Crushing Debt

On this week's episode of The Crushing Debt Podcast, we interview Mark Willis of Lake Growth Financial Services. Mark is a Certified Financial Planner, and Host of The Not Your Average Financial Podcast.

On today's show, we talk about:

• How can an entrepreneur "fire" their banker.
• How can people meet their financial milestones without unnecessary risk?
• How to protect your assets in the event of a lawsuit?
• How people can create wealth in predictable ways.

To contact Mark, email [email protected], or visit www.GrowMoreWealth.com. You can also find Mark on Facebook at LakeGrowth, on Twitter @LakeGrowth, or on LinkedIn at Mark Lake Growth.

To contact me, visit www.YesnerLaw.com or email [email protected]. If you enjoy the content please share on social media, and subscribe on whatever podcast player you use - that will continue to help me grow the podcast.

Please also remember to visit our sponsor if you need to borrow $25,000 to $100,000 and have a 680 credit score - EasyStartUpFunds.com. Please note this is NOT an affiliate link and I get nothing (other than the potential for additional sponsor funds) by you working with our sponsor. In addition, if you have feedback on our sponsor, positive or negative, please let me know.

Happy Halloween!

This episode of the Crushing Debt Podcast is all about Bare Bones, or Skeleton Bankruptcy Petitions (I guess that's two spooky topics).

A normal bankruptcy petition is in the range of 50 pages, although the first 6 - 7 pages are all that's needed to file and start the case. That's what we mean by "bare bones," only the first 6 - 7 pages, followed up at a later date by the remaining supporting documents and schedules.

As a practice, Yesner Law tries to stay away from bare bones petitions because: (1) they take more time because we're filing documents multiple times instead of filing everything at the outset, (2) they're more expensive, because an additional fee is owed to the bankruptcy court to follow up and "add" creditors to the case, and (3) they are typically a sign that the client is unprepared.

A full bankruptcy petition typically consists of: (1) the Petition, (2) Schedules A - J & a Declaration as to those schedules, (3) Statement of Financial Affairs, (4) Statement of Social Security Number, (5) List of Creditors, (6) Means Test, (7) Statement of Intentions (for a Chapter 7 liquidation) or Plan (for a Chapter 13 reorganization).

Bare bones bankruptcy petitions can be more complicated when filed pro se (meaning by the debtor, unrepresented by an attorney).

If you or someone you know needs to file bankruptcy please refer them to our office, or to a local bankruptcy attorney. [email protected] or www.YesnerLaw.com.

Please also visit our sponsor, www.EastStartUpFunds.com. If you need between $25,000 and $100,000 and have a 680 credit score, you can complete an application to borrow for any reason.

On this week's episode of the Crushing Debt Podcast, we highlight our sponsor, Tampa Business Funds, LLC and Steve Hechtman, through their website EasyStartUpFunds.com and TampaBusinessFunds.com.

You may recall Steve, and his eclectic ukulele from Episode 164 - Alternative Business Lending.

Do you need startup funds for a new business, CBD grow facility, equipment leasing, construction equipment financing, debt restructuring, cash advance, accounts receivable financing, commercial bridge loans, business acquisition, real estate, fix & flips, or for any reason at all? Contact our sponsor to complete an online application to get $25,000 to $100,000. The only other thing you need is a 680 credit score.

In addition to the websites above, you can contact Steve at [email protected], or you can contact me at [email protected] or www.YesnerLaw.com.

What did you always want to know about bankruptcy but were too afraid to ask?

We've got some great listeners of The Crushing Debt Podcast who send in questions from time to time, and if they have these questions, likely you do too.

On today's episode, we answer about:

- Reaffirmation Agreements

- Lien stripping in Chapter 13

- Filing bankruptcy for personally guaranteed debt of an LLC

Please continue to submit these great questions. You can connect with me on social media, or directly, [email protected] or www.YesnerLaw.com. If you enjoy the show, please share it with others.

Finally, please visit our sponsor www.EasyStartUpFunds.com. If you need $25,000 to $100,000 and have a 680 credit score, apply online.

On this week's episode of the podcast, I interview Certified Financial Planner David Wilson Flores.

David and I talk about:

- How to lower the cost of college and maximize financial aid to minimize debt.

- Creating a year end financial planning checklist to save money and minimize savings.

