In this week’s Episode of The Crushing Debt Podcast, I talk to Clint Haynes, CFP, founder and president of Next-Gen Wealth.
Clint created the Financial Freedom Blueprint Course and, as a special offer to listeners of the Crushing Debt Podcast, has provided a coupon code for you to use the materials in the course to get your finances under control, or give your finances the tweak you need to accomplish your financial goals.
Please visit FFC.CrushingDebtPodcast.com (not www) and enter code YESNERLAW for a discount off of the lump sum price, or ender code YESNERLAWPLAN for a discount off of the monthly price. Note this is an affiliate link, so each purchase also helps benefit the show by giving a little portion of the purchase back to me.
Specifically, Clint and I talk about the following sections of the Financial Freedom Blueprint Course:
While we try to be thorough with our client consultations, there is a lot of information to take in regarding the process of filing for bankruptcy. In early 2019, during our strategic planning for 2019, I heard about a "turbulence report" (and I wish I could remember from where). The concept is to provide clients with as many different instances where the bankruptcy case could experience some common issues that might cause some bumps in the road, but could be resolved; in other words, where might we experience turbulence within the case. I wrote a blog post about it back in January 2019, with the intent of directing clients to that blog post after filing their case. During our 2020 strategic planning, we decided that it would be of benefit to also record the different post-filing issues in this podcast. While I follow the general outline of that blog post, I do not read it word for word, so there is slightly different content - or similar content approached in a different way - between that blog post and this podcast.
Specifically, what are some common questions post-filing that apply to all bankruptcy cases? What are some post-filing issues specific to Chapter 7, Liquidation? What are some post-filing issues specific to Chapter 13, Reorganization.
Again, all of these issues are post-filing issues and, unfortunately, I don't think this is an exhaustive list of all post-filing issues. For other issues that you've experienced, or if you have questions about pre- or post-filing, please email me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
Welcome to show 200 of The Crushing Debt Podcast!
To kick off 2020, I talk about the Top 20 ideas to reduce or eliminate your Debt.
I talk about everything from Bankruptcy to Negotiations, and everything in between (if I listed them all here, you wouldn’t need to listen to the show).
I really appreciate all of you who have listened to a single episode or subscribed to the show, or supported it in another way. As we approach the end of Year 4, I would be very thankful if you subscribed to the show (its free on whatever app you use to listen to podcasts), or leave me an honest review to let me know how I’m doing, or suggest future topics for the show!
A confession - I miscounted and thought that today’s episode would be Episode 200 of The Crushing Debt Podcast, so when you listen to that episode next week (please subscribe to the show - its free), it will sound like it was supposed to be released today.
Therefore, for Episode 199, I thought I’d talk a bit about networking. Where do I network, why, and what are some different ideas I have to generate referrals for my network? Admittedly, the idea for today’s show came when I heard two different people that I respect, at two different events, both bash the networking group that I’ve been a member of since 2004 - BNI. I know there are some who bash the organization, and maybe it has earned some of the negative publicity. However, for me, BNI has been a huge benefit, generating roughly 40% of the law firm’s revenue year over year, consistently for the past six or seven years.
Aside from that organization, and as we start 2020, what are your thoughts on Networking? What group(s) do you belong to and how do you decide which groups to join and how to participate? I would appreciate your feedback at Shawn@YesnerLaw.com or www.YesnerLaw.com.
Again, please remember to subscribe if you don’t already. It is free and you can subscribe wherever you listen to the show!
This week’s guest on The Crushing Debt Podcast wants you to attain financial independence or less outside of the Wall Street Casino. He is the host of the Income Hacker podcast, Ryan Wright.
You can go to his website - www.DoHardMoney.com/Crushing-Debt-Podcast for a free copy of his book “How to Get More Money Than You Can Handle” and check out his Real Estate Guide to Finding Deals.
Ryan and I also discuss:
Plus, you’ll hear Ryan say something that has never before been said on the podcast!
You can connect with Ryan on:
Please also remember to visit our sponsor at www.EasyStartUpFunds.com for another source of funding for your real estate deals (and almost any other venture).
Please support the show by subscribing wherever you listen to podcasts (its free), and contact me with questions at Shawn@YesnerLaw.com or www.YesnerLaw.com.
On this week’s episode of The Crushing Debt Podcast, Jack Bosch, The Land Guy.
