If you want to retire in peace without the worry of long term bills weighing on
you there are few better ways than by getting rid of old mortgage debt with the help of mortgage litigation attorney and not taking out a new one. There are exceptions, of course, as always. If your assets are such that you
are making more by investing than you would lose through debt then you might decide to
disregard this advice. However, there is no substitute for peace of mind and no money
can necessarily buy it. Each individual must make his or her own decisions. Remember
also that under the new Tax Cuts and Jobs Act passed by Congress you usually cannot
deduct on your tax return interest from Home Equity Loans or Lines of Credit.
If you want to start out debt free, here are some ideas.
If you want to start out debt free, here are some ideas.
There are many ways to deal with debt before and during retirement both within and
outside the family. This is where planning ahead can help.
Esquire, Colliton Law Associates, P.C. Janet Colliton has practiced law for over 38 years, 37 of them in Chester County, Pennsylvania, a suburb of Philadelphia. Her practice, Colliton Law Associates, PC, is limited to elder law, Medicaid, including advice, applications and appeals, and other benefits planning including Veterans benefits, life care and special needs planning, guardianships, retirement, and estate planning and administration.