I think I’m about to be dropped into the unemployed basket I’m in the middle of filling out an application form for a Payday Loan from Advanceloan.net. The CEO’s secretary says that pink slips are being prepared and I’m going to need a loan to get me through the next few weeks while I job [...]

When the money arrives, what should I attend to first? I am a list guy. I have 4 very active lists: o The ‘hysterical list’ aka the AdvanceLoan.net Loan list, o The ‘critical list’, o The ‘urgent’ and o The ‘wish list’. Only once have I attended to something on the urgent list and I [...]

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott 401(k) loans are treated differently in Chapter 7 bankruptcy than they are in Chapter 13 bankruptcy.  And by “401(k) loans” I mean any deferred compensation loans–403(b)s, 457s, and other similar qualified plans. In Chapter 7, 401(k) loans are basically ignored.  It’s my practice to show the payment [...]