Recently, my insurance agent passed this on to me by email.  I see people every day that are at the end of their financial rope and come to be to learn how to file bankruptcy. I thought this story was very similar to what my clients need to keep in mind as they go through a difficult stretch in their life.

One day a young lady was… Continue reading

Since we have covered the debts that are high priority, which ones can you put down a little lower on your list? Loans that are not tied to your most important possessions can be of lower priority. These loans include credit card bills, doctor bills, store accounts, etc. Because these loans don’t involve any collateral, creditors cannot collect valuable possessions

According to an article from MSNBC, President Obama has claimed the economy has stabilized. As America begins its slow recovery, the President wants to completely focus on relieving ordinary Americans. He plans to give towns hit hard by the recession a chance to “reinvent themselves” through a system of manufacturing grants. Of course, the President’s biggest challenge, as it

The most important bills that come after family and home are your utility bills. After you’ve kept up on your mortgage or rent, it is important to keep your home livable. Paying your minimum utility payments will at least help you avoid your utilities being disconnected.

Next, pay the bills associated

Missouri Governor Jay Nixon signed into law requiring anyone purchasing a home in foreclosure to give tenants notice before evicting them.  In many cases, landlords that own rental properties are falling behind on mortgage payments and having the property foreclosed on by the lender.  The problem is when these landlords have tenants in the property that are current in their rent and suddenly get an eviction notice when the property… Continue reading