I am an independent consultant in my real life. I consult in a few different areas that I’m not going to fully get into here. If you’d like to learn more about me than I might have given in the About page above, you can go to my bio page on my business site.

Independent Consultant

There are basically two types of consulting businesses. The first is the large consulting firm that employs not only a bunch of consultants, but people who do other things as well. The second is the independent consultant, an individual who decides he or she doesn’t want to be a part of the corporate structure, wants to work on their own in some capacity, and is fairly flexible in the types of things that they will work on.
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A common question asked about collection agencies is how long they have to collect on a debt. The simple answer is they can try to collect as long as they want to. After that answer, the truth get a lot more complicated.

collecting debt

The Fair Credit Reporting Act, which was enacted in 1970 and last revised in 2004, has rules for how long a bad debt can stay on a credit report. The statute of limitations for that is seven years. Afterwards, a collection agency could decide to still try to collect from the debtor, but they have no power behind them to make a debtor pay them anything. Almost no collection agencies will contact debtors after this time limit, because it’s a waste of their time.
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In the early years of this blog I wrote about Bernard Madoff and his Ponzi scheme a few times, since it was the major financial news at the time. Now that Madoff has been sent to jail for at least 150 years, and many other financiers have been arrested for doing smaller versions of the same thing, it might be a good time to talk about Ponzi schemes in the first place, what they are and why they’re illegal. And we’ll do that with a very brief history of the first guy to do it, Charles Ponzi.

Charles Ponzi, who was originally from Italy, was a two-bit criminal who wasn’t very successful. He kept trying to find odd little jobs at multiple companies but would eventually get greedy and steal from whatever company he was working for. At one time he spent a year in a Canadian jail for trying to pass a forged check.
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In the world of personal finance, you’re usually trying to do one of two things. The first is finding ways to make your money go further when it comes to buying things and paying bills. The second is making sure you have enough money to either fix or replace things you need. Sometimes the belief […]

At the present time I’m trying to sell my mother’s house, since she’s moved in with us. Even in a seller’s market, we seem to be having some difficulties getting a lot of attention for it. There are some things my wife and I have done that, in retrospect, might not have been the best […]

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