I Can’t Get Married Because My Partner is Sinking in Law School Debt

Dear Steve, Hello and thank you for your time and generosity. My partner of 12 years is drowning in debt, all defaulted school loans. Partner because we have decided not to get married due to his debt as I wish to keep our finances, identities, etc. separate due to his incredible debt burden. He is … Read more

First Ever Central Florida Law Firm To Be Forced To Resign From BBB

KEL law firm, formally Kaufman, Englett & Lynd, has been forced to resign from the Better Business Bureau (BBB) of Central Florida. The resignation of this Orlando based law firm marks “the first area law firm to be ousted in the business-rating agency’s 27-year history.” Apparently the BBB has complained that over the past year … Read more

Alleged Obstruction Of Justice Of Attorney And Client In $188 Million Fraud

At one point in time attorney, Fredrick Cuppy, represented the former owner and chief executive, Peter Rogan, of the bankrupt Edgewayer Hospital and Medical Center in Chicago. Cuppy has now been arrested on federal charges flaming that he and his onetime client, Rogam committed perjury and obstruction of justice to prevent efforts by the government … Read more

It’s Been A Year Since The TSR – What’s Changed With Debt Settlement?

A year ago this month the Federal Trade Commission (FTC) barred debt settlement companies that used telemarketing from accepting up-front fees. Although it’s been an entire year since this change we are still see companies trying sneak in those up-front fees with businesses trying to exploit loopholes. The whole purpose of the Telemarketing Sales Ruling … Read more

Lynn is Working With a Debt Settlement Company But Being Sued By Her Creditor

“Dear Steve, I am with a debt negotiation company for over a year and i am being sued for one of my debts, the law office that represents the debt informed me that the company I am paying money to never contacted them when I faxed the letter over a month ago. Now I have … Read more

The Critical Flaw in The Attorney Model for Debt Settlement

It seems in the face of proposed regulation over the debt settlement industry many debt settlement companies are running for the hills and trying to convert their business into one of the many attorney models out there in order to continue their advance fee approach. The companies who are running for the attorney model cover … Read more

I’m a Lawyer With a Law Degree From a Top Law School and I Can’t Find a Job. Michael

Michael “Dear Steve, I’m almost 30 years old, have a law degree from one of the top law schools in the country, and was laid off in December after working only a few months. In any other economy, I’d be easily employable. Sadly, the world is not looking for junior lawyers with little experience right … Read more

Substitute Teacher Lives in Shelter Instead of Paying Rent. – Tim

“Dear Steve, My Brother-in-Law is deeply in debt. He was laid off from work 6 years ago and hasn’t found a decent job since. He isn’t very smart when it comes to money and lived off his savings until it was all gone. He is now 60 years old, has several thousands of dollars on … Read more

I Graduated From Law School But Barely Getting By. – Michael

Michael “Dear Steve, I ran up about $30,000 in credit card debt in college, law school, and in nearly eight months of unemployment following law school. I recently managed to find and started a good job at about half the salary that I expected I’d be making. Between my student loan payments, and the minimum … Read more

I’m Trying the John Commuta Debt Avalanche Approach but Think I Should be Doing Debt Settlement. – Jerry

“Hi Steve, I’m drowning in debt–about 60,000–but was managing to pay off some accounts and really wanted to do the John Commuta thing, debt avalanche…go that route. To do it, I had to do some juggling between accounts because I’m freelance and my income varies from month to month, but still, it was working and … Read more

Bill Collectors Keep Calling About a Truck We Paid Off in 2003. – Stephanie

Stephanie “Dear Steve, My husband had bought a (used, but newer) truck a few years before we married (around’03?) He sold the car(truck) because full insurance with his driving history (at the time) made insurance and payment more than the rent payment. He knew he was “upside down” on the truck lien when he decided … Read more

What Do I Do About Lawyer Calling Me to Collect on Old Debt? – Jeff

“Dear Steve, Due to a loss of income last year we have been unable to pay numerous credit card companies. We are stable now but cannot catch up. One of the accounts was charged off in the mean time and it was purchased by a debt-collection company. I have received a letter and a few … Read more

Attorney Loses Law License Because of Debts. Forced Into CCCS by Court. Plan Fails Miserably.

An attorney in Texas has lost his law license over unpaid debts and student loans. Pretty scary but totally unnecessary and avoidable. When attorney Frank P. Santulli III first ran into financial troubles in 2001, the Texas Board of Law Examiners ordered Santulli to enter into a debt management plan with Consumer Credit Counseling Service. … Read more

Ed is Disabled and Falling in Debt Fast. What Can He Do?

“Dear Steve, I am disabled and falling in debt faster than i can handle. I am barely staying alive with trying to feed my family. I am behind on my mortgage and regular bills (utilities). I stopped paying on my credit cards just to try and keep my utilities from being disconnected. credit card companys … Read more