Dream It or Live It – Kilimanjaro Challenge 2017

On September 24th, 2017, I will be climbing Mount Kilimanjaro in Tanzania, the world’s highest freestanding mountain, to assist the Philadelphia-Serengeti Alliance (PSA) mission of building water wells in the Serengeti, Rorya and Busega districts of Tanzania. Water development is of the most fundamental importance. Women and girls in Tanzania bear a great burden due to the scarcity of clean, safe drinking water. They are deprived of education, largely because their time is taken up by the laborious task of carrying water from rivers and streams, which can take about half a day. What water there is, often carries dangerous microorganisms, and while fetching 

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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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The Philadelphia-Serengeti Alliance Invites You to The Top of the Hop!

Please join us for our debut fundraiser and help us build our first of many wells in Tanzania! The Solarium, Top Floor of Hopkinson House, 604 South Washington Square, Philadelphia , October 19, 2013, 6 – 9 pm. The Philadelphia-Serengeti Alliance works to develop water resources and improve life in the Serengeti, Rorya and Busega Districts of Tanzania. We are currently working with Parliament members in Tanzania, technical experts and others on a project to build 90 wells. Find out more on our website: http://www.serengetialliance.org/tickets/

Getting Rid of a Second Mortgage in Chapter 13 Bankruptcy

If your late on your mortgage and you have substantial mortgage arrears then chapter 13 bankruptcy is the best method to straighten out your financial house. A chapter 13 repayment plan allows you to pay back your mortgage arrears in 36 – 60 months. A chapter 13 plan erases the pending foreclosure, removes the mortgage loan default and makes the mortgage loan current.   If your house is under water, a chapter 13 bankruptcy also allows you to erase that second mortgage, even a third mortgage by reducing the creditors claim to the value of the collateral. For example: House: 

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40 Million Mistakes – Experian, Transunion, Equifax….

Are you been overcharged for credit card debts, auto loans, mortgage loans,  or insurance policies? A report by the Federal Trade Commission, completed in December, found that 21% of of American consumers discovered a “confirmed material error” in at least one of the credit reports issued by the Big Three credit reporting bureaus — Experian, Equifax and TransUnion. The agencies track the credit histories of over 200 million Americans. If the FTC’s findings are accurate, that means some 40 million Americans have a mistake on one of their credit reports, and 10 million are potentially overpaying as a result. A recent investigation on 

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Fixing a Bad Credit Report

You can take a few simple steps to make sure that your credit report is accurate. The six steps discussed below will help you cope with a bad credit report. 1. Correct any errors on your report. It is common to find that there is incorrect information in your credit file. You have the legal right to correct this information and should do so. Accurate damaging information is bad enough. You do not also need inaccurate damaging entries. You should send a written dispute to each credit bureau that has reported incorrect information. The credit bureau by law must investigate the 

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Identity Theft

Someone may have stolen your credit card or Social Security number and used it to obtain credit, destroying your credit history in the process. You may not even know you are a victim of identity theft until you try to get new credit or apply for a loan and are unexpectedly rejected. Identity theft is often discovered many months after the crime has occurred. Prevention is one of the most effective ways to avoid becoming a victim. Below are some tips on how to avoid identity theft: Place a “security freeze” on your credit history. A security freeze prevents your 

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Bring the Hammer

Stop Debt Collectors Our services are 100% FREE. We stop debt collectors phone calls and threats. We make lawbreakers pay. Abusive collectors are liable for up to $1,000 in damages, plus court costs and attorney fees. If you have ever been behind in paying your bills, you know that you’re guaranteed to hear from a debt collector. A debt collector is someone, other than the creditor, who regularly collects debts owed to someone else. Lawyers who collect debts are considered to be debt collectors, too. And debt collectors are abusive. They violate the law, but you can fight back! Debt collection 

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“We ain’t answering the phones today.” – Philadelphia Sheriff’s Office.

That is a direct quote from the Philadelphia Sheriff’s Office on the morning of the March 5, 2013 Sheriff Sale. My clients were mortified when I informed them of the Philadelphia Sheriff’s Office statement but “thanked God that their attorney stopped the sale of their home.” How would you feel if your house was listed for Sheriff Sale and it was sold because you were unable to stop the Sheriff Sale because the Sheriff’s Office “ain’t answering their phones today.” This is the chronology of events that led up to March 5, 2013. Clients: Husband and Wife living in Philadelphia 

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Chopping Your Car Loan & Interest Rate in Chapter 13 Bankruptcy

Chapter 13 bankruptcy allows you to reduce your principal balance on your car loan and reduce your interest rate to 4.25%! As a bankruptcy attorney in Philadelphia, I have seen clients with car loans double the actual value of their vehicles and interest rates up to 21%. A cram down in a Chapter 13 reduces the car loan balance to the vehicles fair market value. The new amount is paid in the chapter 13 plan over 36-60 months. For example, Dwayne’s car is worth $15,000 but the balance on his car loan is $25,000. His payment is $774 per month 

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