Crushing Debt

In this week's episode of The Crushing Debt Podcast I talk about Discovery, the process by which the parties to a lawsuit determine, challenge, narrow, and identify the evidence to be used in proving their case to the judge and/or jury. There are different types of discovery.  Depositions are questions asked in an interview style, under oath. Request for Admissions are written statements that the...

This week, our guest on the show is Steve Hechtman of Rapid Approved Financing, LLC, an alternative business lender. Steve started the company in 2006 to be an additional source for lending if and when the banks won't lend money. Steve can help with hard money loans, business loans or real estate loans. All of Steve's loans are non-residential, meaning if the loan is going to be supported by your...

I've been saving up stories of banks (and their attorneys) doing things that make no sense, or doing things that are plain dumb. For example: Wells Fargo arguing with me over getting paid $30 too much in a short sale. Opposing counsel requiring an affidavit to cancel a sale on a loan that was paid off in full. Deutche Bank cancelling a sale to do a loan modification on a house the client wanted to...

We have Chris Calandra from Elliott Wealth Management Services back on the show to talk about the benefits of life insurance.  Chris and Elliott Wealth are now sponsors of The Crushing Debt Podcast, and you can support them by going to the website - www. ElliottWealth.com  to request your free 15-minute life insurance checkup. A service offered only to listeners of the Crushing Debt Podcast. In th...

In this week's Crushing Debt Podcast episode, we have a returning guest, Paul Moore of Wellings Capital. Paul was a guest on Episode 78 talking about reducing tax liability using multifamily investing, and promoting his book "The Perfect Investment." In this week's episode, Paul is back to talk about: 1. Two new private equity funds Paul has launched for real estate investors, an income fund and a...

In this week's episode of The Crushing Debt Podcast, I talk about a Federal law that went away, came back in the form of a Florida law, and now is back as a Federal Law - The Protecting Tenants in Foreclosure Act. The federal version of the law allowed a tenant to remain in his lease if the house was taken in foreclosure, except under certain circumstances. The Florida version of the law required...

In this week's episode of the Crushing Debt Podcast, I interview attorney Derek Bernstein.  Derek practices personal injury law, represents doctors in PIP (personal injury protection) lawsuits, handles family law matters, and represents small businesses. In this week's episode, we talk about: Derek's YouTube channel has over 70 videos on different legal topics; How Derek & I met (hint: SEO from ye...

When someone hires me to file a bankruptcy for them, one of their first questions is "how will this impact my credit?" My concern is eliminating their liability. What good is a credit score that is smashed from unpaid bills and creditors chasing you? Some topics I cover on this week's show: Should you be behind in payments to negotiate debt? How will negotiation of the debt affect your credit? Cre...

Welcome to the first episode of Year 4 of The Crushing Debt Podcast! This week's episode is an interview with Chris Calandra of Elliott Wealth Management Services, LLC. Chris is also the host of the Simply Financial Podcast , an innovative, comprehensive, informative and cutting edge Podcast that discusses financial topics ranging from personal finance, economics, politics and personal growth. Sim...

Welcome to the last episode of the third year of the Crushing Debt Podcast! When this episode is released, I will be at Podfest Multimedia Expo 2019, attending for the third year and speaking for the second year in a row! As I reflect on last year's episode of the podcast, I am really happy about the goals that I've accomplished between Podfest 2018 to Podfest 2019. I've got 3 goals for Podfest 20...

In this week's episode of the Crushing Debt Podcast, I review the major clauses of a standard Mortgage.  I remember closing on my house(s) and reading the mortgage.  Some sections I knew were boilerplate and some sections I slowed down to read.  Also, in the course of representing homeowners buying their first home, I typically read the mortgage. This week's podcast episode comes from a question f...

In this week's episode of The Crushing Debt Podcast, we talk to our friend and fellow attorney Scott Smith with Royal Legal Solutions, and host of the Real Estate Nerds podcast. Scott and I discuss asset protection issues for real estate investors, but could be used by any business owner, entrepreneur, or solopreneur. Specifically we talk about: - Business owner protecting themselves from frivolou...

