01.08.2014 | by Kenny Steinberg
Filing bankruptcy: how much is my house worth?
If you have been reading the blog and saw our article on keeping your house when you file for bankruptcy, you saw that you are allowed to keep over $20,000 in equity in your residence, double that if you are married and both of your names are on the deed.
01.03.2014 | by Kenny Steinberg
My income tax return is coming. Should I pay my bills with it?
If there's one thing that can get a person through the cold, snowy winter months, it is the hope of receiving a healthy refund from your income tax return. The question then becomes, what is the best use for this money?
12.19.2013 | by Kenny Steinberg
Retirement plans and bankruptcy
I was reading Dave Ramsey’s column in a recent edition of the Erie Times-News and he was asked about using 401(k) contributions to pay down debt instead of contributing to one’s pension plan. Ramsey's thoughtful answer in this case was to advise the reader to halt the contributions and pay down the debt first. In this case, it appeared to be sound advice.