Becoming Financially Confident

← Becoming Financially Confidentavant-hier · 1 h 01 min

Debt Collectors Are Suing More and Winning: Why You Should Never Ignore a Summons

Debt Collectors Are Suing More and Winning: Why You Should Never Ignore a Summonsavant-hier1 h 01 min

In today’s episode, Ralph Estep Jr. and Juliet focus on why debt collectors are suing more people and winning, and what to do the moment a summons arrives.

In This Episode

✓ Debt collectors are suing more, and 3 in 4 cases end in a default judgment

✓ A $600 deposit from a former employer: whose money is it?

✓ Every $100 in minimum payments cuts thousands off what a lender will approve

✓ Side hustle pitfalls: separate accounts, a tax jar, real pricing, boundaries, and paperwork

✓ Roth vs. traditional IRA: pay tax now or pay it later

✓ Money move: check your beneficiaries

If you’ve ever ignored an official-looking envelope, this episode gives you plenty to think about.

Resources

Watch live:

https://www.becomingfinanciallyconfident.com/live