Inflation and interest rates are the two primary culprits. Bankruptcy can actually be a fix to this problem and is something that everyone should evaluate NOW. Does it make sense to clear the deck and start fresh? Especially when that deck is stacked against most Americans who are not otherwise…
Articles Posted in Reboot Your Life
What if you can’t Catch up on Bills that Piled up During COVID-19?
As the owner of a small bankruptcy law practice in Tampa, Florida, we were often thought of as the epicenter of the great recession and foreclosure crisis back in 2008-2012. One thing that always made a big impression on me, was the number of people who genuinely believed and tried…
Credit Tip
Did you know that simply having a mix of accounts is 10% of your overall credit score?! A mix of accounts can show that you know how to manage all types of credit. It is good to have a history of repaying an installment loan, such as a car or…
Are You Filled with Questions about how your Children will do School this Fall?
I don’t have kids of my own, but if I did, I would absolutely talk with Kellyann below about how best to do this. She’s full of good ideas on virtual learning, homeschooling, tutoring, socialization. Ideas that could really help right now! Check out her Collaborative Classroom Cubes on her…
How to Correct Your Credit Reports When Your Mortgage Payments are Not Reported Post Bankruptcy Discharge
It can be risky to reaffirm a mortgage in a bankruptcy, particularly when the property is underwater (worth less than what is owed), or you may need to move and sell quickly. A reaffirmation agreement puts you back on the hook to pay for the full amount of the mortgage,…
Out of a Job due to COVID-19 and Need to Make a Mortgage Payment?
How do I make my mortgage payments for the next three months? When people asked and learned that I am able to work from home, they are a little envious. What they don’t understand is that one cannot “work from home” indefinitely. At some point, there will be no work…
Tips for Parents Saving for College
A 529 account and/or a Florida Pre-paid account is a no brainer. A 529 account is NEVER taxed. As long as you use the money for educational expenses, the gains from bond interest, stock dividends and stock appreciation is never taxed. You can easily set up an account through Vanguard…
Home Buying Tips: Avoid Origination Fees
Many Floridians have moved beyond the foreclosure crisis and are now in the market to buy a home – we have some credit rebuilding tips in our free e-book “Reboot Your Life After Bankruptcy” https://christiearkovichpa.ac-page.com/bk-ebook-reboot. This e-book is not just for those in bankruptcy, but it also may help those…
Words of Wisdom From a Financial Coach – Help to Reboot Your Life!
The financial website “Marketwatch” released a study of the American people’s money situations. It was disturbing at best. The report found about half of our households live paycheck to paycheck. 19% have zero in savings, while 31% have less than $500. It’s no surprise that nearly half described themselves as…
College Scorecard Helps Students Decide on Colleges
Fox 13 interviewed us in connection with their terrific story yesterday on the College Scorecard: College Scorecard a Wealth of Information on Every College and University in the Country. Anyone with a high school student or someone bound for college, should look into this resource to help make the decision…