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About Louis Schwarz, QFP, CFP®, RFC®. ChFEBC
Expertise
Over 36 years experience - discretionary investment management, advisory service, stocks, bonds, mutual funds, annuities, IRA, Roth, 403(b), 401k, tax planning, tax preparation, retirement planning, tax reduction, life insurances. I hold five professional designations: QFP, CFP, RFC, ChFEBC, and Paladin Registered Advisor with a professional rating of five stars.

Experience
First deaf Certified Financial Planner licensee (http://www.cfpboard.org/), General Securities Registered Representative (Series 7), Registered Financial Consultant (http://www.iarfc.org/), Registered Investment Advisor, Qualified Financial Planner (http://www.iaqfp.org/), Admitted to Paladin Registry of Personal Financial Advisors (http://www.paladinregistry.com/); Chartered Federal Employee Benefits Consultant (http://www.chfebc.com/); Licensed Life, Health, & Disability Agent

Organizations
Financial Planning Association, International Association of Registered Financial Consultants, National Association of Deaf, Alexander G. Bell Association of the Deaf, National Deaf Business Institute

Publications
Deafnewspaper.com, Deaf Digest, Deaf Nation, Newswaves, Silent News

Education/Credentials
Gallaudet University, College for Financial Planning

Awards and Honors
Who's Who in Finance and Industry, Who's Who in the World, NAD Flying Fingers Award, MDAD Distinguished Award, MCAD Business of Year, Montgomery (MD) County Business Award, 2007 Outstanding Business Person of the Year, Gallaudet University Department of Business

 
   

You are here:  Experts > People/Relationships > Retirement Planning > Personal Investment & Financial Planning Q`s > financial consulting for deaf

Topic: Personal Investment & Financial Planning Q`s



Expert: Louis Schwarz, QFP, CFP®, RFC®. ChFEBC
Date: 7/18/2008
Subject: financial consulting for deaf

Question
Dear Mr. Schwarz,

My son-in-law's brother is deaf, married (wife is partially deaf) and have 2 children.

They are in debt with credit cards and seem to have no understanding of finances or credit cards and even have been the victim of a scam promising money.

My son-in-law, his mother and her parents have all helped financially and have tried to restrict their use of credit cards, but the couple seems to be ignorant on these matters.

Is there any group or organization that will work with the deaf regarding finances. My son-in-law has spent quite a bit of time working with them, but they find ways to get a new credit card and plead ignorant to opening a new card. The couple are about forty to sixty thousand in debt.

thanks for any assistance you can provide
bob

Answer
HI, Mr. Mueller

There may be no such organization that can communicate to deaf people regarding debt issues.

If they do have VP (Videophone), they can call me at 301 718 0604 via VP and I will see what is the real problem. Then I can see what can be done.

The last, but  best solution is to file for a bankruptcy and to start a clean slate from now on.  However, I have to find out the real problem first.

Thanks,
LJS  

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