a creditor files a false credit report. Maybe this has happened to you: You pay off a credit card. The credit card company reports to a credit bureau that you are delinquent on the debt. You dispute the report. The credit card company corrects…Read more
