Crushing Debt

In this week's episode of The Crushing Debt Podcast, we make our first venture into the topic of Blockchain technology and crypto currency with Joseph Snyder and Chris Brown.

Joseph is the CEO of Lannister Holdings and Chris is the CTO (Chief Technology Officer). You can find out more about them at www.LannisterHoldings.com.

Lannister Holdings is a fiscally conservative, publicly traded holding company listed on the OTC market (OTC: NBDR). On this week's episode, I talk to Joseph and Chris about how Lannister Holdings acquires, develops and holds blockchain technology.

For more information, contact Lannister Holdings, Inc., or contact us at www.YesnerLaw.com, or [email protected].

This week's guest on the Crushing Debt Podcast is Claudia Mitchell-McLeod with Next Level Financial Partners.

We met Claudia through our friend Robin Lavitch of Surpass Your Goals (you can hear Robin on Episodes 92 and 98 - or follow us on Facebook where we will post links to those episodes).

Claudia has been in Financial Services since 2000, starting as a benefits administrator and then moving into human resources. Her passion is working with women.

Claudia's next Vision Board seminar is September 15, 2018, at her office in the Kennedy Room, you can sign up and get more information by visiting her website at www.NextLevelPartners.com, or [email protected].

You can contact us at www.YesnerLaw.com or [email protected].

Unsure what to say about this week's episode. I fired up the mic after a particularly troublesome "mediation" I had with Ocwen. I put "mediation" in quotes because the bank was clearly not mediating in good faith - and they rarely do.

In a typical mediation, one party starts with one perception of the case, and the other party starts with a competing perception of the case. The role of the mediator is to assist both parties in some middle-ground compromise unless, of course, we're talking about a loan modification mediation - in which case the bank pays lip service and asks the homeowner to provide multiple copies of the same documents. The bank representative then ignores those copies, asks the homeowner to send in yet another copy of the same documents, ignores those documents and then tells everyone at mediation that the bank is missing documents!

In all of my years assisting homeowners in foreclosure, I've walked away from the mediation with a signed loan modification ONCE and that was with a credit union. The purpose of that stat is not to discredit myself or my abilities, but more to point out that the banks never mediate in good faith to try for a resolution. In fact, at one mediation, I had a bank's attorney admit, "the only reason for mediation is to see if the homeowner provided all of the necessary documents."

Luckily, many less people are in danger of foreclosure now than when mortgage foreclosure mediations were created as a specific type of mediation. Hopefully, this is process that will end its uselessness soon, so we can proceed to have good faith discussions on how to resolve mortgage foreclosures.

If you're trying to modify your home mortgage, you could get more relief by hitting yourself over the head with a hammer. Before you do that please contact me at [email protected] or www.YesnerLaw.com.

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) made major revisions to the Bankruptcy Code. In this week's episode of The Crushing Debt Podcast, we talk about one of the more sweeping changes - the Means Test.

The means test is complicated and there is an art and a science to completing the information. The means test is important because it helps determine whether someone can file Chapter 7 (Liquidation) or Chapter 13 (reorganization).

If you have questions about bankruptcy, or the means test, or whether you qualify for Chapter 7 or 13, please contact me at [email protected] or www.YesnerLaw.com.

In this week's episode of the Crushing Debt Podcast, we interview Gordon Newton, President and Co-Founder of the Newton Group.

Do you have a timeshare that you don't want anymore? Were you "oversold" on your timeshare? Are you interested in buying a timeshare?

If so, check out "The Consumer Guide to Timeshare Exit" written by Gordon, which is available on his website at www.newtongrouptransfers.com/guide

Although he's not an attorney, I first heard Gordon on The Cash Flow Guys podcast, and talked about a particular nasty timeshare exit client that I have - he was very helpful with strategy.

If you have a timeshare and want to exit out of it, or want to know if its a good idea for you to buy, check out The Consumer Guide to Timeshare Exit, contact Gordon, or contact me at [email protected] or www.YesnerLaw.com

Today is also my mom's birthday!! She turns 21 every year, it's amazing. Those of you who can, reach out and say "I love you" to your moms today, I know I will be!

