Tag Archive: bankruptcy

Annual Milwaukee Money Conference April 25th

Please join me at the Milwaukee Money Conference. I’ll be speaking about evaluating your financial I.Q. and tips to avoid bankruptcy. Yes, a bankruptcy attorney giving tips on how to avoid bankruptcy. Other sessions for adults includes Homeownership 101, How to keep your home, and How to Avoid Predatory Lending. The event will be held [...]

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Debt Settlement Co. Big Promises Little Help

Tyna Carter, burdened with $25,000 in credit card debt, did not want to be a deadbeat. After looking for help on the Internet, Mrs. Carter, a West Virginia homemaker, wound up in the hands of a sweet-talking “credit specialist” from Texas. He claimed his company, Credit Solutions of America, could set her on the road [...]

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New relief from card cards

WASHINGTON (Reuters) – Abusive credit card practices were criticized on Tuesday by a U.S. senator who has introduced legislation prohibiting lenders from making claims on consumers in bankruptcy if interest rates are excessive. Senator Sheldon Whitehouse, a Rhode Island Democrat, told a hearing on credit card practices that Americans are relying more than ever on [...]

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What can I do about my back taxes?

There’s that old saying, “there are two things you can count on in life death and taxes”.  Just like any other debt people sometimes struggle to pay their income taxes.  The reasons are varied, not withholding enough, taking retirement account distributions, etcetera. I recently met with a client that had been struggling for six years [...]

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Congress Considers Plan to Limit Credit-Card Rates & Fees

According to Jeff Plungis of Bloomberg.com   A U.S. House Financial Services subcommittee began considering a measure to curtail how lenders such as Bank of America Corp. and Citigroup Inc. set credit-card interest rates and charge customer fees. Under the credit-card “bill of rights,” sponsored by Representative Carolyn Maloney, a New York Democrat, consumers would be [...]

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