Interest rates

I am finally able to save some money

This imperfect sucker is going to be 60 years old this year. I am finally able to save some money. Who knows where social security will be? After plodding along for over a decade paying ,and paying ,and paying the last straw came when my business went downhill and I was three months behind with Citibank. All that was left of the debt was interest and fees. They sold it to a debt buyer who intimidated me and added their own interst, yet kept me in the dark about that. Almost $2000 later I find out the debt I thought I was paying was only getting larger! I thought interest was only to be charged on money borrowed. I didn’t borrow any from these crooks at that agency! If debt buyers are legally allowed to charge interest, it should ONLY be allowed for the amount they purchased the debt for…

Bankruptcy

The bill collectors have to get paid

Some people obviously think no matter what, the bill collectors have to get paid. One of the books my bankruptcy lawyer gave me to read said that certain things ALWAYS come before the damn bill collector. Those few things include rent, utilities, car payment & insurance, student loan(s), medications and other things that are considered more important than adding to the bill collectors’ commission. I believe under certain circumstances such as your roommates, there should be some slack to allow for one to get back on their feet (if at all possible). Not everyone can live up to Arts idea of perfection when it comes to finances. After all, this is an imperfect world, which is why bankruptcy was invented – for the rest of us imperfect suckers. Also, you can become a vegetarian — that’ll cut the grocery bill in half! I think that some people file bankruptcy just…

Bankruptcy

Just a little personal note here

Just a little personal note here…. Several years ago I was looking at in the ball park of $30,000 in debt (credit cards, personal loans, medical bills,etc) because of no one’s fault but my own. I built of the bills and lived a very free spending life style. Well then I lost my job and was suddenly without any way of making my minimums or paying anything else. I tried very hard to, I went and talked to a lawyer about bankruptcy and was going to file for it, just to get a clean start and turn my life around (I was only 24). Well unfortunately my father suddenly passed away and I came into enough money to pay off all my debts, and I did. I called each creditor explained that I could pay them off, got current balances, did check by phones and mailed checks. What ever they…