Money Go Roundtable
Summary: Discussion of recent events in consumer money issues, covering credit, collection, foreclosure, bankruptcy, student loans, and budgeting.
Gene explains the Doomsday Rule and Jay and Gene discuss whether it is better to pay off debt or save for retirement Answers to listener questions.
How many credit scores do you? Jay and Gene talk about credit scoring and answer some listener questions.
Jay and Gene talk about Congress' failure to act in extending exemption from taxes any phantom income realized from a short sale or a foreclosure deficiency. More answers to listener questions.
The U.S. government has eliminated the Statute of Limitations for collection of any money owed to it. Jay and Gene find out about a change in the law from 2008 that will trip you up. And we answers some listener questions.
Jay and Gene talk about two lawyers in trouble with the courts around the country. Listeners questions answered.
Who in the consumer finance world can really see all aspects of your financial life? Jay and Gene talk about Enrolled Agents before the IRS, Consumer Credit Counselors, and Personal Finance Advisors. Do Consumer Bankruptcy Attorneys really see the whole picture?
What would you do
Aid for Student Loans and How Long Does A Bankruptcy ON My Credit Report?
California Town threatens to use eminent domain against mortgage banks and a Listener Question
Rust Consulting has over 400,000 un-cashed checks for homeowners wrongfully foreclosed. Detroit (Bankrtupt) Rock City?
The Consumer Finance Protection Bureau takes on debt collectors, Chase reveals a settlement with the government and is the CFPB looking at your credit report?
Jay and Gene continue the discussion of budgeting, living paycheck to paycheck and starting a savings account.
Jay and Gene discuss Twinkie's, paycheck budgeting and debt management plans gone awry
Jay and Gene continue their discussion on student loans. The latest news on Sallie Mae's Split into two companies and discharge of student loans through bankruptcy. Some fun facts about student loans that will shock you.
This week we talk about how the "Fiscal Cliff" will affect consumers. Forget about taxes, forget about deductions, think about unemployment checks. And then we have a short discussion on the time it takes to foreclose and the burden that has on homeowners who are losing their homes. Next episode after the beginning of the new year. See you then! Tax Break for Mortgage Forgiveness Set to Expire on December 31, 2012 Mortgage Interest Deduction: Most Consumers Don't Use the Tax Break, Report Finds -- AOL Real Estate Extended Unemployment Benefits Could Fall Off Fiscal Cliff Realty Trac reviews how long it takes for a foreclosure: State by State