Jack came to the United States in 1997 with two suitcases. We talk about Jack’s system for land flipping, which has made him financially independent. Jack focuses on land valued between $10,000 and $100,000, and we talk about the three (3) types of properties he invests in and who he sells to, plus his Financial Philosophy.
Jack’s mission is the get 1,000 families to the $1 million level in net wealth.
You can also hear Jack on his Forever Cash Life Real Estate Podcast: http://www.forevercash.com/category/podcast/
You can also join his facebook group: Land Profit Generator Real Estate Investing Group.
You can also visit Jack’s website: www.LandProfitFun.com
Remember to visit our sponsor at EasyStartUpFunds.com
Remember to subscribe (its free) wherever you listen to podcasts, or contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
Michael Watkins was a guest on the Crushing Debt Podcast almost 100 episodes ago, in Episode 97, talking about tax savings through cost segregation.
In today’s episode, Michael and I discuss wealth transfer, including, his company Tampa Bay Advisory, LLC, his start in the financial services industry, advice for people nearing retirement, and Michael’s new project, Retirement Tampa Bay.
My take-away from this interview - Don’t follow the herd. Think for yourself when making financial decisions but do your homework and trust your instincts.
You can reach Michael at email@example.com or www. TampaBayAdvisory.com. Also check out his new project at www.RetirementTampaBay.com (or anywhere you listed to your favorite podcast).
Please show some love to our sponsor - EasyStartUpFunds.com.
Lastly, please contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com. What questions can I answer for you?
In this week’s episode of the Crushing Debt Podcast, we interview our friends from Tax Resolution Task Force - Andrea Pope Bauman, CPA, and Jake Blanchard, Esq.
I’ve known Andrea as a Chapter 7 Bankruptcy Trustee, a position she held for nearly 20 years prior to recently stepping down from that role. However, prior to being a Trustee, Andrea was an IRS Revenue Officer. She’s taken that experience and used it to start Tax Resolution Task Force.
Jake has been an attorney for more than 11 years, working at both big and small law firms, with a focus on bankruptcy and, specifically, using bankruptcy to eliminate IRS debt.
Andrea, Jake and I discuss the services offered by Tax Resolution Task Force, including:
If you want to reach out to Andrea or Jake, contact them at www.TaxRTF.com, or email them at Andrea@TaxRTF.com or Jake@TaxRTF.com.
Please also remember to visit our sponsor - EasyStartUpFunds.com.
If you have questions for me, please contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
We’re nearing our 200th episode. Please subscribe to the show on whatever podcast player you use to listen shows. Subscribing is free and does not put you on any list to be spammed with emails, but you will get the newest episodes of the Crushing Debt Podcast each week when the episode is released.
Happy Thanksgiving from The Crushing Debt Podcast and Yesner Law. While it has become an annual tradition to use the show to list what we are most proud of accomplishing in the previous year, I also talk about two topics, inspired by listeners, on today’s show:
1. Why did I form an LLC if it doesn’t protect me?
2. As the seller of real estate in Florida, what do I have to disclose (the Johnson v. Davis case)?
However, I do also want you to pay attention to what we accomplished this past year - no we do not need a pat on the back, but if you want our system for goal achievement then let us know. Or listen if you just need a boost to think back on all that you accomplished this past year. Let us know what you’re most thankful for in 2019.
Please also visit our sponsor - EasyStartUpFunds.Com. Again, this is not an affiliate link. This is a lending website. All I get from you visiting the sponsor is continued goodwill and the possibility of future referrals from our sponsor. I get no money from you clicking links with them.
If you have questions for me - Shawn@YesnerLaw.com or www.YesnerLaw.com.
On this week’s episode of The Crushing Debt Podcast, we interview our long-time friend and referral partner, Barb Kyes, managing partner of ActionCOACH Tampa Bay.
Long-time listeners may remember that we had Barb’s daughter, Juliet Kyes on the show way back in Episode 63 and we’re thrilled to have Barb on this week’s show.
Contact Barb at Barb@ActionCOACHTampaBay.com or www.ActionCOACHTampaBay.com and mention that you heard this episode, or mention my name, to receive a complimentary coaching session by one of the best business coaches anywhere!
