Lucid Law is participating in America Saves Week which is February 22 - 26, 2021. During the week, there will be the following themes: Monday, February 22, 2021 - Save Automatically Tuesday, February 23, 2021 - Save for the Unexpected Wednesday, February 24, 2021 - Save to Retire Thursday, February 25, 2021 - Save by Reducing Debt Friday, February 26, [...]
What is the Fair Debt Collection Practices Act? Why do you care? Or why should you care? The answer is quite simple – the Fair Debt Collection Practices Act protects you, the consumer. Also known as FDCPA, this Act was created by the Federal Government to protect people from unscrupulous collections agencies and debt collectors. Basically, the FDCPA aims to [...]
I read an article in Real Simple Magazine last year that stuck with me, Your Most Complicated Money Feelings, Resolved. I know that mental health and money can go hand-in-hand. The opening line reads: Money can be emotional. Experts say the first step in sorting out your finances is sorting out your feelings. The article goes on to address [...]
Unemployment is at record highs. Consumer bankruptcy filings are at historic lows. And consumer confidence is high. What is going on? A recent episode of The Indicator from Planet Money and NPR sheds some light on the situation - check out Why Consumer Confidence is So High. People thought the pandemic was going to be as bad as the Great Depression [...]
Effective February 1, 2021, Lucid Law will be headquartered at: 1065 Route 22 West, Suite 2B Bridgewater, NJ 08807 The firm is relocating from Liberty Corner. Karina Lucid, Founder and President, says, “As a bankruptcy law firm, we pride ourselves on our ability to give clients a fresh start to their financial lives. Our new office is our fresh start [...]
Karina Lucid, owner of Lucid Law, is featured on NJ.com. Karina discusses Financial, legal tools to help New Jerseyans to a brighter financial start in 2021. Many New Jersey residents face financial hardship due to the pandemic and the economic fallout. She says that those with mounting debt should look at budgeting, loan modifications, and possible Chapter 13 bankruptcy as financial [...]
Are you getting a tax refund in 2021? If so, what will you do with it? Maybe you will take a nice vacation. This sounds great but unlikely during the pandemic. Maybe you will put it away for a rainy day. Or, if you are like most of us, you will use it to catch up on bills. We all [...]
I recently came across an article on NPR.org. The article, 'Incredibly Scary': Single Moms Fear Falling Through Holes In Pandemic Safety Net, tells the story on several single mothers. While each of their stories are different, there is one general theme. That is – single moms are hit hard by COVID-19. The women in the article are not alone. Far [...]
This blog is my latest in my efforts to notify you about potential scams. Although this scam has been around for several years, it is still worth noting. The scam is directed at people who have already filed for bankruptcy. Basically, the scammer will call you posing as a bankruptcy lawyer - as fake bankruptcy attorneys. Further, the scammer will [...]
Bankruptcies are legal proceedings that allow insolvent debtors with large amounts of debts to have a fresh start. While filing bankruptcy is a legal way for people to wipe out their unsecured debts and obtain debt-relief, not everything is wiped out. One of the benefits of filing a bankruptcy petition includes bankruptcy protection as follows: Stops creditors from collecting or [...]