You can read David's successful blog and get more information at www.PlanningToWealth.com or email him directly at [email protected]. You can also follow him on Twitter @NYWealthAdvisor or on Instagram @planningtowealth.

We also want to thank and ask you to visit our sponsor www.EasyStartUpFunds.com if you need $25,000 to $100,000 for any reason (like starting up a business) and have at least a 680 credit score.

You can contact me with comments or questions at www.YesnerLaw.com or [email protected].

This week, we have our friend Chris Calandra with Elliot Wealth Management Services, LLC, as a guest talking about the seven wealth building rules:

1. Importance of Goal Setting

2. Preparation is Key

3. Developing a Wealth Building Plan

4. You Need a Team

5. Tracking Progress

6. The Power of Diversification

7. Be Careful with Debt

You can find Chris at [email protected] or www.elliottwealth.com.

Many thanks to our NEW sponsor, www.anyreasonloan.com. If you have a credit score of 680, and you need $25,000 to $100,000 for any reason, fill out the laser lightning half page online app and get a response within 24 hours.

To contact me directly, email [email protected] or www.YesnerLaw.com. If you enjoy the content, please share it and invite your friends to subscribe to the show on whatever podcast player they use to listen to podcasts!

This week's episode of The Crushing Debt Podcast is the result of a client question - what happens to judgment liens that attach to inherited property?

First we have to talk about when liens attach to property and the different kind of liens, then we have to discuss what happens when the person passes who owes the debt. This week's episode touches on both lien and probate issues.

If you have a judgment lien against your property, or if you inherit property that may have judgment liens from the grantor who died, please contact us to help remove the lien. [email protected] or www.YesnerLaw.com.

Did you know that the Bankruptcy Court for the Middle District of Florida will be the first bankruptcy court in the Country to roll out a program designed to help borrowers repay student loans in a bankruptcy?

As of October 1, 2019, the US Bankruptcy Court for the Middle District of Florida will begin to offer a modification program within the bankruptcy to help borrowers negotiate and reduce the amount of their student loan payments.

Student loans are still non-dischargeable under the bankruptcy code but, like the mortgage modification mediation program, the bankruptcy court hopes that the Student Loan Management Program - SLM or SLM Program - will help student loan borrowers who might otherwise be forced into bankruptcy because they are unable to repay their student loans.

This week's episode of The Crushing Debt Podcast explains the bankruptcy court's order and explains how the program is going to work.

Are you struggling with your student loan payments? Do you know someone who is struggling to make their student loan payments? Please refer them to us. We now have another tool to help them manage their student loans! [email protected] or www.YesnerLaw.com.

In last week's episode of The Crushing Debt Podcast, we interviewed Cole Boling of The Boling Group Coaching & Consulting Services. Those who recall, Cole also has a background as a Realtor and it was his wife, Jamie, that was the listener who reached out to me.

This week's episode of the show is my interview with both Jamie and Cole around their real estate business. Jamie is a Realtor with Keller Williams, first in Topeka, Kansas, and now with The Boling Group here in Tampa, Florida.

Jamie, Cole and I talk about:

• Why they moved from Topeka to Tampa
• Some of the differences between the two markets
• Whether there is a real estate "bubble" forming
• Flipping houses in Tampa (and Topeka)
• Buying Investment properties
• Opportunities to join The Boling Group Team

You can contact Jamie at [email protected] or visit her website at www.TheBolingGroup.com.

If you're a listener and want to connect with me directly, either to talk, ask questions, or be interviewed on the podcast, you can reach me at [email protected] or www.YesnerLaw.com.

It's great meeting fans of the Crushing Debt Podcast, which is how I met my guests this week, and next week.

Cole Boling, owner of The Boling Group Coaching and Consulting Services, has over 2500 hours of coaching businesses large and small on setting and achieving goals. While Cole started as a Real Estate Agent, his coaching programs fit any type of business owner, including Realtors and other professionals.

You'll hear about Cole's three pillars - having a written business plan, a lead generation plan, and a financial plan. We also talk about:

• How the company started
• How Cole and his wife and kids ended up in Tampa (moving from Topeka, Kansas, and
• Cole's focus as a business coach

You can reach Cole on Facebook (search for Boling Group - Coaching and Consultant Services), on the web at ColeBoling.com, or by email at [email protected].

If you have questions for me - or if you're a fan who wants to reach out to have coffee and a good conversation - you can reach me at [email protected] or www.YesnerLaw.com.