How to Get Help When You’re in Financial Trouble

How to Get Help When You’re in Financial Trouble

iQuanti: Despite the best intentions to properly manage our finances, our efforts sometimes get derailed by unplanned bills and mounting debt. Fortunately, there are options when it comes to addressing money problems, like taking out a personal loan or borrowing from loved ones. In this post, we’ll give you five strategies you can consider using to help you get out of financial trouble and back on the right track. 

1. Take out a personal loan 

If your money issues are due to an unexpected expense like a large medical bill or home repair, consider taking out a personal loan. 

Personal loans are commonly used for a variety of purposes, including the financing of major purchases, or paying off high-interest debt. In most cases, this will be a better option than putting the expense on a credit card because a personal loan can often have a lower interest rate for a qualified applicant. 

A personal loan can often be a secured loan. This means that something of value like your home or vehicle must be pledged as collateral to secure the financing. Keep in mind that defaulting on a secured loan could lead to forfeiture of the asset. 

2. Leverage the equity of your home 

If you’ve owned your home for several years, you might be able to use the equity you’ve built to help you get the funding you need with a home equity loan.  

Equity refers to the value of the home that you, as the homeowner, would be entitled to if it were sold. For instance, someone who owes $100,000 on a home valued at $250,000 would have equity of $150,000. 

A loan using the equity of a home can take one of two forms. The homeowner can either get a home equity loan and borrow a lump sum amount or use a home equity line of credit, typically known as a HELOC. A HELOC grants the homeowner access to a revolving line of credit until the principal must be repaid, which can be for a period ranging from five to 10 years, and the borrower only needs to pay the interest charges during each periodic billing cycle. 

Keep in mind that as with a secured personal loan, defaulting on a home equity loan could lead to forfeiture of the asset. 

3. Borrow from family or friends 

You may want to consider asking family or friends for financial assistance if you cannot get a loan from a bank or other lender.  

If you take this route, it’s in everyone’s best interest to be sure the terms of the loan are put in writing. Even though these are people who care about you, and you care about them, no one will want to get into any disagreements about the loan and then have it negatively affect the relationship. 

4. Prepare for the next time 

If you’re experiencing financial trouble right now, there’s no reason not to be proactive to prevent more damage. Preemptive damage control can be accomplished through a variety of simple steps: 

  • Make a budget and stick to it 
  • Switch to cash instead of using credit cards 
  • Focus on paying off your debts using an acceleration strategy like the debt snowball method, i.e., pay off smallest debt(s) first. 

The Bottom Line 

There are many resources you can turn to for help if you encounter financial troubles. Personal loans, a home equity-based loan, or assistance from loved ones may be able to help you to meet your debt obligations. If the problem is more serious, you should consider reaching out for professional guidance. 

Contact Information:

Keyonda Goosby

Public Relations Specialist

(201) 633-2125

Original Source:

How to Get Help When You’re in Financial Trouble

New fiction, “Manhattan Manhunt” from George O’Donnell and Kelly Emmanuel draws on real-life 1993 arrest of international jewel thieves tied to funding the Bosnian War

New fiction, “Manhattan Manhunt” from George O’Donnell and Kelly Emmanuel draws on real-life 1993 arrest of international jewel thieves tied to funding the Bosnian WarNearly 30 years after a crucial arrest that tied a string of burglaries to the Bosnian War, retired Port Authority of New York and New Jersey K9 Police Officer George O’Donnell and his daughter, Kelly Emanuel, have written a fictional crime novel that describes the intensive police manhunt for the thieves alongside the inner workings of the crime organization. “Manhattan Manhunt” is the first full-length novel for both authors.

“Manhattan Manhunt” is a fictional crime novel inspired by retired Port Authority K-9 Police Officer George O’Donnell’s work while stationed at the Port Authority Bus Terminal in the Hell’s Kitchen area of New York City. In 1993, O’Donnell and his partner, a King Shepherd named Billion, captured 3 international jewel thieves in midtown Manhattan. NYPD detectives told George O’Donnell this arrest was instrumental for the NYPD, FBI, and Interpol to catch the masterminds behind highly sophisticated paramilitary-style burglaries in New York City and throughout the United States. The suspects were later tied to the YACS, an organized crime ring that helped fund the Bosnian War and sought to replace the Italian mafia after their “Pizza Connection” case convictions. 

While names, identifying characteristics, and other plot details have been changed, “Manhattan Manhunt” is a fantastic tale of police work in action. The novel weaves together two storylines: the first follows Detective Walsh and members of the NYPD task force investigating a series of jewelry store break-ins while the second follows a crime family working under “the Bard”. In this back-and-forth narrative, the reader gets to see the twists and turns of the police investigation and the methods used by the Albanian mafia to commit these robberies. “Manhattan Manhunt” draws readers into the minds of the central players all involved. This novel will keep readers hooked to the end with its fascinating tales of determination and bravery and deception and betrayal.

Fans of crime fiction can purchase “Manhattan Manhunt” at bookstores everywhere, or online at the Apple iBooks Store, Amazon, or Barnes & Noble. Additional information is also available at

For more information or media inquiries, contact Newman Springs Publishing at 732-243-8512.

About Newman Springs Publishing

Newman Springs Publishing is a full-service publishing house for serious authors. All titles are made available in both e-book and print formats. Newman Springs Publishing distributes to tens of thousands of retail outlets throughout North America and internationally.

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Media Relations

Original Source:

New fiction, “Manhattan Manhunt” from George O’Donnell and Kelly Emmanuel draws on real-life 1993 arrest of international jewel thieves tied to funding the Bosnian War