Credit Card Debt and Age: What Happens When Seniors Can No Longer Pay Their Debt? A New Look

By Eric Olsen, Attorney and Executive Director HELPS Nonprofit Law Firm Many seniors with credit card debt can’t afford to search for solutions. They see an ad on TV or search the internet and turn to a debt relief company for help. There are scores of these companies with fancy websites, BBB, and A+ ratings … Read more

4 of the Fastest Growing Jobs for Seniors

It’s no secret: seniors are working at historic rates. Almost a quarter of seniors are now in the job market, up 18% from 10 years ago, and the Bureau of Labor Statistics expects this to increase over the next eight years. Relatedly, unemployment for seniors has dropped to an impressive 2.6%, below the national rate of 3.5%. At … Read more

Do Seniors Need Debt Settlement or Debt Management?

By Eric Olsen HELPS Nonprofit Law Firm Whether you’re relaxing in front of the TV set or working in front of the computer screen, it’s hard to miss advertisements for so-called “debt settlement” and “debt management” companies. Both claim to offer relief from debt. Both like assuring they can, “get you back on your feet … Read more

When Bankruptcy for Seniors Might be a Bad Idea

This guest post by Eric Olsen is a great example that not all debt experts need to agree all the time. Eric presents a very valid point of view and mine is slightly different. Eric describes a situation where seniors may consider it unnecessary to file bankruptcy. In my experience, bankruptcy in similar situations can … Read more

Consumer Alert: Seniors complain callers using property tax relief programs to target

The Washington State Attorney General’s Office is joining the Washington State Departments of Veterans Affairs and Revenue in warning consumers about complaints they’ve received from seniors who say they’ve received calls from solicitors posing as state agents for a senior property tax relief program. The Department of Revenue learned Washington seniors are complaing that they … Read more