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Tag Archives: police officers

I’m a Disabled and Retired Police Officer With Debt. – James

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“Dear Steve, I am now a 52 yr. old medically retired policeman. I have been retired for now two years, I always worked secondary security jobs as most police do, so I accumulated a lots of debt, vehicles, etc. I was claimed disabled for health reasons, and I had disability insurance on my vehicle. Now since I was forced to ... Read More »

I’m a Police Officer With an Underwater House And I Want to Get Out of Debt. – Jim

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“Dear Steve, I am a police officer with a part time employed wife and 2 toddler children. We have about $66,000 in debt ($53,000 from HELOC that was used for home purchase and $13,000 in credit card debt). We have been slowly paying off the credit card debt by completing balance transfer offers, etc. We do not use these cards ... Read More »

There Is No Good Debt and Bad Debt. Debt Is Debt.

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Like nails on a blackboard, the mere mention of this notion that there is good debt and bad debt, irritates me. Debt is debt. So I was reading this article on a law enforcement site about debt faced by police officers and it was trying to rationalize the old good debt versus bad debt argument. The concept of good debt ... Read More »

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