by CEF | Dec 28, 2016 | Chapter 13, Chapter 7, Collection Calls, General, Seniors
Typically when harassment by debt collectors is overwhelming people start to think about filing for bankruptcy. But for low income seniors bankruptcy may not always be the best option, especially if the debts in question involve debts like medical bills or credit...
by CEF | Dec 28, 2016 | General, Student Loans
According to the US Department of Education, in 2016 borrowers were holding $74.5 billion — yes, billion — in PLUS loans to pay for their children’s college education. The College Board says that the annual parent PLUS loan volume increased nearly...
by CEF | Dec 28, 2016 | Chapter 7, General
In a Chapter 13 bankruptcy there are specific provisions that allow a debtor to run many types of sole proprietor businesses, but there is no such provision in a Chapter 7. Now if you file Chapter 7 the trustee is supposed to marshal and liquidate your assets to pay...
by CEF | Dec 28, 2016 | Credit Reports, General
Step #1 — Pay your bills on time, every time. This may mean putting them on your calendar, setting reminders or alarms in your phone, whatever you have to do, do it. Also, if you mail your bills instead of paying them online, or if you use your bank online to...
by CEF | Dec 28, 2016 | CFPB, Reverse Mortgages
This December, the Consumer Financial Protection Bureau — the CFPB — took action against three companies engaged in reverse mortgages for deceptive advertising. The three companies, American Advisors Group, Reverse Mortgage Solutions, and Aegean...
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