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About Bill Bauer
Expertise
I can answer questions about debt and debt management. I can also answer questions related to collection agencies, abusive debt collection practices and how to defeat them using the federal court system.

Experience
I have been helping people with debt related problems, mortgage forclosures, credit card debt and most other types of debt and collections problems for more than 20 years.

Organizations
Jurisdictionary, J-accuse

Education/Credentials
Paralegal and practical training and education
My web sites have been on the internet for about 10 years and have been very instrumental in helping hundreds of people resolve their debt related problems which have ranged from simple solutions such as the sending of a creditwrench debt validation letter to more complex solutions such as filing lawsuits against debt collectors in federal court. Our students have been very successful indeed. One student has filed more than 40 federal lawsuits and lost only one. Another student has filed multiple suits and has never lost a single one. We have two types of courses available for our students. The first and most basic teaches how to gather evidence of wrong doing by debt collectors which can be used against them in court if need be which it usually isn't. If you would like to become a creditwrench student all you have to do is call me at 405-616-7901 and start your learning process with our series of powerful anti-collection letters. You can also visit our web site at http://www.creditwrench.com and you can visit our message board at http://consumers.creditwrench.com and you can also join in our regular Friday night conference calls and discuss your problems with our students.
 
   

You are here:  Experts > Shopping > Frugal Living > Living on a Budget, Saving Money > Where to go for help.

Living on a Budget, Saving Money - Where to go for help.


Expert: Bill Bauer - 7/30/2009

Question
Hi Bill:

I am a 49-year-old middle manager for a large corporation; father of two teen daughters.  I need to find some help.

I make a low six figure income and have always considered myself a good manager of money.  However, the last three years have witnessed an alarming degradation in our family’s financial position.  This was primarily driven by two significant health problems experienced by my wife in 2007 and 2008. Despite our best efforts, the associated costs and lost income drove me to increase our debt far beyond what I had ever intended.

Total assets = $273K (house, $190K; retirement, $75K; liquid, $8K).
Total liabilities = $200K (1st mortgage, $110K; 2nd mortgage, $50K; debt, $40K).
Net worth = $73K.
Annual gross salary = $112K.

There is absolutely no extravagance in our budget, and I work constantly to keep expenses down.  However, I am being strangled by constant cash flow shortfalls.

I feel like I need outside help desperately.  I have tried to fix this problem myself, and it just keeps getting worse.  I am a disciplined person and I just feel like I need to have a pro access the details and provide me with a program.  I know that I can stick to that program.  I would gladly pay for such help.

However, I am completely clueless on where to go.  Financial Planners only seem interested in clients who are awash in cash for purchase of product.

Any advice would be appreciated.


Answer
I'm not a financial planner but I can teach you get rid of some of that debt. It won't be easy and yu might not particularly care for my methods but they are extremely effective. I'll have to speak to you personally before I can actually tell whether I can help you or not and whether we can work together or not. Call me and we will see what goes from there. (405) 237-2174 or (405)227-9423


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