What is an Owelty Deed or Lien?

An owelty of partition is an instrument used to allow one co-owner of property to buy the interest of the other co-owners while using 100% of the interests as collateral for a loan to acquire the property.  Common examples are in the situation of divorces, probates...

IRS Form 1099-C: Discharged Debt is NOT Income

If you settle a debt for a certain amount of money, the amount you don’t have to pay is “forgiven.” Using a really simple example, if you have a $10,000 debt, and you settle it for $5,000, the creditor has forgiven the remaining $5,000. Creditors are known to file IRS...

Financial Peace University

“More than one million families have attended Financial Peace University with amazing results. On average, these families paid off $5,300 in debt and saved $2,700 in just the first 90 days! Stop worrying about money, and start your journey to Financial Peace...

Gambling Addiction Resources

National gambling addiction hotlines: National Council on Problem Gambling: 1-800-522-4700 Gamblers Anonymous: 1-888-424-3577 Online support: Gamblers Anonymous: www.gamblersanonymous.org Gam-Anon: www.gam-anon.org National Council on Problem Gambling:...