You fall behind on your debts. You’ve always paid your debts, so you’re worried. Finally, the calls start coming. Anxiety knaws at your intestines and your shoulders tense when the caller identifies himself or herself as the embodiment of your fears, and pulls at the strings of shame that have been left on the fringes of your tattered finances. ...

The prospect of a consumer protection agency being debated in Congress that protects consumers from predatory lending practices is a very welcome development in my view and experience. The world of finance has because more and more complex and the public has understandably not kept up with these developments. As long as one believes that the government should protect citizens health and wealth as it does by funding police, ...

Declaring Bankruptcy

The phrase “declaring bankruptcy” has been with us a long time, but what does it really mean? If you start a voluntary case, which is over 99% of all cases, you are simply telling your creditors you cannot repay your debts because you are in an insolvent state. ...