mpool's blog

Payday lending has long been controversial. While payday loan providers bill themselves as an important safety net for people in need of quick cash to cover unexpected expenses, these high-interest loans can be a trap for consumers--typically, the consumers who can least afford it.

Many Americans are concerned about the high cost of care if we get seriously ill with COVID-19. According to the Centers for Disease Control and Prevention (CDC), the median hospital stay for a COVID-19 survivor who is admitted is from 10-13 days. That is a big bill, even for many with insurance. For the uninsured or those with very high deductible plans, the debt could be crippling. 

Both Lee and Barbour counties are located within the Middle District of Alabama. Many lives were affected yesterday by the tornadoes that swept through Lee and Barbour counties. Our thoughts and prayers are with the families and communities affected by the tornadoes for their lives will be forever changed by these tornadoes.

A week ago, one of the members in my family called me to tell me that her mortgage company asked her to stop making her mortgage payments so she could qualify for a specific type of mortgage modification.  She asked me whether she should do that.  The answer is NO.

There are four costs to consider when filing for bankruptcy.  The four fees are credit counseling/personal financial management fees, filing fee, attorney’s fee and the trustee’s fee for administrating your case.

It seems like every time I watch the news; every single story is negative or sad in some way.  I don’t know about you but when I wake up in the morning the last I want to hear is a ton of negative news to start my day.  Fortunately, in the past week, there have been a few stories highlighting some random acts of kindness.

With a toddler in the household, my grocery and household trips with her can end up costing me an extra $100 or even more.  As a busy Mom, I am always looking for ways to save time and money.  This year, I have discovered some apps that allow me to save BOTH that I am going to share with you:

In our business as bankruptcy attorneys, we get the pleasure of helping adults get out of debt.  At our firm, we also look for ways that we can help our community and ways to mentor children.

In my line of work, I see people frequently who are under an extreme amount of financial stress.  These people handle the stress in one of two ways, there are those who could care less if collectors are calling but just want to get their finances under control and then there are others who are scared and stressed that they have collectors calling because they don’t have the income to pay the debts.  It is how one views the stress that determines whether that stress w

If you are looking for ways to pay down debt or find money to make a large purchase, you may be sitting on a gold mine at your house.  Besides the obvious categories, such as furniture and toys, there are several other categories of items where you can make money fast from your own home and they are: