I think many people believe that attorneys try to lure in new clients just so they can make money. But there are attorneys who genuinely want to help people. My associate Daydree Dopps and I fit into the category of wanting to help people as best we can even if that means no cash in our pocket. That may mean helping you get a fresh start by filing a bankruptcy, working with your creditors to settle your debts or referring you elsewhere for other solutions.
Below is a list of tips on how to spend your reduced paychecks, unemployment and/or stimulus checks. It came from an article written by Dave Ramsey and is intended to help you avoid filing for bankruptcy as a result of this tumultuous season of our lives. Of course, some of you will still need our help as a result of situations completely out of your control. If this is you, please know that we are here to help. That’s what we do – help people in difficult situations. There is always a way out and it’s our job to help you find it.
1. To Tenants: If the government says you don’t have to pay your rent and there’s a ban on evictions, you better do whatever you can to pay your rent. There will be major repercussions when eviction bans are lifted. Don’t think you’ll get a free ride out of this. PAY YOUR RENT! Your landlord has bills to pay too.
2. To Homeowners: If the government tells banks to stop mortgage payments, DO WHATEVER YOU CAN TO PAY YOUR MORTGAGE!. Some lenders are saying you don’t have to pay for 3 months, but on the 4th month, all four payments are due in full. Do not take a chance and not pay. Major foreclosures will come from all this. The banks didn’t help homeowners in 2008-2009 and in 2020, it’s still the same.
Pay your mortgage.
3. If the utility company suspends payments, you better pay any amount you can! They are like banks, they will want their money eventually and when all this clears up, you’ll owe an exuberant bill and still won’t have any utilities. Pay whatever you can.
4. If you get a government stimulus check, this check is to help pay your bills. That means you pay your rent, your mortgage, your utilities, your insurance, your car payment, your bills. This is not for frivolous spending.
5. The real problem is, many who will get the stimulus check won’t use it to pay their bills, then will be crying and wailing saying, “They evicted me. They cut off my power, they repossessed my car…”
All while you’re broke and carrying that empty purse you bought with your stimulus check.
PAY YOUR BILLS!!!!