Christine Kingston

  • Getting From Point A to Point B With Money

    Taking a trip is exciting. You have a staring place [“Point A”] and a destination [“Point B”]. Along the way, is the “journey.” Getting from Point A to Point B is simple when it’s a road trip because we look at a map, or nowadays, we’ll just plug in our destination into our GPS system, and the road to our destination appears before us.

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 25 readers -
  • Debt Jubilee Brings End To Debt Threats

    In today’s Los Angeles Times, Tom Petruno’s (@tpetruno) article entitled, Debt Threat Looms, again, he warns us of inevitable business cycles and where the economy is headed. You see, in order for the economy to move full steam ahead, we need to continue to spend money. The problem with that concept is that we’re so buried in debt, we can’t spend any more.

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 26 readers -
  • Let’s Make A Deal; Debt Collectors!

    Today we’re going to play a game that I love. Negotiations with debt collectors! Also known as debt settlement. In the recent Los Angeles Times article, Making a Deal with Debt Collectors, by Liz Weston, she provides such a shallow and generic approach that I am immediately propelled into blog writing mode.

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 32 readers -
  • 2016 New Year’s Resolutions Infographic

    Treat your New Year’s resolutions like goals and then take regular action steps each day to help you reach your goals this year. It’s important to write your goals down and then take some action toward those goals. For instance, if you’re desire is to get out of debt, then you must write down how much debt you have and to whom that debt is owed.

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 22 readers -
  • Pros & Cons: Married Filing Separately

    If you are married and considering Chapter 7 or Chapter 13 bankruptcy, you have additional issues to think about. To start, you’ll have to decide which option works best for you: filing a joint bankruptcy or an individual bankruptcy petition. For most couples, joint bankruptcy will protect more of your property and discharge more debts. But not always.

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 37 readers -
  • Options For 2nd Mortgages After Bankruptcy

    Here’s a question posted recently over at AVVO.com.: “We had a Chapter 7 bankruptcy discharged two(2) years ago. We have a second mortgage that we haven’t paid on in 2.5 years that has a $95,000 balance. We have not had any communication with the lender. Would like to know what our options are and the repercussions that are in the future.

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 44 readers -
  • Retirement Planning Through Bankruptcy

    My husband is at it again; writing blog articles for me that is. Here are his thoughts on retirement planning and bankrutpcy: It surprises me that many people are not as concerned as retirement as I am. I guess my “normal” is just not quite aligned with other people’s “normal”. I recently heard of a friend of a friend, who took out a fairly large sum of money out of their 40 ...

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 38 readers -
  • Just Got Sued? Do This First . . .

    If you’ve just gotten served court papers, indicating that a debt collector has sued you, you must act quickly to develop the best strategy in defending this law suit. You only have 3o days to respond to this lawsuit, so time is of the essence. Making the right decision as to your options must be explored immediately. FIRST You’ll need to decide whether to fight the law suit or not.

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 10 readers -
  • A Bankruptcy Expedites Financial Success

    I’m so tired of hearing that “bankruptcy is failure.” It’s simply not true, and yes, I am biased. However, I have seen bankruptcy success stories, like Dave Ramsey, Walt Disney, J.C. Penny, darn near every football player ever, and more are listed in this article. If bankruptcy works for successful business folks, then why are you still sitting there believing that you should d ...

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 34 readers -
  • A Simple Formula For Kick-Ass Car Buying

    The next time you’re looking for a new or newer car, remember to consider the landed costs, which include the taxes, annual registration, maintenance costs, insurance, gas consumption costs, and the like. For more information on landed costs, check out this recent article. But wait, there’s more. I’m now even more fired up about car buying from a recent article entitled, “No, ...

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 33 readers -
  • Transportation Costs For That Car: Landed Costs

    It’s amusing when a friend tells me how much money they’re saving in gas with their brand new hybrid vehicle that they just proudly purchased. I’m sure it’s a much more fuel efficient car, but the question I have, is this: Was total cost important to them? If I bought a used $3k vehicle which got 30 MPG, instead of a $28k hybrid that got 50 MPG, at what point would the hybrid b ...

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 35 readers -
  • 50 Cent in One Hand and Half a Dollar . . .

    . . . in the other. I’m a bankruptcy lawyer. There, I said it. My product is a service that helps my clients save assets and eliminate debt. The problem with my business model is that it sparks a never ending conversation about morals and character because the stigma is that folks who file for bankruptcy lived a lavish lifestyle and simply spent more than they made.

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 35 readers -
  • The Real Threat to Retirement in America

    It seems pretty harmless at first. The first several years, even decades go by as you begin to build a retirement savings. You feel proud that you are on your way to retirement. What an accomplishment that would be; to have enough money to retire one day. Then, life happens and the kids need to go off to college; parents are aging and need support; an accident happened to your husband.

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 30 readers -