jjeffjackson

Archive for March, 2009|Monthly archive page

Twitter

In Uncategorized on March 25, 2009 at 1:42 am

I am new to the whole social media craze taking place. I had started some of the items, like LinkedIn, but only recently joined Facebook and Twitter. It is addicting, however, I have been able to get my messages out, especially on LinkedIn, and had meaningful dialogue with a number of people. I even had a dialogue with an attorney in another country. It was great.

I have noticed that many talk show hosts are just now catching the social media train, especially twitter. Somehow I feel like I was one up on them.

Check them out if you are not using them. Keep it professional if that is your goal. Most importantly, be yourself.

Debt Reduction Programs

In Debt Relief on March 23, 2009 at 7:47 pm

Times are tough and Money is tight. Our financial obligations weigh heavy on our minds. Thought I would pass this bit of information along.

Caveat: I have only looked at one program. My opinion does not mean there are not any good programs. Therefore if you have had a good experience, please let me and the world know.

I just had a consultation with a prospective client who is considering hiring a Debt Reduction Company. Based on reading the text, I am not sure this is a very wise move. In order for the plan to “work” the client stops paying their listed creditors and redirects monthly payments into the company account. The plan could take a couple of years. This is scary for a number of reasons: 1) You stopped making payments to your creditors, result they begin collection actions, including using the court system; 2) You are redirecting money into another account that you have NO control over; 3) the program does not protect you from lawsuits to collect on the debts; and 4) if you miss your monthly payment (hardships do not matter) or payments on a negotiated plan, you may be Kicked Out, with no recourse.

So you enroll for say $300 and make monthly contributions of $500.  After four months, you have not paid a creditor and you have contributed $2,300 to an account that is supposed to help you but you cannot control.  Many creditors file a law after missing three monthly payments.  So you are being sued and still contributing $500 a month to some plan, plus you need an attorney to help with the lawsuits.  After a year, you have invested $6,300 plus any expenses to fight lawsuits.  Does this sound like a good idea?

I do not believe I would ever recommend this to anyone. For $1500 to $3500 you can utilize Bankruptcy.

Jeff Jackson, Bankruptcy Attorney, Central Ohio

I provide Debt Relief. I help people file for relief under the Bankruptcy Code.

Easy Money

In Uncategorized on March 23, 2009 at 2:46 am

Just finished reading “Easy Money” by Liz Pulliam Weston. This is a great resource if you would like to get a better handle on your household finances and find way to save money. Just a few of the topics covered are: Take Charge of Your Spending; Get the Most Out of Your Credit Cards; Retirement Investing; Saving for College; Insurance; and Buying Homes and Cars.

The author does a fantastic job presenting useful information in a very readable manner.

I plan on reading “Deal with Your Debt” next.

Jeff Jackson, Bankruptcy Attorney, Central Ohio

I provide Debt Relief. I help people file for relief under the Bankruptcy Code.

Get Your Credit Report

In Debt Relief on March 19, 2009 at 11:29 am

You can obtain annually one free copy of your credit report from each of the three credit reporting bureaus.  Your credit score will cost you a small fee.

Contact Annual Credit Report Service at (877) 322-8228

or www.annualcreditreport.com

The three major credit reporting bureaus in the US are:

Equifax  www.equifax.com   (800) 685-1111

Experian  www.experian.com   (999) 397-3742

TransUnion   www.transunion.com   (800) 888-4213

 

In Canada:

Equifax  www.equifax.com   (Click the Canada Link on the page)  (800) 685-1111

TransUnion   www.tuc.ca

Northern Credit Bureaus, Inc.    www.creditbureau.ca

Goog Luck

Jeff Jackson, Bankruptcy Attorney, Central Ohio

I provide Debt Relief. I help people file for relief under the Bankruptcy Code.

Job Search

In Uncategorized on March 16, 2009 at 3:55 pm

This is a message from Ken Lazar with the Scioto Ridge Networking Group.

“When I talk to you members at our chapter meetings, the conversation always ends up with some comment on how bad the news is.  It seems as though the TV and newspapers are all reporting the same blah..blah..blah.  Here is a great article that is a must need.  It puts it all into the proper perspective.

“To Find a Job, Ignore Doom-and-Gloom News, Experts Say” by John D. Sutter, CNN

 

If you’re unemployed, you know it’s a rough time to be on the job hunt.  There’s a huge pool of unemployed workers out there, and the unemployment rate continues to climb.  But if you want work, you need to block out the doom-and-gloom news about the economy, particularly this Friday’s federal jobs report, said John A. Challenger, Chief Executive Officer of Challenger, Gray & Christmas, a prestigious job-placement and consulting organization.

 

“Don’t listen to it,” he said. “It’s not relevant to any one person’s search.”  His advice: Go look for a job, any job — now.  “You have to get a fast start, and you have to stay at it in this kind of market, because there are more people searching for fewer jobs,” he said. “So you cannot let up.”

 

To get the jobs, applicants should be flexible, Challenger said.  “Be open to changing industries. Be open to moving for a job if you find one. Be open to a part-time job as an audition,” he said. These days, about 40 to 50 percent of successful job applicants have changed industries to get work, he said.

 

In such a competitive environment, Challenger said, it’s important for each job seeker to make his or her search unique.  “Always focus on your core skills. You are really defined by your function, not your industry,” he said.  It also may help to use a bit of common sense, he said.   Look to industries that you think everyone would need, even when their budgets have shrunk.

“There are some places that are OK in this economy: health care, education, government … core consumer products,” he said. “We’re going to all continue to go buy our Grape-Nuts and our coffee.”

I’m going to get a cup of coffee.  See you all this week.

 

 

Ken Lazar   

Your Credit Score

In Uncategorized on March 16, 2009 at 2:23 pm

Just finished reading “Your Credit Score” by Liz Pulliam Weston.  This book has a tremendous amount of useful information and “how-to’s”.  It is very easy to read and very beneficial.  Even if you are not in financial difficulties it is a book worth reading.  The credit industry is tightening its requirements for lending.  You might have had a good credit score last year, but today that same score might not qualify you for the best rates.

Jeff Jackson, Bankruptcy Attorney, Central Ohio

I provide Debt Relief. I help people file for relief under the Bankruptcy Code.

Hello world!

In Uncategorized on March 16, 2009 at 1:24 pm

I am an Ohio bankruptcy attorney. I help people overcome their financial difficulties. There are many tools available for consumers to find debt help. Bankruptcy may be a valuable option to find relief from unmanageable debt. When faced with mounting credit card bills or major, unplanned medical expenses resulting in missed car or house payments, filing for bankruptcy may be your best option.

I provide Debt Relief. I help people file for relief under the Bankruptcy Code.