Personal Finance and Investing

The answer to the question of how long a bankruptcy will keep you from getting credit isn’t as straight-forward as you might think. Generally speaking, a bankruptcy filing remains on your credit report for 10 years. However, successfully discharged Chapter 13 bankruptcy proceedings will usually remain on your credit report for only seven years.

Chapter 7, 11 and 12

If you file for bankruptcy under Chapter 7, 11 or 12, the bankruptcy notation will be on your credit report for 10 years, without exception. E

Read more…

Understanding how to handle debt and prepare for retirement in the current economy is certainly much more challenging than it would have been 2 years ago. Many consumers have had to put their planned retirements on hold due to loss of capital assets such as stock portfolio assets. But there are also many consumers who have chosen to go ahead and retire as planned and reduce spending so the retirement savings stretch further.

Managing debt is always a critical issue, but for many today it is mandatory if they expect to survive the recession without losing their homes and other assets.

Read more…

After over a YEAR of litigation, judge Gerald Rafferty finally made some rulings with regards to the permanent injunction requested by doctor Hollander and her attorney Irving Johnson.

As you can see, I am now allowed to post doctor Hollander’s name again and I am allowed to discuss the litigation.  However, I am NOT allowed to make any derogatory statements about doctor Hollander with respect to her professional competence.  You can make up your own mind after reading the postings that lead up to this litigation. 

Here are the posts that I had to remove pursuant to the 7/24/09 TRO:

8/9/08: Legal threat re doctor Tameira Hollander
http://creditsuit.org/credit.php?/blog/comments/legal_threat_re_doctor_tameira_hollander/

11/9/08: I’m supposed to delete all references to showcase site “Tameira Hollander Nearly Killed My Wife*”
http://creditsuit.org/credit.php?/blog/comments/court_orders_tameira_hollander_nearly_killed_my_wife_to_be_deleted/

11/25/08: Legal threat from attorney Irving G. Johnson re

Read more…

Before you run card statement through the shredder (like they want you to) call the toll free phone number listed on it. In the past there was always a clearcut “finance charge” listed as plane as day. Now it’s often disguised as a “Daily Periodic Rate” or “Corresponding Annual Rate” or the ever popular “We Just Feel Like Charging You More Rate.” Don’t feel embarrassed if you’re a little confused. This is what they want. Be professional, and simply ask what the current “APR” or “Annual Percentage Rate” is. Don’t let them tap dance their way out of this question. You have a right to know this percentage and believe me, they know this all too well.

Read more…