Amy Tanner

  • A Record Number of Americans Owe for their Automobile

    How many people do you know who can pay cash for a new car? I bet the answer is not many! The Federal Reserve Bank of New York recently released data showing that a record 107 million Americans owe on a car loan. As recently reported by CNN, that boils down to about 43% of the adult population. Just five years ago, in 2012, only 80 million Americans had auto loans.

    Amy Tanner/ Bond and Botes- 19 readers -
  • More Problems for Wells Fargo with Proper Credit Reporting

    It seems like Wells Fargo just can’t stay out of the news. A class action lawsuit was recently filed in the Eastern District of California, specifically Sacramento, California, alleging that Wells Fargo deliberately failed to update consumer credit reports following a Bankruptcy discharge. This, in essence, defeats the entire purpose of the fresh start of bankruptcy.

    Amy Tanner/ Bond and Botes- 3 readers -
  • Another Phone Scam – What Will People Think of Next!

    We all have gotten the calls…..your phone rings and normally you wouldn’t answer an unknown number. But this call caught you off guard or maybe it was a number very similar to one you are familiar with. You answer with “Hello” or some other greeting and then an automated voice identifies a business or agency.

    Amy Tanner/ Bond and Botes- 12 readers -
  • Are You Prepared for a “Rainy Day?”

    CNN Money recently reported that 6 out of 10 Americans don’t have $500 in savings, according to a new report from Bankrate. So what does one do if hit with an unexpected expense like a car repair, medical emergency or even the more costly car and home maintenance expenses? Well, 41% of adults reported having enough in their savings to pay for an expense of $500 or more.

    Amy Tanner/ Bond and Botes- 16 readers -
  • Throw Those Bags of Failure and Regret Overboard

    Okay. So here we are. Another new year and many of us hear all the noise in our minds about what it’s going to take to make this year the most successful year ever! BUT…….sometimes we can’t get past the louder noise in our minds…..all of the failures and regret from last year and years before. We all have a tendency to rehearse over and over again where we missed it or came up short.

    Amy Tanner/ Bond and Botes- 22 readers -
  • Macy’s, an American Icon, Announces Nationwide Closures and Cutbacks

    It is not going to be a very happy new year for many Macy’s employees as the iconic brand announced last week that it will be closing 68 stores and cutting 10,000 or more jobs. In a recent press release, Macy’s stated that the closure of the 68 stores, out of their total of 730 stores, would allow them to reorganize their field structure that supports the remaining stores, rein ...

    Amy Tanner/ Bond and Botes- 18 readers -
  • Can a Student Loan Lender Garnish Social Security Benefits?

    Social Security benefits are exempt from just about all creditor collection efforts but, unfortunately not the U.S. Department of Education. In fact, current law provides that student loan borrowers who are 50 years old or older and have defaulted on their student loan debt are required to repay the student loan debt with a portion of their social security benefits.

    Amy Tanner/ Bond and Botes- 26 readers -
  • Happy Veterans Day!

    The election is over! Whether or not your candidate prevailed, I think one thing most of us will agree on, no matter who currently fills our top position of power, is that America is a great country because we have our many freedoms! Our military has fought for those freedoms and today we Honor our Veterans! Who is a Veteran? Who exactly do we Honor today? All members of our military past, pres.

    Amy Tanner/ Bond and Botes- 23 readers -
  • Can A Chapter 13 Help with My Student Loans?

    Many folks who come into our office are carrying mountains of long term student loan debt. The good news is a lot of people are in the new income based repayment plans that are being offered. I previously wrote about some of these plan here. There are also some circumstances where student loans can be discharged in bankruptcy, although the requirements to prove hardship are ve ...

    Amy Tanner/ Bond and Botes- 30 readers -
  • Should You File Bankruptcy on Your Medical Debt?

    Should You File Bankruptcy on Your Medical Debt? Posted on Aug 19, 2016 By Amy Tanner August 19, 2016 by Amy Tanner For many Americans, the answer to this question should be yes! Medical debt is currently one of the leading reasons that people file for bankruptcy. I see that in my day to day practice and, if I am ever asked to pinpoint the main reason people file for bankru ...

    Amy Tanner/ Bond and Botes- 23 readers -
  • Should You File Bankruptcy on my Medical Debt?

    Should You File Bankruptcy on my Medical Debt? Posted on Aug 19, 2016 By Amy Tanner August 19, 2016 by Amy Tanner aFor many Americans, the answer to this question should be yes! Medical debt is currently one of the leading reasons that people file for bankruptcy. I see that in my day to day practice and, if I am ever asked to pinpoint the main reason people file for bankru ...

    Amy Tanner/ Bond and Botes- 30 readers -
  • Has your Debt Load Increased in 2016?

    Has your Debt Load Increased in 2016? Posted on Jul 29, 2016 By Amy Tanner July 29, 2016 by Amy Tanner A recent quarterly report issued by the Federal Reserve of New York found that household debt increased during the first quarter of 2016. This increase was a mere 1.1%. That doesn’t sound like much, but it is an increase of $136 billion in household debt from the end of 2 ...

    Amy Tanner/ Bond and Botes- 22 readers -
  • Title Loans Are Not As Easy (Or As Good!) As They Sound

    We’ve all seen and heard the upbeat commercials where people are smiling and happy and talk about how much a title loan helped them, but it’s like the old saying, “if it sounds too good to be true, it probably isn’t true!” When you find yourself in a financial bind, however, the bright and flashy signs advertising instant cash is very tempting.

    Amy Tanner/ Bond and Botes- 22 readers -
  • Cancer and Bankruptcy

    Cancer and Bankruptcy Posted on Jun 17, 2016 By Amy Tanner June 17, 2016 by Amy Tanner Cancer and Bankruptcy? Unfortunately, these two issues, one medical and one legal, many times go hand in hand. A recent report by Reuters Health citing a study conducted by Dr. Matthew Banegas at the Kaiser Permanente Center for Health Research in Portland, Oregon, found that one third of ...

    Amy Tanner/ Bond and Botes- 25 readers -
  • Student Loan Payment Options

    Student Loan Payment Options Posted on May 27, 2016 By Amy Tanner May 27, 2016 by Amy Tanner Student load debt is becoming an increasingly big problem for consumers across the country. With the high price of tuition, it is quite common, almost necessary, for the majority of students seeking higher education to incur some student loans.

    Amy Tanner/ Bond and Botes- 27 readers -