Latest Posts
Home > Author Archives: Steve Rhode (page 680)

Author Archives: Steve Rhode

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

Ready to Collapse

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.

    Ready to Collapse

    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

      Ready to Collapse

      “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

        Ready to Collapse

        “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

          Ready to Collapse

          “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

            Ready to Collapse

            “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.

              Ready to Collapse

              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.

                Ready to Collapse

                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 »

                  Debt Collectors Agree to Not Chase Debtors for 30 Days

                  Ready to Collapse

                  Collections agencies in the UK have agreed not to chase debts for 30 days when debtors seek advice from accredited debt management companies. The 30 day breathing space, agreed between the Department of Business, Enterprise and Regulatory Reform (BERR) and the Credit Services Association (CSA), will start once an accredited debt management company has been appointed to help a debtor. ... Read More »

                    Sensible Christian Advice Video to Get Out of Debt

                    Ready to Collapse

                    I’ve written in the past about my issues with those outfits that promote themselves as Christian credit counselors. Read “Is Most Christian Debt Advice Bogus? Here’s What Jesus Would Really Do.” But for those that are interested in a good perspective on sensible debt advice based on the bible and scripture, I suggest that you watch the video below from ... Read More »

                      Watt Did You Say? Going Green and Gaining Green.

                      backyard_botanical_main

                      In what has become almost an obsession with me I’ve been running around changing all the light bulbs in my house to reduce the electric bill. Currently we use 2800 kilowatt hours (kWh) of electricity each month and I really want to get that number down to save cost, but also because I’ve been glued to the television show “Living ... Read More »

                        Chapter 11 Bankruptcy Irony – TVI Corp

                        tvicorp

                        In what struck me as a moment of irony, I read this morning about TVI Corporation, a Maryland based manufacturer of disaster shelters and other protective equipment, that has filed for Chapter 11 bankruptcy protection. It seems that while they manufacturer many types of disaster shelters, they didn’t have one to protect them from financial disaster. In an effort to ... Read More »

                          We Owe $191,000 in Student Loans And I Need to Go Back to School. – Rob

                          Ready to Collapse

                          “Dear Steve, Myself and my wife are both out of college. I went to a private university, big mistake as my mother tried to tell me, and now between the two of us we are about $191,000 in debt to student loans. Thanks to my grandmother, when she passed away she left me enough to pay off any credit card ... Read More »

                            I Have Three Credit Cards With Rates Around 25%. How Can I Get Out of Debt? – Bill

                            Ready to Collapse

                            “Dear Steve, I have over 13k in credit card debt with 3 cards, my rate on all 3 is around 25% How can I lower the rate. I have a steady job so far, my wife doesn’t, she is self employed. we have 2 car pmt and a mtg payment How can I lower the rate? Is it possible to ... Read More »

                              Canadian Bankers Whining About Credit Card Interest Rates. They Must Think Canadians Are Idiots.

                              Ready to Collapse

                              According to UPI, the Canadian Bankers Association defended credit card fees to a senate committee in Ottawa, saying consumers have a choice of 68 low-rate cards. I guess that’s like saying that Canadian consumer that don’t chose one of those 68 low rate cards are idiots. The senate’s Standing Committee on Banking, Trade and Commerce is having hearings on fees ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.