For those of us who have been through a marriage, those word of promise recited with starry eyes in front of our family and friends are SO familiar. But most people who enter this sacred union amid dreams of happily ever after are really not concerned (initially) about the dreaded “D” word severing their union; [...]
Entries from October 21st, 2008
Until Death (or Debt?) Do We Part
October 21st, 2008 · No Comments · Consumer Debt, Your Money
Tags: credit·debt·divorce·finances·financial issues·marital debt·marital finances
Do You Owe a Debt? No Military Promotion Until You Pay It
October 20th, 2008 · 3 Comments · Consumer Debt, Debt Collection
Collection agencies are starting to pull all sorts of tricks out of their little black bags. A reader recently wrote about the unbelievable situation where NCO, a large collection agency, sent a soldier’s Commanding Officer a “letter of debt” informing the CO of the soldier’s collection account. It’s true that the military frowns heavily on [...]
Tags: Article 134 of the Punitive Articles of the UCMJ·collection agencies·debt·FDCPA·NCO·No Military Promotion·Soldier Soldiers' and Sailors' Civil Relief Act
Your Quarterly Statement: Should You Look, or Leap?
October 17th, 2008 · No Comments · Your Money
Of course, in my humble opinion, there is no amount of lost-money-on-paper that would ever be worth “leaping” over. But if you don’t look at your statements, does it make it any less painful? Perhaps simply speculating that it is “probably not as bad as we think”, or even that it is worse than it [...]
Tags: 401k·brokerage account·financial advisors·investments·IRAs·quarterly statement·stock accounts
I Can’t Pay My Bills!
October 16th, 2008 · 1 Comment · Consumer Debt, Credit Counselor Front Lines
As you can imagine, if I had a dollar for every time I heard that one, I could pay EVERYONE’S bills. Most of the debt I hear about is credit card debt, and believe it or not, it’s usually an amazing $35,000 to $50,000 or more. The largest amount someone ever told me about during [...]
Tags: Can't Pay Bill Large Debt Credit Card Counseling Session
