Category Archives: credit cards

I Spent Too Much on Christmas Gifts…Now What?

I have previously posted tips on how to avoid a Christmas debt hangover.  Maybe you didn’t get the memo, but that’s okay.  Pull up a chair and we’ll roll up our sleeves to see what we can do. The first thing to do is not to panic.  December is traditionally a slow time for bankruptcy…

Rebuilding Your Credit After Bankruptcy

I find that people with large amounts of debt are often too obsessed with their credit score. Your credit score will not buy your groceries and I doubt that companies such as General Motors, Texaco or United Airlines gave much thought to their respective credit ratings when they filed for bankruptcy. Nonetheless, your credit history…

Finding the Right Bankruptcy Attorney for You

Finding the right bankruptcy attorney for you is not an easy process. In the last several months, I have taken phone calls from 2 debtors that hired out-of-area attorneys only to be abandoned in the middle of complex Chapter 13 bankruptcy cases.  Both paid lots of money up front only to be left without an…

Stop Using Credit Your Credit Cards Before Filing for Bankruptcy

Even if you aren’t considering bankruptcy right now, you are probably reading this because you are in financial  trouble.  Stop using your credit cards!  If you do end up seeing an attorney, continuing to use your credit cards could make the purchases nondischargeable.  “Nondischageable” is fancy lawyer talk that means “you are stuck with this…