Category:
Debt FAQs

Paying Food Bill

How to Tell Your Kids about Your Debt

By Bill Fay | August 22, 2017

Two discussions give parents the cold sweats. Telling your kids where babies come from, and telling your kids where debt comes from. Fortunately, I have two girls so I fully…

Financial Debt Advice

Debt Help Advice

By Bill Fay | August 17, 2017

If you want to hit the mute button on conversations at any dinner party, family outing or evening at the pub, start giving debt help advice. Nearly every adult in…

Annuity and Structured Settlement

Annuities and Structured Settlements

By Bill Fay | August 17, 2017

You’re unlikely to reach retirement age without somebody asking you about annuities. They want to know whether you considered buying one, and if they work for an insurance agency, they’re…

Inherit Debt Law Book

Can You Inherit Debt?

By Bill Fay | August 2, 2017

Statistically speaking, almost three out of four people are going to die with debt, which raises a very real concern for spouses and children of the deceased: Can you inherit their…

Erase Debt

Debt Myths

By Bill Fay | July 27, 2017

Stories about the Loch Ness Monster, George Washington having wooden teeth and cracking your knuckles causing arthritis are nice pieces of fiction with no proven basis in fact. In other…

Debt Advice for Older Parents

What to Tell Your Aging Parents about Debt

By Bill Fay | July 25, 2017

Retirement can be an idyll time or a struggle depending on how well you’ve prepared. For an increasing number of Americans approaching their golden years, mountains of unpaid debt threaten…

Overdue Notice

Do I Have Too Much Debt?

By Bill Fay | July 5, 2017

For American households, debt has become a way of life and in some of those houses, the figures are staggering. Household debt (mortgage + home equity loans + credit cards…

Avoiding Debt

How to Avoid Landing in Debt

By Bill Fay | June 12, 2017

The best way to avoid debt is to be proactive about managing your money. Avoiding debt requires you to establish a sound financial plan and steer clear of the foolish…

How to Get Out of Debt

How to Get Out of Debt: Debt Consolidation Advice

By Pat McManamon | May 26, 2017

Mounting debts can undermine borrowers’ well-being and derail life plans. The metaphors commonly used in describing overwhelming debt – quicksand, a prison sentence, overwhelming burden – paint a bleak picture.…

Debt Lawyer, Gavel & Money

Do I Need a Debt Lawyer?

By Bill Fay | May 21, 2017

A debt lawyer is someone with the knowledge, credentials and skill to help consumers struggling with debt sort through their financial troubles. Representing clients in cases against debt collectors is a…