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Entries tagged with 'job loss'


Eliminating Credit Card Debt

Eliminating Credit Card Debt I lost my job 8/31/09 and will be receiving severance pay at my former $7000. month rate. I am 62 & my wife, who also works is 58 and brings home $35,000. per year. We owe...


What should I do with my cash balance plan?

The answer below is posted on behalf of Lynn Lawrance, CFP Question: I was recently laid off after working for a bank for 34 years. I am soon to be 56 years old and not sure I want to get...


Mortage Refinance

I have been covering my mortgage, semi retired and work a part time job. Age 65. As long as I have the part time job things work OK. If they cut my part time job I will not be able...


Can you reduce credit card debt without declaring bankruptcy?

Question: What help is there to reduce credit card debt without declaring bankruptcy? A family member took a significant cut in pay and is not able to handle the current debt payments. However, if he goes to bankruptcy, it will...

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