Owe More On Your Home Than What It’s Worth?

If so, you’re not alone. This article reports that 1 in 3 homeowners owes more on his/her home than what it’s worth.

http://economywatch.msnbc.msn.com/_news/2012/05/23/11835006-one-in-three-mortgage-holders-still-underwater?lite

Are you underwater on your home? Contact us to discuss your options.

As with anything related to your credit and debt, it’s important to get the right information before dealing with it. Contact your Dallas Ft. Worth Bankruptcy Attorney at Powell Law Offices for a free consultation! We also have offices in Allen, Arlington Frisco, Plano, and Richardson to serve you.

www.powelllawoffices.com

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‘Tis the Season!

Graduation season is upon us! Here’s an interesting article on the highest paying college degrees from MSN.com:

http://www.theworkbuzz.com/find-the-job/college-majors-with-the-highest-paying-starting-salaries/?cobrand=msn&utm_source=MSN&utm_medium=MSNHP&utm_campaign=MSNCareers

As with anything related to your credit and debt, it’s important to get the right information before dealing with it. Contact your Dallas Ft. Worth Bankruptcy Attorney at Powell Law Offices for a free consultation! We also have offices in Allen, Arlington Frisco, Plano, and Richardson to serve you.

www.powelllawoffices.com

What Debt Collectors Won’t Tell You

Here’s an excellent article on what debt collectors won’t tell you. Questions about your rights? Call us!

http://money.msn.com/debt-management/8-things-debt-collectors-will-not-say-credit.aspx

As with anything related to your credit and debt, it’s important to get the right information before dealing with it. Contact your Dallas Ft. Worth Bankruptcy Attorney at Powell Law Offices for a free consultation! We also have offices in Allen, Arlington Frisco, Plano, and Richardson to serve you.

www.powelllawoffices.com

Job Search Tips

With unemployment at record highs, I often have clients asking me for job search tips. Here are some of my favorites:

1) Use Indeed.com – in my opinion, the best job search website out there, because it compiles results from all websites, including Monster and Careerbuilder, making it a one stop shop. You can post your resume and sign up for job alerts.

2) Of course, use Monster.com and Careerbuilder.com. Make sure to post your resume – headhunters and recruiters check these websites frequently for qualified candidates.

3) Create a profile on Linkedin.com and make your network as large as possible. Then, post frequent updates, and join groups in your industry. Linkedin also has job postings, but there’s no better way to network online, and network with people in your industry across the country. Make sure to post a professional picture and pay attention to your profile – your profile on Linkedin is basically an online resume, so make it shine!

4) Reach out to your network on Facebook, but make sure to clean up your Facebook page first. It won’t help to post profile updates that state you’re looking for a new job when there are inappropriate or unprofessional pictures of you on Facebook. This is important – don’t ever make the mistake of thinking that because your Facebook profile is set to private or “invisible”, people can’t see your pictures or posts. Nothing is private on Facebook, and even if you have a profile set to “invisible” (meaning no one other than your friends can find your profile or see your posts, even on other’s pages) your profile, pictures, comments and posts are easily visible. I’ve seen this happen in a number of family law cases, where a parent has lost custody of their children due to negative remarks about the other parent made on their “private” or “invisible” Facebook page that they thought noone could see. Can you imagine, then, how it would affect a job search? Don’t be naive.

5) Join local networking groups, which you can find on Meetup.com. There is still no substitute for networking and making contacts in person. In this digital age, it’s important to find a way to stand out from the thousands of resumes submitted online for each position.

6) Write articles about a subject of interest in your career field an submit the articles to trade or industry group publications, and publish the articles online for free – ezine.com is just one of the websites where you can do this.

7) Pound the pavement! Show up to events in your industry, and attend relevant conferences. If there is a particular company you want to work for, dress in a suit, go to its offices, and drop off your resume in person (I got a job with a law firm during law school by doing this exact thing. The firm had a posting for a job, had received hundreds of resumes, and chose to interview me because I took the initiative to walk in and drop my resume off in person). Do anything that shows you take initiative – an important trait in an employee. (Make sure to be nice to the front desk staff  – believe me, employers always ask them whether you were polite or not.)

As with anything related to your credit and debt, it’s important to get the right information before dealing with it. Contact your Dallas Ft. Worth Bankruptcy Attorney at Powell Law Offices for a free consultation! We also have offices in Allen, Arlington Frisco, Plano, and Richardson to serve you.

www.powelllawoffices.com

Don’t Get Ripped Off at the Gas Station!

An interesting article about how to protect your card info at the gas station – we all need to read this!

http://money.msn.com/identity-theft/buy-gas-get-card-data-ripped-off-indexcreditcards.aspx

As with anything related to your credit and debt, it’s important to get the right information before dealing with it. Contact your Dallas Ft. Worth Bankruptcy Attorney at Powell Law Offices for a free consultation! We also have offices in Allen, Arlington Frisco, Plano, and Richardson to serve you.

www.powelllawoffices.com

5 Easy Ways To Repair Your Credit Score

It IS possible to fix errors on your credit report and raise your credit score yourself – don’t hire a credit repair company and pay those exorbitant fees. Here are some tips to help you do it:

1) Pay bills before the statement date. Credit-to-debt utilization is a huge part of your credit score, and is often calculated on the statement date, not the due date. So, if you pay a credit card off before the due date, the card may still report a balance as of the statement date. Pay it off before the statement date and prevent this.

2) Ask for a goodwill deletion. If you have an excellent history with a creditor and forgot a payment for whatever reason, call that creditor and ask them to remove the late payment off your credit, due to the fact that you normally make every payment on time. They will often do so.

3) Protect yourself in a short sale – If you have to sell real estate on a short sale, make sure to negotiate with the mortgage company during the process to not report a balance owed after the sale, and not report the account as settled for less than full amount.

4) Pay for removal – Once an account has gone to seriously delinquent status or collections, negotiate with the creditor to pay the account in full in exchange for all negative information related to the account.

As with anything related to your credit and debt, it’s important to get the right information before dealing with it. Contact your Dallas Ft. Worth Bankruptcy Attorney at Powell Law Offices for a free consultation! We also have offices in Allen, Arlington Frisco, Plano, and Richardson to serve you.

www.powelllawoffices.com

How Birth Order Affects Finances

An interesting article on how birth order affects finances…

http://money.msn.com/family-money/how-birth-order-affects-finances-bankrate.aspx

As with anything related to your credit and debt, it’s important to get the right information before dealing with it. Contact your Dallas Ft. Worth Bankruptcy Attorney at Powell Law Offices for a free consultation! We also have offices in Allen, Arlington Frisco, Plano, and Richardson to serve you.

www.powelllawoffices.com