For those with unmanageable debt, I suggest that you use your tax refund to get a Fresh Start. In other words, if your medical debt, credit cards, personal loans, and other obligations are keeping you from caring for your family, you should use your tax refund to pay for your bankruptcy case. Filing for bankruptcy may be the best option [...]
A frequent question that comes to our office is can creditors harass me after bankruptcy? The answer is a resounding NO! Creditors cannot continue to harass you after the discharge of your bankruptcy case. There is a specific federal law that protects you, the consumer, from creditor harassment. It is called the Fair Debt Collection Practices Act. The Fair Debt [...]
In December, we held a Goal Setting program as part of our Fresh Start Workshop Series. I decided to plan it this way so our clients and friends can hit the ground running in 2022. I believe one without goals is aimlessly wondering. Therefore, it is a great time of year to figure out where you want to go. While [...]
In my ongoing series of technology and bankruptcy, today I am writing about Robinhood. For the unaware, Robinhood is a mobile app providing commission-free trades of stocks, exchange-traded funds, and cryptocurrencies. In other words, you can buy and sell securities on your cell phone and computer. Like most apps, Robinhood is convenient, easy to use, and inexpensive. However, there is [...]
Karina Lucid is proud to launch the Lucid Law Financial Grief Managed Workshop Series. The series begins in November 2021, and concludes in April 2023. The Workshop Series will cover a wide range of topics. Accordingly, topics include credit repair, goal setting workshops, tax debt, student loans, budgeting, types of bankruptcy, and more! "I have a desire to share this [...]
I have been writing about how technology can contribute to bankruptcy. In keeping with this theme, today I will address online gambling and bankruptcy. With the 2021 NFL season kicking off this week, it is a good time to discuss this topic. For example, the American Gaming Association estimates that a record 45.2 million Americans will bet on NFL [...]
In my last blog, I wrote about how technology contributes to bankruptcy. That blog is an overview of two basic themes. First, that technological advancements can destroy certain industries, thus potentially taking away one’s livelihood virtually overnight. Second, certain technology tools and Apps can lead to financial trouble. So, in keeping with this theme, today I am writing about how [...]
As the world turns, technology continues to evolve at an astonishing pace. For example, artificial intelligence, robotics, and virtual reality are now part of our business processes. Obviously, these advances are designed to improve efficiency in the production of goods and services. They also improve quality while reducing costs. Who doesn’t want cheaper and better goods and services? Sounds great [...]
For years, millennials have gotten a bad rap. They're described as entitled, impulsive, restless, and wild. On the other hand, loyalists, fearless, wiser, and strategic are also words synonymous with this generation. What does this have to do with millennials and bankruptcy? No Shame As I have had consults with more millennials than ever over the last year, I can [...]
In April, I wrote a blog with the title New Jersey Law Journal – 194,000 Eviction Cases by Next Year. Well, the federal moratorium on evictions will expire on Saturday, July 31. However, there is potentially good news for New Jersey tenants because New Jerseyans behind on rent are protected from lockouts for a longer period depending on their income. [...]
