"Where Fillmore County News Comes First"
Online Edition
Wednesday, June 19th, 2013
Volume ∞ Issue ∞
- 8:58:04, Jun 18th 2013 - cabraden1 - I salute you Colonel Overland. Your were my c.o. at Rockville Naval Air ... [Read More]
- 7:10:46, Jun 13th 2013 - chipperlee - Seems to be a well written article, except maybe Silica Sand is used in ... [Read More]
- 12:02:15, Jun 9th 2013 - getthefacts - The problem here lies in the fact that girls were repeatedly told "if y ... [Read More]
- 10:45:32, Jun 7th 2013 - Jo mom for 6yrs - Mr. Ehler hit the nail on the head. I agree with the religious con ... [Read More]
- 2:47:58, Jun 7th 2013 - hello - Hello, it's time you wake up. There isn't a community nearby that doesn't offe ... [Read More]
- 9:06:21, Jun 6th 2013 - hello - Hello, it's time you wake up. There isn't a community nearby that doesn't offe ... [Read More]
- 2:05:29, Jun 6th 2013 - Kim Wentworth - The number one rule in a debate: 1) if the person from the opposite si ... [Read More]
- 12:42:18, Jun 4th 2013 - EW - For someone that is always spouting religious rhetoric, you try to come off as a ... [Read More]
- 11:32:18, May 31st 2013 - JO PLAYER - This is unfair to us girls. Morrie Miller is not getting canceled but J ... [Read More]
- 8:25:34, May 29th 2013 - RP - Why is Mr. Ehler involving himself with non-school activities? Is he going after ... [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