mpool's blog

As we begin 2018, we cannot help but be reminded of some of the 50 retail chains that filed for Chapter 11 bankruptcy in 2017.   The list includes:

With the holidays creeping around the corner, many of you may be rushing to make your last minute purchases online.  As you do so, it is important that you protect your credit information from unprotected sites.

Recently, a family member of mine started receiving calls from various financial institutions to verify his information from his recent credit applications.  He never applied for credit from any of these financial institutions.  Someone had stolen his identity and was applying for various credit cards and loans in his name.  Oddly enough, this particular family member never uses credit for

If you have filed Chapter 13, you should know that you cannot incur a debt without the bankruptcy court’s permission during the life of your bankruptcy. We understand that situations may arise where you may need to incur a debt. The most common situations that arise where a debt may need to be incurred are:

When someone files chapter 7 bankruptcy and owes money on a secured debt (i.e., car note, furniture loan), they must make a decision by stating their intentions on what they want to do with the collateral securing those type loans.  The options to choose from are:

The bankruptcy code defines an insider as either a relative, a relative of a general partner, a general partner of the person filing bankruptcy or a corporation in which the person filing bankruptcy is an officer, director or personal in control.  When filing bankruptcy you must answer whether you have made a payment on any debt owed to an insider within the last 12 months of filing bankruptcy.  The trustee will ask you this question, under oath, at your

I have a three-year old toddler and it has been important for me and my husband to find ways to teach her about money and the value of $1.  I firmly believe and have personally learned that there is not a one-size-fits-all approach to parenting.  In our household, the following rules work for our daughter but you may need to adapt these lessons to fit your child’s personality and interests.

A debt settlement company is a business designed to help you negotiate to pay less to your creditors than you actual currently owe.  The company will calculate your payments based upon the debts you owe and its fees for providing the service to you.  As you pay the company each month, a portion of what you pay, less its fees, will be placed into an escrow account.  Once there is enough money in the escrow account to negotiate with a creditor, they will contact the credit

According to a University of Colorado Denver study, there is a direct link between an increased risk of death and financial strain.

Want free groceries?  If so, on April 5th Winn Dixie is replacing its Fuel Perks program with Winn-Dixie Reward + Plenti.  Customers will be able to earn points buying groceries at Winn-Dixie or spending money at any Plenti reward partner.  You can earn points by: