Social Security Overpayment and Other Senior-Specific Bankruptcy FAQ

4 days ago
Chad Van Horn

The New York Times reports that bankruptcy is increasingly a fact of life for many senior citizens feeling a hard and unexpected financial squeeze. Many factors have gone into taking otherwise secure retirements into bankruptcy court and driving those even less secure into poverty that Social Security and other safety…

How to Know When Debt Collectors Using Fake Summons Contact You

You have just been served with a court summons. As soon as you first realized what you were holding in…

2 weeks ago

Plan on Leaving the Country? Maybe Not if Your Tax Debt is Too High

Did you know that you could be denied a passport or have your passport revoked for excessive tax debt? You…

4 weeks ago

Snowflakes, Snowballs, and Avalanches: Get Serious about Paying Off Debt!

It might seem counterintuitive in balmy Florida, but the key to paying off debt might be snow. Yes, that cold…

1 month ago

Pay Down Your Debt with the Debt Avalanche Method

As of April 18, 2018, the average credit card debt or household is $8180, with the total credit card debt…

1 month ago

Using the Snowball Method for Paying off Debt

For anyone searching Google for “methods to get out of debt” you have no doubt turned up various methods to…

1 month ago

How to Use the Snowflake Debt Approach in Three Steps

Money trouble -- it's a problem that just won't go away.  Millions of Americans find themselves in debt, with bills…

2 months ago

Will I be Sued for School Debt?

Question: Will I be sued for school debt? This is a reasonable question because nearly 11.2 percent of the $1.48…

2 months ago

Rags, Riches and Royalty: The Parable of the Thomas Markle Bankruptcies

The latest celebrity gossip and rags to riches story also has a more complicated financial lesson to go with it.…

2 months ago

A Few Tips: Are Retirement Accounts Exempt from Bankruptcy?

Declaring bankruptcy is a stressful process, whether you’re dealing with Chapter 7 or Chapter 13. However, contrary to popular belief,…

2 months ago