Debt Answers

Filing taxes for back taxes today

Ken Hayes — Tue, 20 Jan 2009 03:43:57 +0000

I haven’t been filing my taxes lately. Actually, lately meaning 5 years. I should be getting big refund back but i had no way of going about doing this. Found a site though to match me to a tax debt specialist. So I’ll write more about how it goes after i get matched and learn more.

Amex settles for $2500 on $34000…insane!

Ken Hayes — Tue, 23 Sep 2008 04:42:52 +0000

So after I talked to the last debt settlement company, I found this on the yellow pages. Talked to the rep a couple of minutes and she gave me a run down on what she’d be able to do. Matched me with 4 debt consultants and they each told me what they could do with the amex debt. Best offer was approximately paying off only less than 10% of the balance. I went for it. And amex signed off on it. Just took a couple days. They estimated that I’d be paid off on the card in like 2 years with low monthly payments of $120. That totally beats the crazy monthly bill I had before. Ok, time to tackle the next card! I’m going to utilize a matching service next so that they can hook me up with the debt counselor for my citibank debt.

I guess they are hurting from the financial collapse. Ken, over and out!

Debt free 2008 set to attack my AMEX collector

Ken Hayes — Fri, 12 Sep 2008 08:41:09 +0000

I ran across a site today that seems to ask the right questions about my problems instead of just asking a debt amount and for my contact info. I may try this one out (debt free 2008 matching) and see if they can make some in-roads with my $34,000 amex in collection. Those amex jerks never let me pay it off. They just sent it to a collector after missing one month. Let’s let the dogs loose on those guys.

Who doesn’t have credit card debt?

Ken Hayes — Mon, 25 Aug 2008 05:06:18 +0000

Where did the years go?

Well, I know several people who happen to not carry credit card debt and make it a habit to pay off their cards each month. The common theme between them seems to be monthly budgeting. They appear to not spend more than they make each month. And that is really the secret to using cards.

But for those of you like me, we like to buy things. And we go and buy the latest and greatest according to our whim. We firmly believe we deserve this luxury. We don’t have a budget. We either just have money or we don’t. When we do, we’re gadget happy. When we can’t afford it is when there isn’t money left to spend. Hey, we also pride ourselves on thrift when we don’t have anything to spend!

Well, I happen to know the effectiveness of goals in project management or in business. But I don’t quite grasp the effectiveness of goals from a financial standpoint. All I know is that I want more money. My goal is to sit fat in a yacht in search of fun. And I know I need more money to get there. I don’t know exactly how much but just that it will be alot of money. And thus my financial goal is to obtain alot of money.

So where am I with regards to status of completing this goal? I have a couple hundred bucks but alot of toys. I’ve had this goal for over 10 years now. And I’ve probably made close to a million dollars if you add up my salary across the past 12 years. What happened to the money? What the heck is going on?

This blog is about the journey to my goals. In the next few posts, I’m going to devise plans. Test them, and continously compare and utilize only the winning plans. A scientific approach using hypothesis to get out of the hole i’m in. Read along and add your comments if you can relate to my situation. Eager to hear from you all. Let’s break out of this repetitive monotony of a life.