06.20.2013 | by Ken Steidl
Over the past several years, I have met with numerous home owners who had fallen behind on their mortgages. In many of these cases, the homeowners have contacted their mortgage company seeking to modify the loan and stop any foreclosure proceedings. In each case, the mortgage company acted as if they would be happy to assist and indicated they would immediately be sending out a modification packet and made it sound as if a loan modification would be quickly forthcoming. However, nothing could be further from the truth.
06.12.2013 | by Lauren Lamb
Planning a wedding is stressful. You have to worry about the dress, flowers, food, invitations, centerpieces, favors, you get the idea. I am living this stress right now as my fiancé and I (who am I kidding? It’s mostly me) plan for our wedding this fall. It is easy to get lost in the details of the wedding and not think about life after the walk down the aisle. However, if an engaged couple isn't on the same page about financial matters, their marriage could be doomed before it even begins.
06.06.2013 | by Ken Steidl
I met with a potential client who had recently completed seven years of college, which included three years of graduate school. He graduated with more than $300,000.00 worth of student loan debt and was having great difficulty finding a decent job. More than six months had elapsed since he had graduated, and so the student loan creditors were demanding huge monthly payments on this enormous debt. He came to see me to discuss his options. The first option we discussed was Chapter 7, which allows a person to discharge student loans if they can prove that the repayment of these loans would be a substantial hardship.
05.09.2013 | by Chris Frye
USA Today reported that Oreck, Corp. recently filed for Chapter 11 bankruptcy protection. You know Oreck as the manufacturer of upright vacuum cleaners and various household cleaning products.