The Consumer Financial Protection Bureau recently brought a case against Freedom Debt Relief alleging that Freedom Debt Relief wasn’t telling its customers everything about how settlement works, and that it wasn’t handling their debts like it advertised. As a bankruptcy practitioner, I meet with lots of people who have tried debt consolidation using debt settlement companies… Read more »
Going To Work Money Saving Tips
Could you really sae money going to work, as well as when you’re there? Here’s what we think. 111. Could you commute with a colleague, friend or neighbour? Commuting with a colleague, friend or neighbour can brighten up your journey. Also, if you both currently drive to work, you can alternate who drives, saving you… Read more »
Toys R Us Files Chapter 11 Bankruptcy
Following on from the news that Toys R Us filed Chapter 11 Bankruptcy in September, we thought we’d explain more about why a company would file for Chapter 11 Bankruptcy, and how it compares a person filing for Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. Business bankruptcies and personal bankruptcies have two basic similarities: 1. … Read more »
Time of Day Money Saving Tips
Thinking about the time of day you do things can help you save money too. Here’s what we think you should think about. 101. Get up on time Probably the most unpopular suggestion, but getting up on time can actually save you money. Sounds a bit strange doesn’t it, but by getting up on time… Read more »
Your rights as a Minnesotan in the Equifax data breach
WHAT HAPPENED? You have probably heard that Equifax, one of the 3 big nationwide credit reporting companies, recently had a huge data breach. Some 143 million Americans have had their information compromised. Considering that there were 323.1 million Americans in 2016, and that lots of Americans, like children, don’t have credit reports, this is probably… Read more »
Reducing the cost of what you don’t use Money Saving Tips
We talked previously about reducing the cost of what you use. What about reducing the cost of what you don’t use? 91. TV How much do you spend on your TV each month? How much TV do you really watch (not Netflix, Amazon Prime or other streaming services)? Could your TV bill be cheaper? Do you… Read more »
Mortgage company changes mind over unjustified attorney’s fees
We recently filed a Chapter 7 Bankruptcy for someone who continued to pay their mortgage throughout the 3 months of their Chapter 7. We knew that the mortgage company was in no danger of taking a loss, as all payments were current, and the mortgage company did not have to do any extra work because… Read more »
Reducing the cost of what you use Money Saving Tips
As well as trying to spend less, could you get a better deal on the services and products you do, or don’t, need, and so reducing the cost of what you use? Here’s what to do when reducing the cost of what you use. 81. TV If you pay for cable TV, are you on the… Read more »
Try Cheaper Options Money Saving Tips
You can often get the same performance and quality from a similar product from a different manufacturer or supplier. Could cheaper options give you the same results and save you money? Here’s what you could try. 71. Gas There are plenty of websites and apps that will help you find the lowest price for gas… Read more »
Planning Ahead Money Saving Tips
Planning ahead can save you money. Do you often need to find money at the last minute? Never have enough money for birthdays presents or car repairs? Mean to save up but never do? Here’s what we think you should consider doing. 61. Food Write a menu for the week, based on what’s in your cupboards… Read more »
