The “hardest hit” program is for unemployed and underemployed homeowners. The money can be used to make mortgage payments for up to 18 months or to make a delinquent loan current. It goes directly to the lenders and does not need to be paid back unless the home is sold within five years or the […]

Considering Debt Settlement? Expect a 1099 at the end of the year that the settlement is completed. This fact is given to anyone who calls and inquires about debt settlement vs a Debt Management Program. It always manages to get an astonished: “I did not know that!” Yes, The IRS treats your settled debt as income, thus […]

With the start of the New Year comes the popular tradition of making New Year’s Resolutions. Popular resolutions include eating healthier and getting more exercise, but how about financially related ones? Last semester I would go to the bagel shop on campus and get a smoothie or bagel, sometimes both. And while I was waiting […]