Bankruptcy Blogs

Sympathy for the Devils, Slight Return

07/12/12
Associated Press
Jeffrey Vanderbeek watches the action during a hockey game between the New Jersey Devils and the Ottawa Senators on Feb.
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Let's Remember the Real Victims Behind the ATM Sign Rule

07/12/12

How ironic to see banks complain about being victimized by nuisance lawsuits filed by consumers over missing warning notices at ATMs - notices that were required to stop banks from victimizing consumers with nuisance charges at ATMs.

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Filing Chapter 7 Bankruptcy in North Carolina: What You Need to Know

07/12/12

So, you’re getting ready to file for bankruptcy in North Carolina. Or, at least thinking about it. Time to panic? Absolutely not. It’s time to learn the law and explore your options. We’ll start at the beginning, with the biggest misconception that North Carolinians, and consumers in general, have about filing for Chapter 7 bankruptcy: [...]

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Filing Chapter 7 Bankruptcy in North Carolina: What You Need to Know

07/12/12

So, you’re getting ready to file for bankruptcy in North Carolina. Or, at least thinking about it. Time to panic? Absolutely not. It’s time to learn the law and explore your options. We’ll start at the beginning, with the biggest misconception that North Carolinians, and consumers in general, have about filing for Chapter 7 bankruptcy: [...]

[more]

Bankruptcy Filings Are Down -- Everywhere

07/12/12

With half the year over, there is half of the year still to go. For our few readers who might actually know the quote--yes, that is a tribute to the legendary Murray Walker. Giving our place in the calendar year, it seemed like an appropriate time to look where things stood with bankruptcy filings.

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The Daily Docket: Ocala Funding Enters Bankruptcy

07/12/12

Ocala Funding LLC, the mortgage-securities unit of defunct lender Taylor, Bean & Whitaker Mortgage Corp ., filed for Chapter 11 protection Tuesday in a bid to recover more than $800 million it said Taylor Bean’s now-imprisoned leaders looted from its coffers. Read the Daily Bankruptcy Review article here.

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Homestead Exemption For Chapter 7 Clients' Motor Home

07/12/12

One of my Chapter 7 clients has an interesting living situation. The couple sold their home when the husband retired and purchased a motor home. The  motor home which can park on a rental lot and hook up to utilities. This couple volunteers for the State park service. The State of Florida asks them for help at two or three parks around the State each year. So, two or three times per year they drive their motor home from one campground to another when asked by the State.

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Joliet Bankruptcy Attorney David Siegel Answers 3 Common Questions About Filing

07/12/12

   As a Joliet bankruptcy attorney, I am asked several questions with some regularity.  For example, if I file for bankruptcy, will my spouse’s credit be affected?  The short answer is no.  Filing bankruptcy is a voluntary issue and only the person who files for bankruptcy will have their credit affected.  The only thing that [...]

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Joliet Bankruptcy Attorney David Siegel Answers 2 Common Questions

07/12/12

Joliet bankruptcy attorney David Siegel states that the primary question is whether or not the person should file for bankruptcy protection.  Really, that’s a case by case basis which is an important decision to explore with an attorney.  I think in this country we have somewhat of a disdain for bankruptcy.  We don’t like the word bankruptcy so I think that one big mistake that people make is that they don’t pursue bankruptcy as an option and any time when you get in a bad situation, you should explore all your options and make the best decision. 

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Joliet Bankruptcy Attorney David Siegel Answers 2 Common Questions

07/12/12

Joliet bankruptcy attorney David Siegel states that the primary question is whether or not the person should file for bankruptcy protection.  Really, that’s a case by case basis which is an important decision to explore with an attorney.  I think in this country we have somewhat of a disdain for bankruptcy.  We don’t like the word bankruptcy so I think that one big mistake that people make is that they don’t pursue bankruptcy as an option and any time when you get in a bad situation, you should explore all your options and make the best decision. 

[more]