Review your coverage during open enrollment

According to an article this Sunday in the Dallas Morning News, “It’s open season, and time to rethink your health plan,” this is the year to rework and review your health insurance coverage. Over the last several months, many workers crammed in last minute medical care in anticipation of job [...]

Many people find their credit card canceled even though they had a zero balance and the credit card was not included in their bankruptcy schedule.
Imagine six months after your bankruptcy has been discharged.  You’ve turned your financial situation around and there is no more worrying how you are going to pay your bills.  Everything is [...]

According to an article in the Dallas Morning News, Texas legislators have created stiffer criminal penalties for those who defraud senior citizens.  The influential group, the Texas Silver-Haired Legislature urged that decisive action be taken against criminals who target senior citizens for foreclosure scams, credit card scams, identify theft and other types of financial abuse.
The [...]

Consumers affected by drastic changes in credit ratings.
More and more people are receiving the pink slip, but not just from employers.  It seems that the credit card companies that were once so eager to be your friend and trusted financial advisor are also letting people go, or at least significantly reducing the welcome status of [...]

In the bankruptcy case of (Martinez, Erasmo; In re, (Bankr. S.D.N.Y. 2009)) the bankruptcy court ruled that the Chapter 13 bankruptcy debtor could reduce the amount of a claim secured by an automobile purchased more than 910 days before filing bankruptcy.
The details of the bankruptcy case:
The Chapter 13 bankruptcy debtor proposed a plan that crammed [...]

Petition Preparers sound like a good bargain until you realize that they can’t give legal advice.
If you are considering bankruptcy, chances are you hard pressed for cash.  One place you better think twice about bargain hunting excessively is your bankruptcy filing.  If you’ve done any research on bankruptcy, it is likely that you have seen [...]

After your bankruptcy has completed, you need to take steps to make sure that you avoid the same mistakes that helped lead you to bankruptcy.   One of the things you can do to get your financial life back in order is to begin to use credit wisely.  Not only will using credit wisely help you [...]

The only thing worse than navigating the treacherous waters of bankruptcy on your own is doing so with an inept captain at the helm—it’s like trusting Gilligan over the Skipper when it comes time to get off the island.  But, considering just how many attorneys are out there, you may find yourself at a loss [...]

In the Chapter 7 bankruptcy case of Rudler, Glen H.; In re (Morse, U.S. Trustee, v. Rudler) the bankruptcy court allowed the debtor to take a Means Test expense deduction for debt payments on a property he intended to surrender during bankruptcy.
The details of the bankruptcy case:

“The above-median income debtor filed for Chapter 7 relief [...]

According to an article in the Star-Telegram, new rules governing electricity companies will take affect December 1st that may save consumers money.  In the past some consumers many of who were already struggling financially, facing foreclosure or considering bankruptcy, were often slammed with high electricity bills when their fixed-rate electricity contract expired.  Or, consumers could [...]

Just ten years ago Bernie Kosar presented himself as a humble but confident businessman when he spoke of other professional athletes.  He said, “A lot of athletes think that sports is [sic] a business and since they play sports they’re businessman. That’s a bad assumption.  I know athletes who would like to have what they [...]

According to an article in the Dallas Morning News, the high-profile 1001 Ross Avenue apartment block with retail space on the ground floor was posted for foreclosure.
The article said:
“The downtown Dallas apartment project is one of 184 commercial and investment properties threatened with forced sale at next month’s foreclosure auctions in Dallas, Tarrant, Collin and [...]