About Ddswayne

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So far Ddswayne has created 54 blog entries.

The Stigma of Bankruptcy

When I meet with potential clients for the first time, I feel their apprehension about filing for bankruptcy. Often times, they fear the stigma of bankruptcy. They feel like they have failed themselves and their families. They are worried what other family members, friends, neighbors and employers will think about them. I spend a lot of time explaining the process, [...]

Financial Scammers During COVID-19 – Beware!

Throughout this crisis, we have seen the good in people. We have those on the front lines fighting to protect us. Essential workers are making sure that we have food on our tables. Assistance programs to help us to financially get through it. These are good things. However, we still worry about our health, the health of our loved ones, [...]

Should I take out a personal loan after the pandemic?

Lately, a common question posed to me is, Should I take out a personal loan after the pandemic? This seems like a simple question. As such, my initial reaction is NO. Nobody should take out a personal loan after the pandemic. OR, AT ANY TIME unless they need it and have good reason for taking on the new debt. Truthfully, [...]

Should you use a personal loan to consolidate credit card debt?

When should you use a personal loan to consolidate credit card debt? My knee jerk reaction and response to the question is always: NEVER! But then I take a step back. In some circumstances it may be the best choice. You really have to consider all the facts and the individual’s specific circumstances. Terms of Debt Usually, the lender for [...]

Cutting Household Expenses During a Financial Crisis

Cutting household expenses during a financial crisis can be really hard. It is human nature to think the crisis will be temporary. Hence, you will get out of the crisis before you and your family need to change your lifestyle. The best thing to do is to start by cutting day-to-day little luxuries. Luxuries such as trips to the fancy [...]


The CARES Act – Should I Apply for a Mortgage Deferment During COVID-19?

I am receiving many phone calls from clients and potential clients. They are asking - Should I take a mortgage deferment during COVID-19? It is great that many lenders are working with their customers during these times. However, before deciding to take COVID-19 relief from your lender, know exactly the details of the deal. The key word in the question [...]

Coronavirus Update: Information if You Lost Your Job

There is so much information being thrown at us. I came across an NPR article that is a good coronavirus update for people who have lost their jobs due to the crisis. There are several highlights in the article that should be of interest to people facing financial difficulties. Unemployment Benefits More people are eligible for unemployment benefits. From the [...]

2020-04-02T11:14:48+00:00Corona Virus Pandemic|

Chapter 13 Cases during the COVID-19 Crisis

These are stressful and frightening times for all of us. I am receiving many calls about Chapter 13 cases during the COVID-19 crisis. Therefore, I am providing this update should you have a Chapter 13 case in progress or pending. The Court and Chapter 13 Trustees are finding ways to keep everyone’s Chapter 13 cases afloat through this crisis. However, [...]

The Corona Virus Pandemic Will Affect Your Finances

The Corona Virus pandemic is a once-in-a-lifetime event. Every hour, there are more developments with no good news currently. Schools are closed, March Madness and other events have been cancelled, businesses are losing customers, and employees are questioning job security. While the government is working on financial relief, nobody is sure how or when it will happen. Nor do people [...]

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