ActionCoach Tampa Bay started in 2007 as an international franchise and is now ranked in the top 20 ActionCoach firms internationally. In fact, all of their coaches are currently ranked internationally, many of them at or near the top of the franchise.
Barb and I talk about their book, OMG! WTF! (What’s the Focus) which is available on Amazon, or locally if you find Barb, Juliet or Ford Kyes. Some of the chapters we discuss:
We also talk about the 5 Ways tool, one of my favorite tools that I use regularly in my law firm.
If you have questions for me, please contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com. If you found value in this episode, I would love if you subscribe to the show (its free to do so) and share the episode on Social Media.
Please also visit our sponsor (not an affiliate link, a referral partner of ours) - www.EasyStartUpFunds.com.
In this week’s episode of The Crushing Debt Podcast, I interview Robert Farrington, The College Investor.
Robert started his website and blog - www.TheCollegeInvestor.com - in 2009 after hearing some pretty scary financial advice that he was not okay with. His website is filled with personal financial topics for millennials (and others), with a focus on escaping student loan debt.
Robert also has eliminated, for himself, more than $43,000 of student loan debt. Beware of servicer mistakes that can keep you in debt, and use The College Investor to learn how to spot those mistakes. We also discuss practical tips to get out of student loan debt like: creating a side-hustle for extra income and collecting the right information to know and understand your options.
You can reach Robert at his website - www.TheCollegeInvestor.com, or Robert@TheCollegeInvestor.com. Robert is also host of The College Investor Audio Show.
Please also remember to visit our sponsor - EasyStartUpFunds.com.
If you have questions for me, you can reach me at Shawn@YesnerLaw or www.YesnerLaw.com, and please continue to support the show by sharing it with friends, and subscribing on your podcast listening app (whichever one you use).
On this week’s episode of The Crushing Debt Podcast, we interview Mark Willis of Lake Growth Financial Services. Mark is a Certified Financial Planner, and Host of The Not Your Average Financial Podcast.
On today’s show, we talk about:
To contact Mark, email MarkWillis@LakeGrowth.com, or visit www.GrowMoreWealth.com. You can also find Mark on Facebook at LakeGrowth, on Twitter @LakeGrowth, or on LinkedIn at Mark Lake Growth.
To contact me, visit www.YesnerLaw.com or email Shawn@YesnerLaw.com. If you enjoy the content please share on social media, and subscribe on whatever podcast player you use - that will continue to help me grow the podcast.
Please also remember to visit our sponsor if you need to borrow $25,000 to $100,000 and have a 680 credit score - EasyStartUpFunds.com. Please note this is NOT an affiliate link and I get nothing (other than the potential for additional sponsor funds) by you working with our sponsor. In addition, if you have feedback on our sponsor, positive or negative, please let me know.
This episode of the Crushing Debt Podcast is all about Bare Bones, or Skeleton Bankruptcy Petitions (I guess that's two spooky topics).
A normal bankruptcy petition is in the range of 50 pages, although the first 6 - 7 pages are all that's needed to file and start the case. That's what we mean by "bare bones," only the first 6 - 7 pages, followed up at a later date by the remaining supporting documents and schedules.
As a practice, Yesner Law tries to stay away from bare bones petitions because: (1) they take more time because we're filing documents multiple times instead of filing everything at the outset, (2) they're more expensive, because an additional fee is owed to the bankruptcy court to follow up and "add" creditors to the case, and (3) they are typically a sign that the client is unprepared.
A full bankruptcy petition typically consists of: (1) the Petition, (2) Schedules A - J & a Declaration as to those schedules, (3) Statement of Financial Affairs, (4) Statement of Social Security Number, (5) List of Creditors, (6) Means Test, (7) Statement of Intentions (for a Chapter 7 liquidation) or Plan (for a Chapter 13 reorganization).
Bare bones bankruptcy petitions can be more complicated when filed pro se (meaning by the debtor, unrepresented by an attorney).
Please also visit our sponsor, www.EastStartUpFunds.com. If you need between $25,000 and $100,000 and have a 680 credit score, you can complete an application to borrow for any reason.
On this week’s episode of the Crushing Debt Podcast, we highlight our sponsor, Tampa Business Funds, LLC and Steve Hechtman, through their website EasyStartUpFunds.com and TampaBusinessFunds.com.
