Crushing Debt

In this week's episode, we interview Samantha Dammer, owner of Tampa Law Advocates to discuss Chapter 7 Bankruptcy for businesses.

Samantha has been practicing just as long as I have - 18 years as of the recording of the podcast episode, and has been practicing bankruptcy in Florida for 10 years.

Some of the issues we discuss:

- When would a Chapter 7 be appropriate for a business

- Why would a business want to file bankruptcy

- The benefits (and some drawbacks) to filing a business Chapter 7

- The mechanics of a business Chapter 7

- And other topics

You can contact Samantha at 813-288-0303 or visit her website at www.tampalawadvocates.com.

If you have questions for me, please reach out to [email protected], or www.YesnerLaw.com.

In this week's episode, I welcome my friend Matt Lapointe, an attorney with the firm Blalock Walters in Brandenton, FL.

Matt and I were talking recently about the number of clients I have who all fear being taken to prison for failure to pay a debt - called debtor's prison. In fact, debtor's prison no longer exists and so Matt, a self-described history buff researched the issue of debtor's prison and we discuss this history of debtor's prison in this week's episode of the podcast.

You can reach Matt at [email protected] or 941-748-0100. Matt focuses on corporate and transactional law (meaning he does not go to Court, although he has attorneys in his firm who do if necessary).

You can contact me at [email protected] or www.yesnerlaw.com.

I found an interesting article about success rates in Chapter 13, reorganization cases that I summarize in this week's episode.

For purposes of the article and podcast, "Success" means that the debtor completed all payments in his Chapter 13 bankruptcy. The results are interesting in determining:

- Should you file individually or jointly with a spouse?

- Should you file on your own or with an attorney?

- What are the Success Rates on your second chapter 13 (after the first one was unsuccessful).

Please let me know what you think of this statistical analysis, and if you want a free copy of the report, please contact me at [email protected].

In this week's episode, I interview Paul Moore with Wellings Capital, and author of The Perfect Investment.

Paul and I discuss strategies to minimize tax liability. As a disclaimer, neither me or Paul are CPA's, Tax Attorneys, or otherwise, but we both have some knowledge and experience with the material.

We discuss strategies like:

- Investing in Real Estate

- Hiring a Tax Strategist

- Use Cost Segregation to Accelerate Depreciation

- 1031 Exchanges

- and more.

You can contact Paul and order his book The Perfect Investment on his website www.wellingscapital.com, or from Amazon at https://www.amazon.com/Perfect-Investment-Enduring-Historic-Multifamily-ebook/dp/B01M0UDZ4D/ref=sr_1_1?ie=UTF8&qid=1504727528&sr=8-1&keywords=The+Perfect+Investment

Or you can order his report that forms the basis of this episode on his website, or from Paul directly at [email protected].

In addition, check out Paul's Podcast - The How To Lose Money Podcast on iTunes and Android podcast players.

You can also contact me at www.yesnerlaw.com or [email protected]

In this week's episode of the podcast, I interview Jocelyn Paonita from The Scholarship System.

This was one of my favorite interviews. Jocelyn was able to have her entire college education paid for by scholarships. The Scholarship System helps people find scholarships for students at all levels of education, wherever scholarships may be available.

Student loan debt is a serious issue in our economy and Jocelyn's example and her systems can help reduce student loan debt before the students actually incur the debt!

The Scholarship System helps people find the scholarships, and then they implement strategies to complete the application for the scholarship.

You can find more information, as well as Jocelyn's contact information at www.thescholarshipsystem.com. Check out their blog, the free webinar, and all of the other information on the website!

You can reach me with student loan questions at www.yesnerlaw.com or [email protected]

This week's episode was recorded during a Referrals for Life social at my house.

I had 5 guests:

Tom Fleming- [email protected] (BNI Executive Director and Asentiv Trainer)

Rob Kellog - R[email protected] (Fast Break Entertainment and Brewing Up Business)

Tiffanie Kellog - [email protected] (Asentiv Trainer, Fast Break Entertainment and Brewing Up Business)

Jason Avery - [email protected] (Avery Construction, Asentiv Trainer, Constructing Success, Inc., and a new Cabinet Company startup)

Dr. Marnita Sandifer - [email protected] (Spa Cafe and BNI Trainer)

Shawn Yesner - [email protected] (Yesner Law, Florida Suncoast Title, Crushing Debt Podcast, BNI Trainer)

We talk networking, business generation, referral generation, and something that connects all of us - every speaker on this week's podcast has multiple streams of revenue in addition to their primary business. From my perspective, I always try to align myself with successful and positive people.

If you live in the Tampa Bay area and want to learn more about Referrals for Life and joining our community here in Tampa Bay, please contact me (or any of the guests on this week's show). What you'll learn is that the goal of the Referrals for Life community is for us all to live a spectacular life !!

In this week's episode of the podcast, we talk about whether a quit claim deed or a quiet title lawsuit can stop a foreclosure, from a listener of the podcast!

Many people believe that transferring a home to a third party and then filing a quiet title lawsuit will defeat a foreclosure lawsuit. Unfortunately, under FL law, the answer is "no."

How I get to that answer is in this week's episode.

If you're facing foreclosure, please visit our website at www.YesnerLaw.com, or email me at [email protected]

This week's episode is Part II of my interview with Bryan Levine of Knox Levine, PA. IN this week's episode, we talk about the different enforcement mechanisms available to Homeowner and Condominium Associations.

When can they claim a lien?

What are they entitled to collect?

If you are on the Board of your association, and you live in Florida, please call our friend Bryan Levine to represent your association. www.knoxlevine.com or [email protected]

If Bryan is representing an association against you, please call me for a free consultation! www.yesnerlaw.com or [email protected]

In this week's episode, we discuss what happens to surplus funds when someone buys a house at a foreclosure auction. Surplus funds exist when the winning bidder paid more than the amount owed to the bank.

This week's episode is a product of another listener question, and is an interesting take on a long-standing Florida Law regarding the association's ability to collect assessments against someone who bus the property at foreclosure auction. What if there are excess funds following the foreclosure sale, but the person foreclosed still owes the association money? Can the winning bidder force the association to take the surplus funds to satisfy the debt owed by the former owner?

We're unsure if there is a clear legal answer to the question, but I give the logical answer in this week's episode. Let us know what you think of my answer?

If you buy property at foreclosure auctions, or if you focus on distressed properties, please reach out to us with any questions, comments or issues you have. [email protected] or www.YesnerLaw.com

In this week's episode, we interview Bryan Levine. Bryan is a partner at Knox Levine, a firm that focuses on representing condominium and homeowner associations.

Recently, Florida passed a law known as the "Estoppel Law," Senate Bill 398. This new law governs certain aspects of what an association can or cannot do when issuing an estoppel letters - those letters that associations issue to let the homeowners know what they owe, what assessments are due, and other financial aspects of the property.

Some things included in the law:

1. The time-frame within which the Estoppel Letter must be issued;

2. A cap on the amount the association can charge for the letter;

3. Describes what information must be included in the Estoppel Letter;

4. The Estoppel Letters must be valid for 30 - 35 days.

If you are on the Board of the association, or an association management company, reach out to contact Bryan Levine at 727-223-6368, www.knoxlevine.com, or [email protected].

If you get a letter from an association and have questions, please send me an email at [email protected] or www.YesnerLaw.com.