In this week's episode, I go over Schedules I & J of the Bankruptcy Petition.

Schedule I describes the debtor's income - all sources of the debtor's income: wages, income from operating a business, interest and dividends, family support (like alimony and child support), unemployment, social security, pension, government assistance, and "other." Basically any and every source of income must be disclosed on Schedule I.

Conversely, Schedule J describes all of the debtor's expenses - rent, utilities, food, medical bills, insurance, taxes, car payments, alimony and child support, and other payments that you make. The trick to Schedule J is that the expenses must be accurate, but also reasonable.

Schedule I & J help the trustee determine that the debtor should be in a Chapter 7 (Liquidation) or Chapter 13 (reorganization), and that the debtor's payment to creditors, if in a Chapter 13, is reasonable.

If you have questions about completing Schedules I & J, or completing the bankruptcy petition itself, please contact our office for a free consultation. www.YesnerLaw.com, [email protected].

We interviewed personal injury attorney Dale Appell in Episode 123 of The Crushing Debt Podcast. Dale is back for this week's episode. I talk to Dale about different topics like:

- Can a Parent be Responsible for their Kids bad driving habits;

- What to do before calling your insurance company;

- Giving a statement to your insurance company;

- What happens if you're injured at the Hard Rock Casino (or other Native American property); and

- Where can a personal injury lawsuit be filed? What if one party lives out of state? What court, Federal or State, has jurisdiction?

Dale can be reached at [email protected], or visit his website at www.wefightforjustice.com. Or you can contact me at [email protected] or www.YesnerLaw.com.

I met Stephanie Heredia from an email she sent me describing the Entrepreneur Center Program on Campus at the University of Tampa (something she is involved with for her business).

Immediately, Stephanie struck me as an entrepreneur on the rise. Her company is www.taxestampa.com where she helps individuals and business owners with bookkeeping and tax preparation services. You can reach Stephanie at [email protected].

From its website: The John P. Lowth Entrepreneurship Center in the Sykes College of Business teaches skills that are critical for today's entrepreneur. Learning to identify opportunities, prepare executable business plans and hone skills through a combination of classroom study and applied learning, makes our program unique. Entrepreneurship education is the fastest growing field of study in the United States, with entrepreneurs projected to be the group that creates vigorous and sustained economic development worldwide.

Stephanie and I talk about entrepreneurship, and also mistakes students make in filing their tax returns, including: whether or not to file, whether to pay sales tax in their business, and money management.

If you have questions about taxes or bookkeeping, reach out to Stephanie, or contact me for other professionals in my network. www.yesnerlaw.com, [email protected]

This week's guest on the Crushing Debt Podcast is going to take two episodes to fully cover all of the great content. However, if you want some behind-the-scenes topics we didn't cover on either show, please visit my YouTube Channel to see some bonus content.

My guest is my friend, Dale Appell of the Dale Appell Law Group, and www.wefightforjustice.com. You can contact Dale by email at [email protected].

Dale is a 1989 graduate of Duke Law School, and a member of the Multi-Million Dollar Barrister Association - meaning he has won verdicts totaling over $1 million (on a single case).

Dale and I talk about Asset Protection, and how to shield yourself from an attorney like him trying to take your assets after obtaining a personal injury judgment against you. We also talk about what you should do after an accident.

If you're in an accident, call Dale for assistance and let him know that you heard about him from the Crushing Debt Podcast, or contact me for an introduction to Dale - www.Yesnerlaw.com or [email protected].

In this week's episode, I talk about an exciting new project from Crushing Debt (you'll have to listen, although I've dropped a few social media hints).

However, I do make an offer for you (my listeners) to be involved in this new project by shooting me an email to [email protected].

To continue to provide additional content, I give you my take on 1031 Exchanges and how those can impact real estate closings. I am not a qualified intermediary, nor are we tax attorneys or CPA's, but I have done enough 1031 exchanges in my day to understand the law behind the exchange of like-kind properties to defer the taxable gain on the sale.

For more information, check out my website at www.yesnerlaw.com.