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Home > Author Archives: Steve Rhode (page 678)

Author Archives: Steve Rhode

gotmon3y

Today, I was at the beach walking on the boardwalk without a shirt on. Two cute girls are walking my way and I decide to try and impress them by flexing my abs. While I flexed them, I accidentally let a fart out that everyone heard. Everybody, including the girls, laughed hysterically at me. Read More »

    GT716

    Today, I was at work at a local hot dog chain. A child (about 10, who I've seen there before) came in to order food for his Dad. He orders very excitedly, and I told him he'd be a great worker here when he gets older. He said "oh no, my Dad says I'm too smart to work in a place like this." Read More »

      Brastro

      Today, we were at the end of our surfing trip watching a photo montage. A picture popped up of a ugly girl surfing so I shouted out "I didn't know Shrek could surf". The room went very quiet. 'Shrek' was sitting beside me. Read More »

        FBI & FTC Investigating Foreclosure Rescue Companies and Loan Modification Schemes

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        The Federal Trade Commission today announced a crackdown on fraud and deception by mortgage modification and home foreclosure rescue companies. The FTC is seeking to halt the proliferation of these mortgage relief scams – which target distressed and vulnerable consumers who are delinquent or facing foreclosure – through increased law enforcement, consumer outreach, and close coordination with federal, state, and ... Read More »

          Most People Hate the Debt Advice They Get and Instead Seek Out Answers They Want to Hear

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          Since I’ve been helping people with money troubles, since 1994, one constant has existed, people don’t like the debt advice they get. This is not a reflection on the quality or appropriateness of the advice they get but a reflection of a conflict between what they want to hear and what they do hear. The denial to accept sound advice ... Read More »

            The Emotional Toll of Financial Problems

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            A nice article from Fort-Myers, Florida, that has been especially hard hit by the economic problems facing us, highlights the emotional toll that bankruptcy can take on people. As the article points out, those that are facing financial problems today are facing failure for the first time in their adult life. Dealing with the feelings of failure can lead to ... Read More »

              Most Debt Advice Suggested is Snake Oil or the Wrong Solution For People In Trouble. Here’s Why.

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              I’ve been following the conversations on Twitter (@GetOutOfDebtGuy) and watching what others are saying about debt management, credit counseling, debt settlement and bankruptcy and it really has me worried and concerned. I’m a guy that lived through financial problems myself and went bankrupt in 1990. I then went on to found and run a non-profit credit counseling company, Debt Counselors ... Read More »

                My Dad Took Out Cash Advances on My Credit Card And Took All of My Savings. – Heather

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                Heather “Dear Steve, I am a recent MBA grad who got into a lot of debt before and during school because I needed to help out my family. Due to my dad taking out cash advances on my credit cards and then my having to live off my credit cards during school because I had also given him all of ... Read More »

                  Loan Modifications. More PR Than ER. 57% of Monthly Payments in Modified Loans Are the Same or Higher.

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                  According to a recent study of loans that were modified by lenders, only 29% of loan modifications made at the end of last year actually reduced borrowers’ payments by more than 10 percent. Now this is a good news, bad news story. The good news is that some loans did receive some needed modifications. The bad news is that for ... Read More »

                    I’m Suing My Brother and Sister For Taking My Money. – Richard

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                    “Dear Steve, Here’s were I’m at I got about 25 days left before I move and I got a civil suit agnist my brother and sister for taking my dads will having the will changed and stealing the money. I’m self employed but don’t have enough to do what I gotta do can you help me? Were can i get ... Read More »

                      How Can I Get Out of Debt? – Chris

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                      “Dear Steve, I have about $2,000 in medical debt and about $1500 in other debts , wondering how i can get out? Chris” Read More »

                        I Just Got Served For a Credit Card Debt. – George

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                        “Dear Steve, I just got served for a credit card debt. What can I do after I got served for credit card debt? George” Read More »

                          My Part Time Computer Repair Business is Going Down the Tubes. – Eric

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                          “Dear Steve, Part time business of computer repair / consultation. I work full time for a fortune 500 company. The part time business was formed as a LLC, can the LLC file chapter 7 or 11 and leave the personal stuff alone? Eric” The Answer   Dear Eric, It depends. The most important issue is going to be if you ... Read More »

                            Circuit City May Be Dead, But Not The Circuit City Credit Card. It’s Alive.

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                            This news about Best Buy and Circuit City was recently reported. Best Buy Co. Inc. is making a move to woo people who had credit cards through its now-defunct competitor — Circuit City, according to media reports. Best Buy spokeswoman Sue Busch told Bloomberg News that Chase Bank USA will automatically issue Best Buy cards to existing Circuit City credit-card ... Read More »

                              Save Money Shopping. Don’t Touch Stuff.

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                              Really smart brilliant people design retail chain stores knowing the hidden tricks that will lead you to spend money when you don’t want to. For some people it is the subtle chocolate chip cookie smell pumped into women dressing rooms that spokes sales or just laying out merchandise so you can easily touch it. Here is story all about the ... Read More »

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