You may recall Steve, and his eclectic ukulele from Episode 164 - Alternative Business Lending.
Do you need startup funds for a new business, CBD grow facility, equipment leasing, construction equipment financing, debt restructuring, cash advance, accounts receivable financing, commercial bridge loans, business acquisition, real estate, fix & flips, or for any reason at all? Contact our sponsor to complete an online application to get $25,000 to $100,000. The only other thing you need is a 680 credit score.
In addition to the websites above, you can contact Steve at Steve@TampaBusinessFunds.com, or you can contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
What did you always want to know about bankruptcy but were too afraid to ask?
We’ve got some great listeners of The Crushing Debt Podcast who send in questions from time to time, and if they have these questions, likely you do too.
On today’s episode, we answer about:
- Reaffirmation Agreements
- Lien stripping in Chapter 13
- Filing bankruptcy for personally guaranteed debt of an LLC
Please continue to submit these great questions. You can connect with me on social media, or directly, Shawn@YesnerLaw.com or www.YesnerLaw.com. If you enjoy the show, please share it with others.
Finally, please visit our sponsor www.EasyStartUpFunds.com. If you need $25,000 to $100,000 and have a 680 credit score, apply online.
On this week's episode of the podcast, I interview Certified Financial Planner David Wilson Flores.
David and I talk about:
- How to lower the cost of college and maximize financial aid to minimize debt.
- Creating a year end financial planning checklist to save money and minimize savings.
You can read David's successful blog and get more information at www.PlanningToWealth.com or email him directly at DWilson@PlanningToWealth.com. You can also follow him on Twitter @NYWealthAdvisor or on Instagram @planningtowealth.
We also want to thank and ask you to visit our sponsor www.EasyStartUpFunds.com if you need $25,000 to $100,000 for any reason (like starting up a business) and have at least a 680 credit score.
This week, we have our friend Chris Calandra with Elliot Wealth Management Services, LLC, as a guest talking about the seven wealth building rules:
1. Importance of Goal Setting
2. Preparation is Key
3. Developing a Wealth Building Plan
4. You Need a Team
5. Tracking Progress
6. The Power of Diversification
7. Be Careful with Debt
Many thanks to our NEW sponsor, www.anyreasonloan.com. If you have a credit score of 680, and you need $25,000 to $100,000 for any reason, fill out the laser lightning half page online app and get a response within 24 hours.
To contact me directly, email Shawn@YesnerLaw.com or www.YesnerLaw.com. If you enjoy the content, please share it and invite your friends to subscribe to the show on whatever podcast player they use to listen to podcasts!
This week’s episode of The Crushing Debt Podcast is the result of a client question - what happens to judgment liens that attach to inherited property?
First we have to talk about when liens attach to property and the different kind of liens, then we have to discuss what happens when the person passes who owes the debt. This week’s episode touches on both lien and probate issues.
If you have a judgment lien against your property, or if you inherit property that may have judgment liens from the grantor who died, please contact us to help remove the lien. Shawn@YesnerLaw.com or www.YesnerLaw.com.
Did you know that the Bankruptcy Court for the Middle District of Florida will be the first bankruptcy court in the Country to roll out a program designed to help borrowers repay student loans in a bankruptcy?
As of October 1, 2019, the US Bankruptcy Court for the Middle District of Florida will begin to offer a modification program within the bankruptcy to help borrowers negotiate and reduce the amount of their student loan payments.
Student loans are still non-dischargeable under the bankruptcy code but, like the mortgage modification mediation program, the bankruptcy court hopes that the Student Loan Management Program - SLM or SLM Program - will help student loan borrowers who might otherwise be forced into bankruptcy because they are unable to repay their student loans.
This week’s episode of The Crushing Debt Podcast explains the bankruptcy court’s order and explains how the program is going to work.
Are you struggling with your student loan payments? Do you know someone who is struggling to make their student loan payments? Please refer them to us. We now have another tool to help them manage their student loans! Shawn@YesnerLaw.com or www.YesnerLaw.com.
In last week’s episode of The Crushing Debt Podcast, we interviewed Cole Boling of The Boling Group Coaching & Consulting Services. Those who recall, Cole also has a background as a Realtor and it was his wife, Jamie, that was the listener who reached out to me.
