Monthly Archives: February 2013

Life Insurance May be Taxable

The life insurance industry and to a larger extent new agents therein are quick to proclaim that life insurance death benefits are always 100% tax free… this is just plain wrong.  The sad part, is that those newer agents don’t even know that they are only providing their client’s with half-truths.  There are very real,Continue Reading

How Benefits Affect a DMP

If you receive benefits, you might be wondering whether you can use a debt management plan to bring your debts under control. The answer is yes. DMPs are very flexible, and setting up a DMP can be a really good way to turn your finances around. The good news is that any income can beContinue Reading

Sometimes Bankruptcy IS The Best Alternative: Don’t Put It Off Too Long

Many people often look down on those who look for a  bankruptcy attorney and plan to file bankruptcy.   Some argue that these people are taking the easy way out. Sometimes Bankruptcy Is the Best Choice However, financial bloggers don’t like to always admit this, but there are some situations where bankruptcy is truly the bestContinue Reading