Articles from Robert Weed

Navy Fed does the Right Thing; Wells Fargo Makes More Excuses

After Bankruptcy Mistakes: Navy Fed does the Right Thing; Wells Fargo Makes More Excuses. Everybody makes mistakes. Banks do, too. When you file bankruptcy, the banks you owe money to don’t always do what they are supposed to do. This is a true story of Navy Fed admitting their mistake and fixing it.

Navy Fed does the Right Thing; Wells Fargo Makes More Excuses

After Bankruptcy Mistakes: Navy Fed does the Right Thing; Wells Fargo Makes More Excuses. Everybody makes mistakes. Banks do, too. When you file bankruptcy, the banks you owe money to don’t always do what they are supposed to do. This is a true story of Navy Fed admitting their mistake and fixing it. Wells Fargo […]

Holly Gets Hired after Bankruptcy and Gets a New Credit Card

Holly Gets Hired After Bankruptcy and Gets a New Company Credit Card Holly was at the end of her rope. She’d been out of work for two years; she kept getting interviews but no offers; and she was feeding partial payments to her creditors, to try to keep them off her back. She believed she was […]

Holly Gets Hired after Bankruptcy and Gets a New Credit Card

Holly Gets Hired After Bankruptcy and Gets a New Company Credit Card Holly was at the end of her rope. She’d been out of work for two years; she kept getting interviews but no offers; and she was feeding partial payments to her creditors, to try to keep them off her back.

Holly Gets Hired after Bankruptcy and Gets a New Credit Card

Holly Gets Hired After Bankruptcy and Gets a New Company Credit Card Holly was at the end of her rope. She’d been out of work for two years; she kept getting interviews but no offers; and she was feeding partial payments to her creditors, to try to keep them off her back. She believed she was […]

Short sale tax forgiveness has expired

Short sale tax forgiveness has expired. If your house is “under water” you need to read this. The general rule of tax law is that debt forgiveness is income—if I lend you $1,000 and then say you don’t have to pay me back, you’ve made $1,000. And you’re subject to tax on that.

Trump Republicans and Student Loans: Don’t Follow Obama’s HAMP

Looking Back on HAMP and Forward on Student Loan Relief Congress should soon take a look at fastest growing category of consumer debt—student loans. During the 2016 Presidential election, Donald Trump added his voice to the chorus of Democratic law makers, led by Senator Elizabeth Warren, to provide student loan relief.

Can I Cancel My Homeowner Insurance—I’m Moving Out

Can I Cancel the Homeowners Insurance—I’m Moving Out Are you giving up your house as part of your bankruptcy? If you are, can you cancel the homeowners insurance? I say, No. You homeowners insurance does two big things. First, it would pay to rebuild your house after a fire.

Debt Collectors Keep Calling Me At Work

Why do debt collectors keep calling me at work after I tell them to stop? The Fair Debt Collection Practices Act protects you from debt collectors calling your workplace.  But, if you tell them you want them to stop, the debt collectors keep calling. How’s that?

Bankruptcy: Best Plan or Best Guess?

Chapter 7 Bankruptcy: Best Plan or Best Guess? Donnell’s Chapter 7 bankruptcy got discharged this month. We have about 30 to 40 bankruptcies discharged—that means approved and done—every month. But Donnell’s was special. He explained why, when he wrote me one of our best reviews ever. You can read it here.

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