Blog

Rats! I need a new car and I’m stuck in Chapter 13

09/05/23

Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to replace a broken down junker. So, you need financing for a […]

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Bankruptcy Trustee Hearings Will Soon Be on Zoom

04/30/23

Bankruptcy Court Trustee Hearings Will Soon Be On Zoom Bankruptcy Trustee hearings are now telephonic. That started for the pandemic, effective April 9, 2020. They are moving to Zoom, soon. Associate Attorney General Vanita Gupta made that announcement Friday at the annual convention of the National Association of Consumer Bankruptcy Attorneys.  Colorado, Wyoming, and Utah […]

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Paying Your Mortgage with Money Order is a Bad Idea

04/19/23

Paying Your Mortgage with Money Orders is a Bad Idea Handing somebody a money order to buy a car or something–that’s sometimes safer than cash.  But mailing a money order to pay your mortgage–that’s almost always a bad idea. Let me tell you about Norman.  Norman filed Chapter 13 bankruptcy with different lawyer.  He later […]

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Ten Years Out of School and Still Struggling with Student Loans?

03/08/23

Are You Ten Years Out of School and Still Struggling with Student Loans? Recent student loan policy changes by the Biden Administration can help people still struggling with student loans. These are new rules making it possible to discharge your student loans in bankruptcy.  In bankruptcy, you can clear your federal student loans if you […]

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New! For Millions, Bankruptcy Help with Student Loans!

11/20/22

Bankruptcy Can Now Help Millions with Student Loans! Are you nine months or more behind on your student loans?  You are not alone. Typically, ten million Americans are at least nine months behind. And another million fall into that default category each year.  In early November 2022, the Biden Administration cast you a lifeline. For […]

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We knock out Dyck-O’Neal, Save Lonnie’s Clearance and his Family Home Place

07/15/22

We knock out Dyck-O’Neal, Save Lonnie’s Clearance and his Family Home Place Lonnie was about to lose his federal job. His clearance review showed he owed Dyck-O’Neal $127,153 from a foreclosure deficiency. He needed to take care of that. Or he’ll lose his clearance and his job. Obviously he didn’t have $127,153.  And when we […]

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Alternatives to Bankruptcy–Disappear

06/20/22

Alternatives to bankruptcy–disappear One alternative to bankruptcy is to just disappear.  Why am I bringing this up, now? This week somebody asked Quora (a website I follow) how to legally disappear.  The answer, sign up for a Caribbean cruise. Get off at the Virgin Islands. Don’t get back on. For most people, bankruptcy works. But when […]

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One Way to Get Ready for Recession: Bankruptcy

06/17/22

Get Ready for a Recession Michelle Singletary in Wednesday’s Washington Post writes about getting ready for a recession.  Two pieces of her advice: clear your credit card debt; and start saving. Suppose the recession hits hard ten months from now–April 2023.  Will your credit cards be paid off?  If there’s a lot of slack in […]

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Are Changes on the Way for Bankruptcy and Student Loans?

06/11/22

Are Changes on the Way for Bankruptcy and Student Loans? There’s one big change Joe Biden can make (without Congress) so people who can’t afford to pay their student loans can clear them in bankruptcy. During his presidential campaign, Joe Biden promised to help people who can’t pay their student loans.  So far, he’s helped […]

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Supreme Court Says Being Listed as a Terrorist is ‘No harm.’

06/27/21

Supreme Court Says Being Listed as a Terrorist is ‘No harm.’ Last Friday, in a case called TransUnion v Ramirez, the Supreme Court said the Fair Credit Reporting Act cannot give you the right to sue TransUnion for putting your name on their OFAC terrorist warning list. Led by Justice Brent Kavanaugh, a 5 to […]

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