The 2006 Military Lending Act put into place a number of protective mechanisms designed to better protect our members of the military. Those changes were good, though incomplete. Now, the Department of Defense is following up and is proposing a rather large expansion of those rules. Once incorporated, they will go further to shield military […]
There is no shortage of potential problems always lurking around the corner for military families. In most marriages, one spouse typically handles the majority of the finances. Topics covered in this report include: Military Families &Financial Pitfalls Security Clearances Means Test New Start Medical Debt Timing is Everything Click here to read the whole article […]
Many may remember Holly Petraeus, shortly after being named the Consumer Financial Protection Bureau’s assistant director, spoke of the financial difficulties many members of our military face. She cited deployments, change of duty stations, and other emergencies that can result in unplanned and unique financial difficulties. As she explained, there is a woeful shortage of […]
Bankruptcy filings across the nation have reached all-time highs in the past several years due in large part of the U.S. recession. The decision to file a bankruptcy case can be challenging. However, it can be particularly complicated for military families because of the unique issues involved in their filings. If you or your spouse […]
A paycheck garnishment can wreak havoc with your family’s finances. Although the State of Texas has very pro-debtor garnishment rules that prohibit garnishment, those rules don’t apply to Army & Air Force Exchange Service, or AAFES, debt or a Military Star Card debt. These creditors use a federal law that enables them to a garnishment […]
I can't even begin to say thank you to the whole staff at Erin Shanks office. This was a difficult and embarrassing situation and from the minute I walked in, Melissa made everything feel it was going to be okay. She kept me updated every step and answered all of my questions even when I knew they... Read More
Erin B. Shank, P.C.
1711 E Central Texas Expy #107
Killeen, TX 76541
(254) 690-4110
Erin B. Shank, P.C.
1902 Austin Ave
Waco, TX 76701
(254) 296-1161
