021 MPSOS – Real Life Case Study with Kelly Brantley

Listen to the Episode Below

Listen to the Episode Below

Kelly Brantley from Financial Freedom Counseling Service

Our guest coach in this Real Life Case Study is a Dave Ramsey Certified Counselor (that guy in the picture with her) who has been helping individuals, couples, churches, and businesses with their personal finance challenges for over 3 years. You can find more about her at www.DebtFreeWithKelly.com

Today we talk about a couple who have $57,000 in credit card debt and $23,000 in student loan debt. They bring home $4,500 a month but are behind with 8 of the 13 cards and are beginning to worry about being sued. They are now working a MoneyPlan but they keep getting calls from creditors and knocked off-balance by letters in the mail threatening to “take legal action”.

Resources mentioned in this episode:

For a discount on a State-specific will: http://www.uslegalforms.com/dave/

To learn more about rules on debt collection regulations: http://www.FTC.gov

or http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre18.shtm


 

Also, I was recently on Matt and Janelle Wegner’s podcast “Living In Financial Excellence” (can be found at http://financialexcellence.net/065-financial-excellence-4-steps-to-living-without-credit-cards/)

Share the Wealth!
About Steve Stewart

Hello. My name is Steve Stewart and I HATE YOUR DEBT MORE THAN YOU. I believe everyone should be rich so they can help others in times of need. Life is too short to be this broke! Let's work together on designing a plan for your house of financial freedom. Don't be afraid to reach out to me - I'm here to help answer your call for help (S.O.S.) with a MoneyPlan.

Comments

  1. I’m commenting as I listen.

    I’m excited for the increased activity! It’ll be cool to see more blog posts, video casts, and a continued weekly podcast in July. More MoneyPlan! lol.

    Wow, this couple seems like they’re going through some tough times. It’s good to hear you are helping them. There is a lot to do and it’s going to take awhile, but it sounds like they are going to make it out of this alive!

    I still struggle with life insurance and a will. I need to just Do it! They are both so cheap and now that I’m married it’s a responsibility issue.

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