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 [...]
When you are in financial hot water, there are solutions - including debt consolidation, reverse mortgages, and bankruptcy. Regarding bankruptcy, there are several options including Chapter 7, Chapter 11, and Chapter 13 bankruptcies. While there are pros and cons to each type of bankruptcy, this blog focuses on the benefits of a Chapter 13 bankruptcy. The Basics Before diving into [...]
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. Â 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 [...]
Karina Lucid, Founder and President of Lucid Law, recently appeared on the Solution Point Podcast. In this episode, Karina discusses the importance of your credit score and related issues. For example, she discusses the perceived stigma about the filing of bankruptcy. She also addresses another myth that the bankruptcy process will ruin your credit score. In fact, while there may [...]
On Wednesday, February 16, Karina Lucid, Founder and President of Lucid Law, will be presenting a webinar entitled Why is Business Credit So Important? Establishing and Repairing Credit for Your Business. The webinar will take place 10 to 11 a.m. If you want more information or register, please click here. This workshop, being hosted Central Jersey SCORE, will discuss techniques [...]
Are you struggling with managing your business tax? Find out how to pay less business taxes by signing up for our workshop THIS March 2022! Structuring Your Business to Pay Fewer Taxes Whether you're just starting your business or looking for ways to improve it, the right business structure can help you reduce your business taxes and explore more [...]
Are you lost and confused when it comes to dealing with tax debts? Find out what to do when you have tax debt by signing up for our workshop THIS February 2022! Tax Debt: Inside and Outside of Bankruptcy If you're worried about owing money to the IRS or handling tax debt during bankruptcy, it's important to know what [...]
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 [...]
On January 24, 2022, Lucid Law will host its next session of its Fresh Start Workshop Series - Reverse Mortgages with Earl Schick of Crown Home Mortgage. This session will discuss the benefits of reverse mortgages. For anyone facing financial difficulties or considering bankruptcy, this educational program will cover the following reverse mortgage benefits: Refinancing opportunities to create cash flow [...]
Once again, Lucid Law is participating in America Saves Week which is February 21 - 25, 2022. During the week, the program will be focusing on the following themes: Monday, February 21, 2022 | Save Automatically Tuesday, February 22, 2022 | Save for the Unexpected Wednesday, February 23, 2022 | Save to Retire Thursday, February 24, 2022 | Save by [...]
