Posts Tagged 'retirement'

Can Bankruptcy Help Seniors Protect their Assets?

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This article in the New York Times is another reminder that financial distress is a form of cancer — and the sooner one gets diagnosed, develops and implements a sound treatment plan and addresses the issue, the better the outcome. The stigma associated with bankruptcy prevents many people from filing and this will only make the problem worse.

“Bankruptcy was a chance to hit the financial reset button,” according to the 65 year ...

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Seniors and Bankruptcy in Montana

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Another great post from my insightful peer, and bankruptcy guru, Cathy Moran, California Bankruptcy Lawyer. Her post (below) about the fastest growing demographic group of bankruptcy filers, provides food for thought on how baby boomers can have a more peaceful retirement.

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What age group  turns increasingly to bankruptcy for debt relief?

The newly fledged college grad, who used credit to help get through school?

The sandwich generation, educating kids and caring for their parents?

No.

The fastest growing ...

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The Problem with Free Advice from a Financial Advisor

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Guest post by Cathy Moran, California Bankruptcy Lawyer

Cossitt Law Editor’s Comment: Cathy has a good point here. Bankruptcy lawyers have a have a variety of tools to choose from to help debtors get a fresh start and start saving for retirement. It is imperative that you understand all your

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