UnPaid Credit Cards

Has this happened for you?

With the rise of unemployment many individuals are stuck not paying there bills.  What happens,  late charges, and interst fees will be increased.

The debt just doe not go away.   The debt will follow you,  it can ruin your credit, and even prevent you from obtaining employment.

This article gives advise on what to do if you are behind on your bills.

I agree with most of the suggestions, as calling your credit card company can be tricky, but most are willing to work with you.

Sometimes by using an attorney you will be able to negotiate better terms, or payment plans.  Then of course if you are so far behind, and you don't see income increasing you might be best to file for bankruptcy and get a fresh start.

The Attorneys at Arroyo Law Firm can assist you in determining what is best for your financial needs.

My Boss is a Jerk?

Have you ever thought this?  Have you ever repeated  this?  Did you know that it is not illegal for your boss to be mean, or to be a jerk.  In fact may cases have been lost because the Court have ruled that it is not illegal for your boss to be a Jerk.

Many Clients feel that they have the right to sue, because they were fired or quite because their boss was a jerk. When in reality they have to meet certian criteria before they can sue.

The number one reason for employment law calls to the Arroyo Law Firm is that they were fired, because there boss did not like them.  Our first question is WHY?

If one of our clients is facing troubles at work, the best advise we can give them is DOCUMENT! DOCUMENT, DOCUMENT.

Gathering all the information prior to termination will help us prove your case.

If you believe you have been wrongfully terminated, The Arroyo Law Firm, can assist you. Give us a call for a free Consultation 714-566-4112.

http://www.arroyofirm.com/

New Website!

The Arroyo Law Firm just launched their new website.

Check us out,  We offer a free 30 minute legal consultation.   We can help you answer all of your legal questions.


www.arroyofirm.com

Debt Collectors! How Far is Too far?

Have you ever received a phone call from a debt collector?  If so you will know that they are pushy and sometimes just plain mean.    I have read horror stories about debt collectors harassing, yelling, cursing, and threatening patrons because they were late on their bills.

Yes, I understand that these patrons took out money, spent on a credit card, however in most cases the people had full intentions on paying the bill back. Sometimes, life just happens. Events happen that doesn't allow for the cable to be paid on time.  There is definitely no need for harassment over an unpaid bill.

This Article, encompasses everything that I was saying.  Debt Collectors are going crazy with the ways they are trying to get you to pay.

If you or someone you know is having financial difficulties let us help.  The Arroyo Law Firm is here to help ease your financial mind.


With one easy phone call we can sit down and work out a plan towards your financial freedom.

Regulation of Marketing of Financial products?

As a bankruptcy attorney, I have seen many clients in financial distress.  The economic downturn has hurt their piggy banks.   In 2007 or prior a lot of consumers were purchasing houses at an unbelievable  rate.  The real estate market was at an all time high, while more and more consumers were qualifying for home loans.

I think the government is taking a step in the right direction by creating the  Consumer Financial Protection Bureau (CFPB).  This Bureau was created to "Educate, Enforce and Study". The first task of the CFPB is discussed in this article.  They want to regulate how "non-banks" advertise.

While I believe it is important for "non-banks" to be regualted, I also feel BANKS need to be regulated as well. As I know from first hand experience that the traditional bank was giving out financial freedom to consumers who in a normal economy would not have qualified.

If you are one of those consumers, who is in need of a little help,  Please feel free to give the Arroyo Law Firm a call.  We offer free consultation, and can let you know your rights.

Money for the Pooch?

I find it interesting that you cannot leave your entire fortune to your animal.  This Article is an intersting take on whether your dog or any loved animal should get your money when you die. Not that I have any beloved animal that I am worried about, but I do have an awesome family that I want protected.

This gets me thinking about my family and what would happen if I die, and as an attorney I know I should have something in writing, as I want to make sure my kids are well protected in the event of my husband and my death.

So the question remains do you have your estate in order in case of the unthinkable?   Any estate planning attorney can help you set up a simple will that states what happens to your things (assets) if you were to pass on.

Many people say I don't need a will I do not have any money, but its not the money you need to worry about its the children, and the pets.

Student Loan Debt Non Dischargeable in Bankruptcy

In 2005, a Bill was passed that made it nearly impossible for student loan debt whether private or public to be discharged in bankruptcy.

As an Attorney law school is rather expensive, unless you were a lucky one on a full ride.  No matter who you are you are coming out of school with a nearly $100,000 or more in student loan debt.  That now even in this terrible economy is impossible to hide from.

I know many college graduates who have a bachelors, and even a masters or a doctorate but are unable to find work that is willing to pay them a decent salary.  Many lawyers I know that are freshly barred are working as legal assistance or secretaries.   This salary is not enough to pay the hefty student loan payment each month.

This article describes how a Bill has been brought forth that would make Private Student loan dischargeable in a bankruptcy just as any other consumer debt. In my opinion this Bill  is a great break through for some.  With the cost of the education on the rise, and the economy on the slump there has to be some relief, for those hefty private student loans.

Not that I believe people should get a free ride, but they should get the help they need when they are in a slump!  Bankruptcy is about starting over, getting a fresh start, and with Private Student Loan hanging over your head how is that a fresh start!