The Consolidated Omnibus Budget Reconciliation Act (COBRA) from 1986 provides continuation of group health coverage that would otherwise be terminated, such as when a person’s employment is involuntary terminated. While the idea of continuing group health coverage is great, the financial ability for the person laid-off often prohibits maintaining the coverage. Generally, an …
Nice guys don’t necessarily finish last. Consider Rallie Rallis, a home business advisor. He’s been working with men and women for years, helping them succeed in business. And in this economic and job market, he’s busier than ever. When asked what people do in this market, he replied, “I recommend that people find an alternate …
Orange County, CA – January 14, 2010 Every day that a person does not find employment, results in much more than financial loss. Mental, emotional and physical stress, serious marriage, family and relational strains, foreclosure, divorce and even suicide are byproducts of under and unemployment. Pam Christian knows first hand that under and unemployment brings …
Many, if not most, credit counseling services are designed to reduce the consumer’s debt by settling with creditors. This results in increased costs for goods and services for everyone as the creditors seek to offset their losses. It’s plain wrong for the majority who repay their debt to be penalized by higher costs generated by …
We know what it is to be under and unemployed and how saving money is critical. When my husband was unemployed, we naturally cut back on any and all extras. Only then did we realize the amount of excess spending we’d been doing. That’s when I vowed I would be financially frugal no matter how …
My husband, a six-figure income earner, lost his job in the early 90’s when the economy was bad. It was because of some illegal actions conducted by the financial partner on the project. We’ve suffered bouts of under and unemployment ever since. We’re both unemployed now (Fall of 2009) and have been since July. We …
California’s estimated under and unemployment rate of 19.6 percent is most certainly higher in inner-city areas. Pastor Vince Holmes from Zion Temple Community Church is working to help the people who represent these statistics in south Los Angeles by partnering with me to conduct a seminar open to the public, on November 28th. While most …
While it’s true that cities in California, Florida, Nevada and Arizona dominate the worst areas fore foreclosure accounting for 37 of the 50 markets identified with the highest foreclosure rates, the surprise now is the dramatic increase of foreclosures in non-metropolitan cities. Among the 50 metro markets with above-average foreclosure rates, the top 10 fast-growing foreclosure …