On this week's episode of the Crushing Debt Podcast, I want to talk about real estate investing, specifically: - Entity Structuring (LLC v. C-Corp v. S-Corp) - Subject-to Transactions / Due on Sale violations - Wrap-around Mortgages - Using Florida Land Trusts - Investing Podcasts I listen to regularly - Investing in distressed properties Please listen to the episode if you want to learn how to ob...

In this week's episode of The Crushing Debt Podcast, we interview our friend Scott Carson of We Close Notes.  We first met Scott at Podfest 2018 and look forward to spending time with him again at Podfest 2019.  We were also happy to be a guest on Scott's Show - The Note Closers show . Scott buys and teaches others to buy non-performing debt at a discount, and then negotiates to help people stay i...

In this week's episode, we interview Ryan Abremski, Director of Business Development for Executive Care, a home care company. Health care costs are one of the main reasons that someone files for bankruptcy. As we age, health care becomes an increasing concern. But what if we're still "young" and need a bit of help around the house while recovering from surgery, or if we have some medical issue tha...

In looking back on last year, I accomplished many of the goals that I set for myself.  In this week's episode of The Crushing Debt Podcast, I lay out my system for setting and accomplishing those goals. If you want a copy of my system, please let me know at Shawn@YesnerLaw.com  or www. YesnerLaw.com    

In this week's episode of The Crushing Debt Podcast, I talk about a few tips to help you budget. As I've always said, there are two ways to get more money - increase income and decrease expenses.  In this week's episode, I talk about ways to use your budget to do both. - Tips to increase the amount of money you receive each payroll - Tips to decrease monthly expenses What are some of your favorite...

In this week's episode of The Crushing Debt Podcast, I have a return guest. Rob Kellog is my guest this week.  Rob is the host of the Brewin Up Business podcast.  Rob and I, over a few adult beverages, discuss intellectual property law and at what point should you apply for a trademark and what that process entails. To attend one of Rob's live Brewin Up Business events, you can visit his website a...

One of the questions I'm asked most often, "What is the difference between a Chapter 7, Chapter 13 and Chapter 11?" This week's episode answers that question. Chapter 7 is called liquidation. The Trustee will take any non-exempt assets, turn them into cash and pay off creditors. If all of your assets are exempt (protected) the creditors get $0.00. Chapter 13 is called reorganization. The Trustee w...

This week's episode of The Crushing Debt Podcast is our fourth (or third and a half) interview with our friend Tiffanie Kellog. Tiffanie and I discuss a question I've tackled over the last few episodes - what are some tactics to motivate referral sources who are all the same profession?  How do you give back to a group of similar professions that all refer you business. There are 16 different rela...

I've always said that there are two way to create money to pay down or pay off your creditors: (1) make more money, or (2) cut expenses. One of the ways I've been able to make more money is through word of mouth networking, and many episodes of the Crushing Debt Podcast discuss networking topics. Some episodes that talk about networking in general are 133 (FinCon2018), 33 (Business Card Graveyard)...

In this week's episode of The Crushing Debt Podcast, I take a look at the different reasons our clients come to us for bankruptcy protection: Divorce Loss of a Spouse Medical Bills An Injury that cause time off work Credit Card Debts and Repossessions IRS Debt Loss of Income / Loss of Job Closed Business Foreclosure Student Loans These types of debts do not discriminate between Chapter 7 & 13, and...

In this week's episode of The Crushing Debt Podcast, I talk about a topic requested by our listeners - divorce, real estate and debt. While I've talked about each of these subjects in some manner, this is the first episode dedicated to the intersection of all three. What should you know about real estate that you jointly own with your ex?  What should you know about debt that you jointly owe with...

In this week's episode of the Crushing Debt Podcast, I interview Conor Richardson, author of The Millennial Money Makeover book which will be released on Jan. 1, 2019, so order your copy now at www. MillennialMoneyMakeover.com .  Conor is a CPA and Author who earned his Accounting and Finance Degree at the University of Georgia.  Once he obtained his Masters of Accounting degree from Villanova and...

Happy Thanksgiving from The Crushing Debt Podcast and Yesner Law! I recorded this episode while waiting for my open house to start.  The open house was a celebration of my 20 years practicing law, so it provided a great opportunity to review 2018.  I also provide some insight into how I set and track goals.  I also look forward to 2019. Thank you all for being listeners to the show!  If you have q...