Recovering from bankruptcy can seem insurmountable right after you’ve been through the wringer of filing. Whether you’ve had to deal with unexpected medical bills—the leading reason for filing personal bankruptcy—or you’ve been through a rough divorce or a bout of unemployment, or even just a string of bad financial decisions, going bankrupt can make you […]
When my husband and I relocated to Indiana last summer, we went through the grueling process of selling our house in Ohio and buying a new one in our new town. In addition to the stress of packing, moving and preparing our beloved old house for sale, we were incredibly surprised by the number of […]
“My student loan debt is more than most folks’ mortgage.” I have a blog post on my personal blog that discusses how much I hated being a lawyer, and offers ways to get out of a profession you hate. The discussion in the comments section is fascinating, and heartbreaking, because so many young people are […]
Your business venture didn’t go exactly the way you planned. Although you tried everything you could think of, you’ve fallen short. Your income barely exceeded your expenses, and with April 15 just around the corner you realize there isn’t enough cash to pay your taxes. Not filing a return isn’t an option, because it’s a […]
I’m always amazed when I look at my credit card statements and see the huge gap between the “New Balance” and the “Minimum Payment Due.” On a recent statement: New balance $5,749. Minimum due $115. APR 13.24%. Penalty APR 27.24% (!) With credit card interest inching higher every year, how can it possibly be a […]
So you had enough foresight to determine the price range for your new car before you started shopping in earnest. You did everything right: you calculated a maximum price you were willing to pay, and committed to it. You researched the Kelley Blue Book values, spent a Sunday looking at VINs on the lot (or […]
