"Where Fillmore County News Comes First"
Online Edition
Sunday, May 19th, 2013
Volume ∞ Issue ∞
- 5:56:33, May 18th 2013 - modgudur - I guess the child is anti-gun control since Obama went to all that trouble ... [Read More]
- 9:27:41, May 16th 2013 - caal girl - Nice outfit on you. I loved some of the dresses but am holding my breath ... [Read More]
- 2:03:34, May 14th 2013 - - Thanks for sharing the trip with us! ... [Read More]
- 4:12:01, May 9th 2013 - Amanda Ziebell - Wow! Thanks to the Fillmore County Journal for this kind story. For a ... [Read More]
- 11:47:30, May 7th 2013 - EW - ramble.....ramble.....ramble..... ... [Read More]
- 10:25:25, May 7th 2013 - Thunder6 - Great article! I love to see the Youth of Fillmore County receiveing acco ... [Read More]
- 6:52:10, May 6th 2013 - Jason Sethre, Publisher of Fillmore County Journal & Olmsted County Journal - Maryh, ... [Read More]
- 7:29:56, May 5th 2013 - maryh - Where are OCJ's available for pickup...other than at the new office? ... [Read More]
- 2:41:47, May 3rd 2013 - Remark1976 - Mrs. Buckbee, I just looked up Senate File 796 and in it there are said p ... [Read More]
- 2:22:20, May 3rd 2013 - Remark1976 - Mrs. Buckbee, how do you come up with $1.1 billion that trout fishing bri ... [Read More]
I'm broke.Now what?
Fri, Feb 25th, 2011
Posted in Ask the Expert
Posted in Ask the Expert
Comments
Scott K. Springer
Unfortunately, cash flow shortages are too common. The causes for shortages vary but don't always mean that you're a bad person - or a bad credit risk if you take steps right away.
If you're having trouble paying your bills, bankruptcy may be an option for you, but it shouldn't be your first choice. Often there are other options that can be less painful and have a smaller impact on your credit worthiness.
Some alternatives are 1) Modifying terms on your mortgage - this has been relatively common due to federal legislation;
2) Using a debt counseling service to stretch out payments;
3) Negotiating debt reductions on your own, or with the assistance of a service or an attorney; 4) Selling some assets to pay off debts; 5) Consolidating debts.
Whatever your situation, quick action improves your chances for a personal economic recovery. To explore all of your options, call us at Springer & Gumbel Law Office.
Springer & Gumbel, P.A.
141 W. Fillmore St., Preston, MN
Phone (507) 765-3600
If you're having trouble paying your bills, bankruptcy may be an option for you, but it shouldn't be your first choice. Often there are other options that can be less painful and have a smaller impact on your credit worthiness.
Some alternatives are 1) Modifying terms on your mortgage - this has been relatively common due to federal legislation;
2) Using a debt counseling service to stretch out payments;
3) Negotiating debt reductions on your own, or with the assistance of a service or an attorney; 4) Selling some assets to pay off debts; 5) Consolidating debts.
Whatever your situation, quick action improves your chances for a personal economic recovery. To explore all of your options, call us at Springer & Gumbel Law Office.
Springer & Gumbel, P.A.
141 W. Fillmore St., Preston, MN
Phone (507) 765-3600