If I File Bankruptcy Will I Still Be Able to Use My Business Banking Account?

Question: Dear Steve, How soon after filing Chapter 7 can I start making checking account deposits and withdrawals? As someone self-employed, I need to deposit and withdraw working capital into and out of my checking account. I understand that some banks freeze checking accounts upon learning of bankruptcy. This would be disastrous for me, as … Read more

Why Does ClearOne Advantage Have No Rating With the BBB?

Question: Dear Steve, I was looking at Clear One Advantage and tried clicking on the BBB Accredited Business A+ link featured on the homepage of their website. However, the link doesn’t work. I searched the BBB and found the Clear One Advantage profile, which shows “No Rating.” Here: https://www.bbb.org/us/md/baltimore/profile/debt-relief-services/clearone-advantage-0011-90096368 Any idea why the No Rating? … Read more

Is Litigation Practice Group a Good Company?

Question: Dear Steve, Between my Visa and my line of credit, I owe $25,000, I would like you to tell me if the Litigation Practice Group is a good company to go with, LPG out of San Clemente, California. I live in Utah. Kerin Answer: Dear Kerin, Litigation Practice Group seems to be an interest … Read more

Where Do You Pay off Student Loans?

Looking for the right place to pay off loans? Unfortunately, there’s no blinking neon sign for borrowers to “Repay Loans Here.” Instead, borrowers may have to go old school, and make a phone call to meet their new best friend—the student loan servicer. It all starts with contacting the Federal Student Aid Information Center to … Read more

The Ivy League’s Biggest Scam: Expensive Graduate Degrees That Don’t Pay Off

If you are thinking about enrolling in a pricey Ivy League graduate program, read a recent Wall Street Journal article titled “Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off.” Reporters Melissa Korn and Andrea Fuller report on a WSJ analysis of student debt owed by people who graduated from prestigious schools … Read more

FTC Charges Two Florida-based Companies with Helping Student Debt Relief Scammers

Two Florida companies and their CEO will be permanently barred from offering payment-processing services to settle Federal Trade Commission allegations that they aided a criminal student debt relief scam that bilked $62 million from thousands of students and their families. According to the FTC’s complaint, Moneta Management, LLC, Moneta Management, Inc., and their CEO Michael … Read more

Typical Retirement Expenses to Prepare For Like a Boss

Sleeping in until noon. Spoiling the grandkids with gifts and freshly baked cookies. Traveling around Western Europe to sip wine and eat croissants. Many people dream about how their retirement years will play out. These goals are 100% attainable—as long as retirees have saved enough during their working years. Unfortunately, not all Americans know what … Read more

Timeshare Exit Team Scores a Kind of Win and Loss at the Same Time

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One of those companies that says they help people to get out from their timeshare has ended a suit against them on the verge of a jury trial. Reed Hein & Associates does business as Time Share Exit Team. Court documents filed by Westgate Resorts, Westgate Vacation Villas, Westgate Lakes, Westgate GV at the Woods, … Read more

4 Tips To Help Manage Your Personal Finances Better

Managing personal finances. It can be a challenge for various reasons. Regarding personal finance management, your goal might be to make positive changes to your financial circumstance and live more comfortably. The question is, how can you begin to manage your personal finances more simply? And which steps can you take to stay on top … Read more