EX-NBA STAR COLEMAN FILES FOR BANKRUPTCY

FoxSports Former National Basketball Association No. 1 draft-pick Derrick Coleman, who filed for Chapter 7 bankruptcy protection last month, says he owes his creditors nearly $4.7 million, The Wall Street Journal’s Bankruptcy Beat blog reported Friday. Former National Basketball … Read More

FILING FOR BANKRUPTCY IS A PROCESS. REALITY CHECK: THERE IS NO I IN BANKRUPTCY.

Reality Check: There’s no “I” in BankruptcyThe fact is that filing for Chapter 7 Bankruptcy is less about the person and more about the process. Let me say it a different way- there is no “I” … Read More

HOME LOAN MODI ”FICTION” SUCCESS STORIES, DE”CLIMBING” UNEMPLOYMENT AND OTHER FAIRY TALES. TIRED OF STORY TIME WITH OBAMA? 57% OF AMERICANS SURE ARE. GET THE FACTS AND TAKE ACTION….

Just one letter can mask the truth as evidenced in the title of this article. Home Loan Modification has really turned out to be “modi-fiction”, a manufactured term that has very little basis in truth. If … Read More

SIZE DOES MATTER: WHEN BIG IS A BAD THING; LEVEL OF DEBT TO INCOME FORMULA IMPOSES PAINFUL PENALTIES FOR AMERICANS WITH HIGH LEVELS OF CREDIT CARD DEBT.

Remember when it was encouraged to borrow more and acquire additional credit cards? Consumers were told that having credit card debt was actually a “plus” as the monthly payments they made demonstrated the willingness to pay … Read More

THE BUTTERFLY EFFECT: ENVIRONMENTAL CRISIS IN GULF CAN TRIGGER FINANCIAL CRISIS ACROSS THE UNITED STATES

While watching the ongoing coverage of the BP Oil Spill in the Gulf, Americans residing in areas outside of the Gulf may naively assume that only those individuals residing and working in the affected geographical areas … Read More

ADVICE TO “SMALL PEOPLE” IMPACTED BY THE BP GULF OIL SPILL

I consider myself one of the “small people” that the leader of BP condescended to “ care about”. Raised with 6 other children on a teacher’s income, as a boy, I trimmed hedges and mowed lawns … Read More

WHEN YOU LAY DOWN WITH CREDIT CARD TERMINATORS YOU’LL GET A LOT WORSE THAN FLEAS

WARNING: The Latest Internet Scam is Credit Card Debt Termination. Too good to be true because it is 100% False.Consumers be warned- “credit card debt termination” scams are spreading like wildfire right now on the Internet. … Read More

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