Debt to income ratio is an important component of your financial health.
While there is some disagreement as to how much this ratio actually impacts your credit score, there is no doubt that it impacts your credit worthiness.
Lenders will use this ratio as a factor to determine whether you are eligible for credit…

Last week I talked about financial hemorrhaging and how I am seeing more and more clients unable to stop the bleeding.
These wounds are being suffered in the ongoing battle between student loan debt collectors and helpless borrowers.
This battle has reached crisis level and there is no end in immediate sight.
To make…

Sometimes you get hit and it hurts.  We have all been wounded at some point in our lives.
Wounding can be physical or emotional.  They can nick shallow or slash deep.
Once wounded, the healing begins.  This process can be quick and painless or it can be a long, painful struggle.
As the bleeding stops,…

Cold, hard cash.  We all could use some more of it to help us get through our financial travels.
As a bankruptcy attorney, I don’t see many clients with extensive “cash reserves.”  If I did, I would likely point them down an alternate path of financial recovery.
On the other hand, despite what many people…

Creditors can sometimes act like little children.
They whine, they complain, they badger and occasionally they throw tantrums when trying to collect their debt.
Unfortunately, they share none of the endearing qualities of the children they imitate.
When a bankruptcy case is filed, your creditors will engage in extremely immature behavior and often times straight…

I am an avid reader and a huge fan of speculative fiction.  In fact, this is not the first time a fantasy novel has inspired an article from me.
One of the first (and best) fantasy novels that I read was A Song of Ice and Fire by George R.R. Martin.
For…