Jen Lee Law

New episode for Debt Therapy! Mike Cardoza and I had so much fun talking about credit that we had to split the episode into two segments. In the first part, we talk about disputing things on your credit report, how to do it, and Mike's experience as a former debt collector. Check it out: https://www.mydebttherapy.com/blog/S2-Ep4

You would think these headlines would be from 2 different decades...or at least 2 different years, right? Nope. Both were from news articles dated January 5, 2021. "Pandemic Spurs Most Bankruptcy Filings Since 2009"... "Bankruptcy Filings Hit 35-Year Low Thanks to Government Pandemic Aid" Wait, what? Check out our latest blog post: https://jenleelaw.com/2021//a-lesson-in-internet-headlines/

Leo Spanos, Senior Associate Attorney at Jen Lee Law, wrote a great article about removing the stigma associated with getting help for financial stress. https://www.linkedin.com//its-time-remove-stigma-associat/

Student loan forbearance has been extended to 1/31/21 (for qualified federal loans). https://www.nasdaq.com//federal-borrowers-get-to-skip-anot

Some alarming numbers: 1 million student loan borrowers default each year. 40% of all borrowers are expected to default on their student loans by 2023.... https://www.cardrates.com/advice/student-debt-statistics/

Fascinating. Missing credit card payments may be an early sign of dementia. Missing credit card payments can have a domino effect on overall financial health. We hear it all the time: "I thought I was alone and had to deal with these issues by myself because it's embarrassing." https://www.cnn.com//dementia-study-financial-s/index.html