What I’ve learned from my bankruptcy clients

Minimize Expenses The best way to maximize your monthly income is to take a good, hard look at your monthly expenses to determine what can be reduced or eliminated. Mortgage Payment Too many debtors’ have Forced Placed Insurance (FPI) which is a really expensive form of property insurance that typically costs around $2,400 per year. This type of insurance should cost no more than $125  per month or $1,500 per year. A savings of close to $1,000 per year. Cell Phone Almost all debtors’ in bankruptcy case have a cell phone plan with the major carriers costing anywhere from $150 to 

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