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An unsecured debt is an obligation or debt that does not have personal or real property serving as collateral for payment of the debt. If you fail to make payment on an unsecured debt, the creditor cannot take any of your property without first suing you and getting a court judgment. There are a few exceptions to this rule, such as back child support, back taxes or delinquent government backed student loans.

With the holiday shopping season upon us, I think we need to talk about credit cards and the evil that may lurk in the fine print.  It is difficult to checkout at any store lately without the clerk trying to push me to open a credit card.

Several weeks ago, the Consumer Financial Protection Bureau (CFPB) announced new rules governing payday lenders set to go into effect in 2019—that is if Congress doesn’t have its say first.

A piece of bipartisan legislation concerning Chapter 12 of the Bankruptcy Code landed on the President’s desk for signature last week.  The Family Farmer Bankruptcy Clarification Act of 2017 was sponsored by Senator Al Franken (D-Minn.) and Senator Chuck Grassley (R-Iowa), and was included as a part of the supplemental appropriations package that the Senate approved 82-7.  “Our bipartisan bill is a commonsense fix to ensure that the law functi

Given the high denial rates by the VA for Gulf War veterans, here is an interesting article about veterans who are doing something about it and helping other veterans.

The Social Security Administration (SSA) recently announced that it would be passing along a roughly two percent Cost-Of-Living Adjustment (COLA) to about 60 plus million Social Security recipients next year.

A federal jury in Manhattan found Kansas City businessman Scott Tucker guilty on all counts in a racketeering case. Tucker owned a $2 billion payday-lending business, which prosecutors had argued was built on illegal partnerships and predatory loans.

Like nearly everybody else, you’ve had a mobile phone for some time now and, for the most part, you love it. You can call, text, tweet, email and otherwise communicate with all the important people in your world.

Over the years, I have talked with several people who were apparent victims of a criminal scheme to get money through deceptive means.  I have heard stories of online romance that turned out to be completely false and a ploy to bilk a lonely person with access to money and/or assets.  Some individuals cashed out all of their savings and/or retirement accou

Today marks the 12th anniversary of the implementation of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA). The BAPCPA, bought and paid for by the banks and credit card companies, represented the biggest overhaul of the bankruptcy system in our country in almost 30 years.