A woman worried about her financial condition called Steidl & Steinberg the other day. She was very upset and had a lot of questions. She was especially concerned about her pension when filing for bankruptcy, as the thought of losing her retirement lifeline had her very concerned.
Those bills just keep on coming. Some are relatively small, but others are staggering. Your mom has accumulated all of these bills and she cannot possibly pay for them on her income. She has a house with some equity, but she also has encumbered it with a second mortgage that she used to try to pay down her massive debt.
You’ve probably heard something in the news recently about a company named Equifax being hacked. It’s a name that might even sound familiar to you. It should. It’s a credit reporting agency and it knows everything there is to know about you. Your name, address, Social Security number, birthday, loan and credit card activity, and even in some cases your driver’s license number. It’s all there in the Equifax database.
You are embarrassed. You thought you would never, ever, be in this position again. But here you are -- the bill collectors are hunting you down and the telephone rings almost nonstop. The pressure is mounting and you know what you need to do. You have to file bankruptcy. Again.