This week’s episode of the show is my interview with both Jamie and Cole around their real estate business. Jamie is a Realtor with Keller Williams, first in Topeka, Kansas, and now with The Boling Group here in Tampa, Florida.
Jamie, Cole and I talk about:
You can contact Jamie at Team@TheBolingGroup.com or visit her website at www.TheBolingGroup.com.
If you’re a listener and want to connect with me directly, either to talk, ask questions, or be interviewed on the podcast, you can reach me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
It’s great meeting fans of the Crushing Debt Podcast, which is how I met my guests this week, and next week.
Cole Boling, owner of The Boling Group Coaching and Consulting Services, has over 2500 hours of coaching businesses large and small on setting and achieving goals. While Cole started as a Real Estate Agent, his coaching programs fit any type of business owner, including Realtors and other professionals.
You’ll hear about Cole’s three pillars - having a written business plan, a lead generation plan, and a financial plan. We also talk about:
You can reach Cole on Facebook (search for Boling Group - Coaching and Consultant Services), on the web at ColeBoling.com, or by email at Cole@ColeBoling.com.
If you have questions for me - or if you’re a fan who wants to reach out to have coffee and a good conversation - you can reach me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
In this week’s episode of The Crushing Debt Podcast, I’m joined again by our associate attorney Lauryn as we discuss a few different topics, including a few listener questions.
What questions do you have that we can answer around debt, foreclosure, landlord / tenant questions, property taxes, IRS debt, bankruptcy, or garnishment? Please contact us at www.YesnerLaw.com, me at Shawn@YesnerLaw.com or Lauryn at Lauryn@YesnerLaw.com.
This week’s Crushing Debt Podcast Episode is inspired by a few financial advisors we know, including past guests like Forrest Baumhover, and our sponsor, Chris Calandra with Elliot Wealth Management Services.
When someone files bankruptcy, their concern is “what can I keep?” That question is answered by reviewing the debtor’s exemptions - those things protected under State or Federal Law. One of the items protected is IRAs, Individual Retirement Accounts.
However, the United States Supreme Court came out with a ruling that not all IRA’s are protected. IRA’s that are inherited, while exempt from withdrawal penalties, are not protected under the bankruptcy code. Meaning, if you inherit an IRA and have to file bankruptcy, that IRA will have to be paid to the bankruptcy trustee to repay creditors (unless some other exemptions apply).
In this week’s episode, we discuss the logic behind the Supreme Court’s decision.
Do you agree? Do you think inherited IRA’s should be exempt, or subject to repay creditors? Let me know at Shawn@YesnerLaw.com or www.YesnerLaw.com.
In this week’s episode of The Crushing Debt Podcast, I again visit the Freddie Mac (Federal Home Loan Mortgage Corporation - FHLMC) Exclusionary List. For those who don’t know what it is: if a real estate professional (Realtor, Mortgage Originator, Title Company, Inspector, Appraiser, Attorney, etc.) finds themselves on the List, they cannot participate in a real estate transaction involving Freddie Mac.
One frustration with helping people come off the List is that Freddie Mac does not provide any input on what it takes to come off the List, except a paragraph or two on a policy worksheet that they send with the original letter putting someone on the List, and any denials of requests to come off the List.
Since Freddie relies on their policies, I thought I’d take a more thorough look at them in this week’s episode.
If you want more content about the Freddie Mac Exclusionary List, please listen to:
- Episode 134 - an explanation of the List I provided at a seminar called Become A Better Agent (or BABA).
- Episode 132 - Coming off the Freddie Mac Exclusionary List
- Episode 83 - An update of various approved and denied requests to come off the List
- Episode 32 - an introduction to the List.
If you are on the List, or know someone on the List, we have helped people come off the List. Please share any of these episodes, and have the person on the List contact us for a free consultation.
Shawn@YesnerLaw.com or www.YesnerLaw.com
We have a special guest host on today’s episode of the Crushing Debt Podcast, but don’t let the cuteness distract you from the content of the episode.
Today’s episode is a discussion of Florida Statute 501.1377 - Violations involving homeowners during the course of residential foreclosure proceedings.
The statute defines:
The statute then defines the requirements of helping someone in foreclosure, or who could be in foreclosure, and the penalties for violation of the statute.
Although there are some exclusions from the law, if you work with people in foreclosure, you need to be aware of the requirements of the statute. If you have questions, please contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com.