Crushing Debt

In this week's episode, we interview Ryan Abremski, Director of Business Development for Executive Care, a home care company.

Health care costs are one of the main reasons that someone files for bankruptcy. As we age, health care becomes an increasing concern. But what if we're still "young" and need a bit of help around the house while recovering from surgery, or if we have some medical issue that prevents us from taking care of ourselves in the home.

Ryan's company helps to take of us in our home. He assists people with short term or long term care, for everything from assistance to people with disabilities, to surgery recovery.

To contact Ryan, visit his website at www.executivehomecare.com, email him at [email protected] or call him at 727-726-7600.

If you have questions for me, I can be reached at [email protected] or www.YesnerLaw.com.

In looking back on last year, I accomplished many of the goals that I set for myself. In this week's episode of The Crushing Debt Podcast, I lay out my system for setting and accomplishing those goals.

If you want a copy of my system, please let me know at [email protected] or www.YesnerLaw.com

In this week's episode of The Crushing Debt Podcast, I talk about a few tips to help you budget.

As I've always said, there are two ways to get more money - increase income and decrease expenses. In this week's episode, I talk about ways to use your budget to do both.

- Tips to increase the amount of money you receive each payroll

- Tips to decrease monthly expenses

What are some of your favorite budget-busting tips? What are some things you have done to increase income or decrease expenses? Please let me know at [email protected] or www.YesnerLaw.com.

In this week's episode of The Crushing Debt Podcast, I have a return guest.

Rob Kellog is my guest this week. Rob is the host of the Brewin Up Business podcast. Rob and I, over a few adult beverages, discuss intellectual property law and at what point should you apply for a trademark and what that process entails.

To attend one of Rob's live Brewin Up Business events, you can visit his website at www.brewinupbusiness.com, and subscribe to the Brewin Up Business podcast.

If you have intellectual property questions, please contact me at [email protected] or www.yesnerlaw.com.

One of the questions I'm asked most often, "What is the difference between a Chapter 7, Chapter 13 and Chapter 11?" This week's episode answers that question.

Chapter 7 is called liquidation. The Trustee will take any non-exempt assets, turn them into cash and pay off creditors. If all of your assets are exempt (protected) the creditors get $0.00.

Chapter 13 is called reorganization. The Trustee will pay your creditors based on any disposable income you have (or based on the value of any non-exempt assets, whichever is greater).

Chapter 11 is also a reorganization, but it is for businesses that want to reorganize, OR it is for individuals that don't qualify for Chapter 7 (because they have income or they have non-exempt assets), OR it is for individuals that don't qualify for Chapter 13 because they have too much debt (there is a limit to the amount of secured and unsecured debt you can have in a Chapter 13).

The main point of today's episode is to consult with a bankruptcy attorney in your area if bankruptcy might be an option. If you want me to help connect you to a bankruptcy attorney in your area, please contact me at www.yesnerlaw.com or [email protected].

This week's episode of The Crushing Debt Podcast is our fourth (or third and a half) interview with our friend Tiffanie Kellog.

Tiffanie and I discuss a question I've tackled over the last few episodes - what are some tactics to motivate referral sources who are all the same profession? How do you give back to a group of similar professions that all refer you business.

There are 16 different relationship builders. While we don't focus on all 16, some that we discuss:

- Featuring your referral source on a podcast, YouTube Video, co-author an article, or newsletter.

- Set up a speaking engagement for your referral source.

- Advising or Advice seeking

- Giving or collecting Testimonials (especially those that speak to a common objection a client may have to hire you).

- Calling your network to simply ask "How are you doing?"

- Doing fun events together

To learn all 16, please contact Tiffanie at [email protected] or https://tiffaniekellog.com/ or https://tampa.asentiv.com.

Tiffanie has a 13-week video program called "Thirteen weeks a Month" to help you save a few minutes here or an hour there. The goal of the program is that you gain 13 hours a week, which creates an additional 28 days of time saved - or one full month, so that you have 13 months in a year. To register for the 13 Months a Year Program visit https://tiffaniekellog.com/13monthsayear

Also remember to subscribe to Tiffanie's (and Rob's) podcast - Brewin' Up Business at http://brewinupbusiness.libsyn.com/website

I've always said that there are two way to create money to pay down or pay off your creditors: (1) make more money, or (2) cut expenses.

One of the ways I've been able to make more money is through word of mouth networking, and many episodes of the Crushing Debt Podcast discuss networking topics.

Some episodes that talk about networking in general are 133 (FinCon2018), 33 (Business Card Graveyard) and 17 (Running and Goal Setting).

Every 6 months, my community has a garage sale, which is a great place to practice your sales skills - episodes 118, 86 & 68.

I've got episodes on living a spectacular life with the Asentiv program - 76, as well as word of mouth networking with Tiffanie Kellog (episodes 48 & 12).

Jason Avery with Constructing Success is episode 8.

Why I do what I do is episode 5.

I also talk about the difference between generating a referral versus an introduction to a referral source. I talk about tips and strategies to network at events and one-to-one. Finally, I talk about a question we'll tackle on a future episode - "feeding" multiple of the same type of referral sources.

I hope you enjoy this episode of the podcast. What are some of your favorite networking tips? Please share at [email protected] or www.YesnerLaw.com.

In this week's episode of The Crushing Debt Podcast, I take a look at the different reasons our clients come to us for bankruptcy protection:

• Divorce
• Loss of a Spouse
• Medical Bills
• An Injury that cause time off work
• Credit Card Debts and Repossessions
• IRS Debt
• Loss of Income / Loss of Job
• Closed Business
• Foreclosure
• Student Loans

These types of debts do not discriminate between Chapter 7 & 13, and neither chapter necessarily better or worse to deal with these debts (look for a future episode on the difference between Chapter 7 Liquidation and Chapter 13 Reorganization, or check out our blog).

Please contact me at [email protected] or www.yesnerlaw.com with what other reasons you think people might file for bankruptcy, or questions you have around these different debts.

In this week's episode of The Crushing Debt Podcast, I talk about a topic requested by our listeners - divorce, real estate and debt.

While I've talked about each of these subjects in some manner, this is the first episode dedicated to the intersection of all three.

What should you know about real estate that you jointly own with your ex? What should you know about debt that you jointly owe with your ex? How did you take title when you were married and how does that impact the debt, and then the divorce? We explore all of these topics.

I would appreciate if you would share this episode with someone you know who is getting a divorce, or thinking about a divorce. We do not practice family law, but can help the divorcing couple to figure out what they can do with their home and debt. You can reach me at [email protected] or www.YesnerLaw.com.

In this week's episode of the Crushing Debt Podcast, I interview Conor Richardson, author of The Millennial Money Makeover book which will be released on Jan. 1, 2019, so order your copy now at www.MillennialMoneyMakeover.com. Conor is a CPA and Author who earned his Accounting and Finance Degree at the University of Georgia. Once he obtained his Masters of Accounting degree from Villanova and became a CPA, Conor moved to New York to work with Deloitte & Touche, and now lives in Austin, Texas, as an entrepreneur.

As the title suggests, the book is written from the perspective of a Millennial's approach to money. Conor's story is a turnaround story on debt, and alignment of goals. Although geared towards Millennials, the book could be read and utilized by all the different generations.

To reach Conor directly, [email protected].

Please email me at [email protected] or www.YesnerLaw.com if you have any questions or want to suggest future show topics.