Foreclosures Halted for the Holidays

Fannie Mae and Freddie Mac are halting foreclosures during the holidays. However, beware – foreclosures will start again in January.

http://www.cbsnews.com/8301-505145_162-57556892/fannie-freddie-halt-foreclosures-for-the-holidays/

Are you in foreclosure? Need legal advice? Contact Powell Law Offices, P.C. at (972) 584-9382.

www.powelllawoffices.com

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Students Aren’t the Only Ones Burdened By College Loans!

This fall, as many students have headed back to college, parents are thinking about how to pay for their kids’ education. Parent loans are one way to do it, but, as with any decision to incur debt, it’s important to get the correct information about the loan before signing on the dotted line. Failure to do so can have devastating consequences, as shown by the NBC News article below.

http://bottomline.nbcnews.com/_news/2012/10/07/14246378-student-loans-backed-by-government-crush-many-families

As always, contact Powell Law Offices, P.C. with any questions about your credit or debt. Powell Law Offices, P.C. also offers small business and short sale representation services, with free consultations.

http://www.powelllawoffices.com

The Anatomy of a Successful Budget

I think most everyone agrees that it’s important to live on a budget. However, budgets are NOT one size fits all. Just like with a diet, if you can personalize your budget to fit your family’s needs, you’re more likely to stick to it, as this article from MSN Money suggests.

What items can you not live without in your budget?

http://money.msn.com/frugal-living/post.aspx?post=787d0a53-601c-4c1a-a820-d21c81e3de8b

As always, contact Powell Law Offices, P.C. with any questions about your credit or debt. Powell Law Offices, P.C. also offers small business and short sale representation services, with free consultations.

http://www.powelllawoffices.com

 

 

 

 

 

Don’t Consider Filing Bankruptcy As a Last Resort

MSN recently published a great article highlighting why the words “Bankruptcy Should Be a Last Resort” are dangerous to those in debt. Is your debt worth your health, marriage, family or well-being? Read more here:

http://money.msn.com/debt-management/6-dangerous-words-if-you-are-in-debt-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

Consumer Perception Matters!

Numerous reports have been analyzing the reasons for JCPenney’s sharp decrease in sales lately. Most reports point to the fact that JCP eliminated coupons and sales and replaced them with everyday “fair pricing”. The concept is great, but consumer feedback is saying that by doing so, JCP took the thrill out of shopping, because consumers want to get a great deal. So, even if JCP prices now are actually better than before with coupons, consumer perception is that they’re not. Consumers don’t feel incentivized to shop there anymore.

What are your thoughts?

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

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

‘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