BankruptcyQuestionsNationalBankruptcyForum

The Importance of Trust There is no substitute for building trust with clients. It establishes open lines of communication, increases cooperation and ultimately drives the profitability of a law practice. Clients who trust their lawyer are eager to meet their lawyer’s needs, making the working relationship enjoyable for the lawyer and supporting staff. Yet, increasingly, [...]

Due to the decline in home values over the last few years, many people now find themselves with mortgage balances on their homes that exceed the value of their home. Many homeowners are underwater on their homes because of a second mortgage. Bankruptcy can provide relief to those people by stripping second mortgages provided certain [...]

Can Chapter 7 bankruptcy help? When most people think of filing for bankruptcy, they think of chapter 7 bankruptcy. Chapter 7 bankruptcy, often referred to as “straight bankruptcy,” is a much faster process than its slower cousin chapter 13 bankruptcy. Depending on income, chapter 13 bankruptcy lasts between 3 to 5 years, whereas a typical [...]

For too many Americans, the word “foreclosure”  or ” surviving forclosure” symbolizes a feeling of powerlessness that has defined the nation’s economic climate for the past several years. If you are looking at your financial situation and fear that a foreclosure may be on the horizon, it’s time to arm yourself with knowledge now. Negotiate [...]

With the recent decision of the United States Department of Justice  (which includes the Office of the United States Trustee) to NOT enforce the Defense of Marriage Act, aka DOMA, questions have been raised around the country whether same sex couples that have been married in a state that recognizes same sex marriage could then file a joint petition in bankruptcy [...]