insurance Tag

07 Jul Massachusetts Protections of Cash Value Life Insurance

The Massachusetts laws protecting cash value life insurance might as well be written in Middle English. Theysimply cannot be understood byanyone except the most persistent of us.Luckily, some recent court decisions help us find our way. Back in2007, I expressed appreciation to U.S. Bankruptcy Judge Henry...

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29 Dec Debt Does Not Die When You Do, Part Two

Surprise, you're dead. Distinct from 'zombie debt' which should be dead, but refuses to die, your debt does not automatically die when you do. Your family or heirs could be forced to pay the bills that you didn't (or couldn't) pay before you moved on to another plane of existence. You might want to read Part One of this series.

So the widow said to me, "Don't you just write a letter to the credit card companies and make them stop sending bills?" It's not always that easy. If you have a debt that is only in your name and you die without any assets, then maybe those debts would die too. But that is a loaded statement. Let's break it down.

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31 Oct Types of Investigative Credit Reports – The Insurance Report

In a previous article, I discussed the little known, but potentially damaging, Investigative Credit Report. One of the most common of the investigative credit reports is for insurance purposes. Insurance companies frequently use the services of organizations known as inspection bureaus to determine whether they will...

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