Newsweek: NYC Taxi Drivers Are Killing Themselves, and Some Blame Uber and Lyft

By Nicole Goodkind

Competition from on-demand car services like Uber and Lyft is literally killing New York City taxi drivers, according to the New York Taxi Workers Alliance.

The group claimed that four yellow-cab drivers committed suicide in the past few months due to financial hardships caused in part by the emergence of app-based taxi services in New York.

New York Post: Ride-sharing apps are driving NYC cabbies into financial ruin

By Doree Lewak

NYC cabbies are being driven to the edge of financial ruin and despair as ride-hail apps like Uber and Lyft continue to take their customers.

Do You Want to Give Money You Don’t Owe to a Credit Card Company?

This is not a trick question.I received this letter today from American Express regarding the balance owed by one of my Chapter 13 bankruptcy clients whose case was dismissed.  The letter acknowledges that because of the age of the debt, Amex cannot sue my former client, nor can they report the unpaid balance to the credit bureaus.  Yet they are giving him the opportunity to “settle” this debt for 45% of the balance.Can you think of any reason why anyone would pay Amex anything on this stale account?  I can’t.  But I wonder how many people agree to make payments and possible waive the statu

Do You Want to Give Money You Don’t Owe to a Credit Card Company?

This is not a trick question.I received this letter today from American Express regarding the balance owed by one of my Chapter 13 bankruptcy clients whose case was dismissed.  The letter acknowledges that because of the age of the debt, Amex cannot sue my former client, nor can they report the unpaid balance to the credit bureaus.  Yet they are giving him the opportunity to “settle” this debt for 45% of the balance.Can you think of any reason why anyone would pay Amex anything on this stale account?  I can’t.  But I wonder how many people agree to make payments and possible waive the statu

You Sue & Win, but Pay More in Taxes Than $$ Received. Thanks New Tax Law

taxesI have to pay more in taxes than received from my lawsuit!!!

The Pros and Cons of Debt Consolidation in California

Debt consolidation is a finance strategy which entails taking all a debtor’s debts, especially high-interest debts, and melding them together into a single monthly payment with preferably a lower interest rate. This may seem like a dream come true for any individual struggling with their finances, but there are still some issues to consider before deciding debt consolidation is best for you. Depending on the circumstances, filing bankruptcy in California may be a more useful approach.

The Pros and Cons of Debt Consolidation in California

Debt consolidation is a finance strategy which entails taking all a debtor’s debts, especially high-interest debts, and melding them together into a single monthly payment with preferably a lower interest rate. This may seem like a dream come true for any individual struggling with their finances, but there are still some issues to consider before […]

Can Bankruptcy Stop Child Support in California?

Filing for bankruptcy can discharge (wipe out) various forms of debt, or reorganize the debt into a more manageable payment plan. However, some types of debt cannot be discharged in bankruptcy. For example, in California, filing for bankruptcy will not halt child support payments. However, filing for Chapter 13 bankruptcy in Roseville may allow a parent to get their child support payments into a more practicable repayment plan.

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