Being a firefighter, police officer, or any other public safety position can make you much more susceptible to experiencing financial stress and failure. Over all the years since I started helping people with debt in 1994, I’ve helped many involved in public safety. They’ve had similar but distinct struggles. One of my past clients told …
Question: Dear Steve, I have separated and have no assets except a 2006 Chevy SUV. I can afford my rent and one loan, but I can’t afford the credit card debt I piled up. Should I file for bankruptcy would be the third time, first though in this new county, or just stop paying? Tom …
Question: Dear Steve, I am 50 years old. I got separated ten years ago and moved out of my house. My one child is now in college. When I moved out, I made about $60k/Yr salary and $80K for the last few years and now, just recently, $90K. I claim married one fed, one state, …
An uncontested DIY divorce could cost $300. For a messy, high-stakes parting, add zeros (knowing that the sum will be short of Jeff Bezos’ $38 billion). When the nuptial knot frays, average divorce costs add up to several thousand. Specifically, $13,000, on average, when a full-service lawyer handles the split, Nolo found. But all kinds …
Question: Dear Steve, I am 47, divorced, 2 teenagers, work full time as a radiological technologist at a privately owned company out of the state. The doctors’ group that read our films owns our building. After my divorce, I filed for chapter 7 bankruptcy. I reinstated my van, rent a townhouse in mid-lease. I have …
If you’re going through a divorce, you’re probably exhausted by the emotional upheaval and the day-to-day details of carving out a new, separate life. One thing that’s easily overlooked — or outright ignored — in the turmoil of divorce is what your financial picture will look like down the road. Some people want out of …
Question: Dear Steve, My ex and I took out a HELOC before the divorce. She quit claimed the home to me. I recently settled w HELOC, and the balance of the debt was forgiven. My ex and I both received 1099-c forms. My debt was discharged through a chapter 7 bankruptcy. My ex never claimed …
Question: Dear Steve, DIRECT BUY Just added a collection to my credit report on 12/2019 pulling my score down significantly. In divorce I proved my ex husband was responsible for this debt and he agreed in writing as he wanted to keep the account for his contracting business although account was in both our names. …
Question: Dear Steve, I was stuck with the credit card debt after my divorce and had a bad year. I’m drowning in credit card debt $10,000 plus I have my teenager (full time local college student living with me – EMT) I work full time and part time. Monica Answer: Dear Monica, This situation is …
Question: Dear Steve, I have suffered through court proceedings for the past ten years with my ex. Divorce finalized In 2011, and I ended up filing for bankruptcy due to owing $40,000 in debt for attorneys. He continues to take me to court pro se (as you can’t keep somebody from filing petitions against you …