There is a credit card alternative that could reduce your interest rate by 50% or more. Of course the best idea is to get out of credit card debt completely. But at the same time, you need to cut your cost of debt. If you carry high-interest credit card debt, there are options that can […]
Can I Reduce My Mortgage if I’m Out of Work?
“Can I reduce my mortgage? I’m out of work and I have no equity in the house.” This was a question our friend Kathy asked me not long ago. She was in serious financial trouble. She asked me how to get her mortgage loan modified and/or how to reduce her mortgage payments. Her situation is […]
How to Protect Your Investments Against Fraud
Are you doing what you should to protect your investments against fraud? Investments and fraud seem to go together these days like peanut butter and jelly. We may have seen yet another example of that last Friday with the scandal over at Goldman Sachs. The good old boys at Sachs have been accused of helping […]
How to Declare Bankruptcy and Wipe Out Your Home Equity Line of Credit
Bankruptcy and foreclosure don’t always go hand in hand. You can actually declare bankruptcy, keep your home and lose your home equity line of credit . Yesterday I told you the story of a woman who had piled up tons of debt and was considering bankruptcy. In that post, I explained how she could declare […]
How to Declare Bankruptcy and Not Lose Your Home Equity
You can declare bankruptcy and not lose your home equity. Let me illustrate how by answering an e-mail I received from “B.” My husband and I run a small real estate business. We thought this was one of the best business ideas we could come up with. But when the “housing bubble” began to burst […]
9 Tax Tips for Self-Employed Folks Like Me
If you are in business for yourself, here are some tax tips for self-employed people you must understand. This is an important guest post that I want everyone to read – even if you’re not self-employed. The reason is that many CPAs forget or overlook these simple ideas. You have to remember that your tax […]