Bankrupting Retirement
The golden years should be spent enjoying time with family and friends. Unfortunately, many senior citizens have to live in poverty while trying to balance their debt; then a certified letter arrives...
View ArticleGiving up Property in a Bankruptcy and Ethical Dilemmas for Lawyers
Believe it or not, the vast majority of bankruptcy lawyers, I would say 95% or higher, take their ethical obligations very seriously. We value the oath that we took when we received our license and...
View ArticleHow to Screw Up Your Bankruptcy Discharge
Grounds For Objecting to the Bankruptcy Discharge In the vast majority of cases, the bankruptcy discharge is the primary reason debtors enter the Bankruptcy Court. After all people file bankruptcy to...
View ArticleAre the Penalties for Violating the Automatic Stay Too Lenient?
The automatic stay protects consumers who file for bankruptcy One of the greatest advantages available to the debtor who is willing to consider bankruptcy as an option is the automatic stay. The...
View ArticleBankruptcy When You Are Judgment-Proof
A person is judgment proof when under the laws of their state, a judgment creditor (lawsuit plaintiff) has no practical ability to force payment of the judgment. In North Carolina, which does not have...
View ArticleHow to Pay Off Credit Card Debt and Avoid Bankruptcy
Follow These Steps to Pay Off Your Credit Card Debt Perhaps like many Americans your New Year’s resolution involves paying down credit card debt. After all, even the most ardent supporter of the...
View ArticleAm I Protected by the Arizona Anti-Deficiency Statute?
Am I Protected by Arizona’s Anti-Deficiency Law After Foreclosure? When most families purchase a home, they don’t envision ending up facing a foreclosure sale, but in states like Arizona where the...
View ArticleWhat Will Happen to My Retirement in Bankruptcy?
Retirement Accounts and Bankruptcy One of the biggest myths about bankruptcy is the idea that you will lose your retirement savings if you file. Generally speaking, this is not true. Section 522 of the...
View ArticleWage Garnishment Must Stop After a Bankruptcy Case is Filed; You Might Even...
Bankruptcy Stops Wage Garnishment The minute a bankruptcy cases filed,an injunction called the automatic stay is issued, which prohibits creditors from trying to collect on debts that were included in...
View ArticleWhy does your attorney need a copy of your filed Mortgage or Deed of Trust ?
A recent case in Illinois shows us the importance of providing to your attorney a filed copy of your mortgage or deed of trust that is a lien on your real estate, land or home. Occasionally, clients...
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