When it Rains…It Pours

I am sure everyone has gone through this scenario at one point and when it happened to you and you said, “When it Rains is Pours”. Well ok it could have happened more than once, but anyhow, here is mine. I am trying to put some money together, and we always are, and of course my Truck wouldn’t start this morning. From the sound of it, I am crossing my fingers that it is only my Battery, because if it is anything else, I am in for it, because I do not have any money…well yes I do but that money is needed for something else, so you get into a dilemma, some people need to save for a certain bill, say property taxes others well maybe for a trip. So you end up trying to see if you use the money to fix the vehicle and then postpone the trip, or try and get the money for the next bill…property taxes. So you end up in a pickle…sort of speaking.

The thing is that we all have gone through this, as adults…well wait…even children…I guess. But doesn’t it stink…you end up having to juggle several things when it comes to money. And in these tough times, believe many families have little or no savings and some unfortunately will go towards their 401(K), which is a huge no-no, but many do. For me that would have to be a HUGE emergency to even think about borrowing against my 401(k)…credit cards would get used first. Anyhow, so like I said, “when it rains it pours” and why, do you ask yourself, does it happen when something you have been wanting to do for a LONG time…we’ll never know.

Some say it is the Universe talking…others call it bad luck…other still would say…its your fault…you knew it was coming …why did you not prepare ahead of time…well…we don’t because we are HUGE procrastinators and we like to put things off till the last minute or when something finally breaks…mmmmhhhh.

My Perspective:
Don’t put things off till the last minute. Complete the projects you have started. Save anything whether it is 5 dollars a month or 100 dollars a month…just save for the HECK of it…because you will never know when it rains…it could POUR. Till next time, Latino Man signing off.

WIPE OUT DEBTS WITHOUT BANKRUPTCY

DISCLAIMER: This report is in no way providing legal, health, or tax advice. Please consult a professional in the corresponding field, before following anyone of these reports.

WIPE OUT DEBTS WITHOUT BANKRUPTCY

In 1938 a federal law was passed known as the Wage Earner Plan. It is administered by the same branch of our courts that handle bankruptcy. You must be a wage-earner to use the law - that is the primary requirement. The Wage Earner Plan does not in itself 'wipe out' debts, but a little-known proviso of your filing requires that your creditors must appear to verify your indebtedness to them. Statistics indicate that 40% fail to appear, in which case, those debts are indeed 'wiped out'. In some cases 100% of the creditors fail to appear, which enables you to wipe out ALL your debts without bankruptcy. If some of the creditors do appear, then the court allows you to spread your payments out over a three year period in smaller amounts so that you can afford to pay.

Once you file under the Wage Earner Plan, you stop bill collectors, lawsuits, judgements, assignments, seized bank accounts, and other actions against you. And to top it off, your credit rating is, in many cases, improved because you made an honest effort to work with the lending films. Additionally, if the seller used deceptive trade practices to induce your purchase, your debt may be wiped out under the provisions of the Uniform Commercial Code. Under the Homestead Act, your residence can be exempted from levy to the extent determined by local law. Check at your local courthouse.

Thank once again, please come again,