Compass Wealth, LLC
Investment Advisor Representative
Robert H. Chapman, CPA, PFS, CMA is an Investment Advisor Representative at Cetera Investment Advisors, LLC. He specializes in total wealth strategies for business owners and individuals. Rob’s credentials as a CPA/PFS (Personal Financial Specialist) allow him to offer clients specialized financial planning, tax strategies and planning, estate planning, retirement planning, investment management and risk management.
Robert and his colleagues at Compass Wealth are committed to maintaining the highest standards of integrity and professionalism in their relationship with clients. They strive to know and understand not only their client's financial situation, but who they are as a person as well. Robert and his firm can provide clients with very focused, quality information, as well as appropriate advice to help them reach their goals. Utilizing a team approach, Compass Wealth coordinates the areas of investment management, budgeting and cash flow, risk management, tax planning, retirement planning, estate planning, and college funding. Being an independent financial adviser means the firm places their clients' interests, needs and desires above that of the office. Independence is vital to servicing their clients.
Robert holds a B.S. in Business Administration from the University of Vermont, specializing in accounting. He earned a CPA certificate in New York and the Personal Financial Specialist (PFS) designation offered by the AICPA. Rob has been a Paladin Honor Roll Advisor with the Paladin Registry for twelve consecutive years, beginning in 2004.
In addition, he has been a Top Representative with Cetera Financial Services for eleven consecutive years, beginning in 2005. In 2011, Rob was named a Money Doctor with the American Institute of Certified Public Accountants (AICPA, where he frequently responds to questions posted online from consumers regarding their financial planning issues).
BS, Business Administration, University of Vermont
Registered Representative, Securities offered through Cetera Financial Specialists LLC (doing insurance business in CA as CFGFS Insurance Agency), member FINRA/SIPC. Investment Adviser Representative, Advisory services offered through Cetera Investment Advisers LLC. Cetera entities are under separate ownership from any other named entity.
A lender may be willing to take into consideration your employment record and direct deposit history. If you have a steady job, and are receiving a regular salary, this may be enough to secure a small loan.
You could also try finding a co-signor, borrowing from a friend or family member, or applying for a credit card designed specifically for those with little to no credit. Lastly, you could look into if a peer-to-peer lending platform might underwrite you in order to secure a small loan directly from individual lenders.
Yes, if you worked 10 years or more, and qualify for social security and Medicare benefits, then your spouse will be eligible to apply on your record. Your wife may apply for the spousal benefit and will receive up to 50% of your full retirement age social security benefits plus Medicare coverage.
There are several government-sponsored loan modification programs in place to help homeowners affordably keep their homes. Based on your history of Chapter 13 bankruptcy, it is possible that you might qualify for HAMP (Home Affordable Modification Program). The application process will review your income and tax records to determine if you have a legitimate financial hardship. Your mortgage loan also needs to meet specific criteria, including length of loan and current balance.
You can find more information and/or apply at http://www.makinghomeaffordable.gov/pages/default.aspx.
When your wife files for benefits at full retirement age (FRA), she will be entitled to the maximum of either the benefit on her own record, or 50% of your FRA benefit. The fact that you are already receiving a reduced benefit does not affect the spousal amount.
Because your wife was born prior to January 2, 1954, and has not yet filed, the Social Security Administration provides another option. Your wife can file a restricted application allowing her to receive the spousal benefit, while allowing her own benefit to grow. She could then submit a new application to switch her benefit.
The highest achievable score is 850, though few are able to obtain a perfect score. Individuals with scores of 750 and above are considered to have excellent credit.