Bankruptcy Blogs

Bellwood Bankruptcy Lawyer States The Importance Of Monthly Expense Totals

08/01/11

We need to know what potential clients are spending per month.  Some people have high rent, some people have high auto payment, other people have to spend a lot on medication, other people have high transportation costs if they’re driving a long way to work and back.  We need to know what they’re spending, and [...]

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River Grove Bankruptcy Attorney Asks Important Question First

08/01/11

The first thing that you need to ask of a potential client seeking bankruptcy advice is what do they own?  Are they homeowners?  If so, is there equity in the home?  Do they own a vehicle?  Is there equity in the vehicle?  Do they have a bank account?  Do they have a checking account?  Do [...]

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Forest Park Bankruptcy Attorney Says Be Aware Of Competition

08/01/11

As a bankruptcy attorney, you have to be aware of your competition.  A lot of people claim to do bankruptcy law.  There are a lot of attorneys out there that do a case here and there that have advertisements out there, doing bankruptcy law.  There are other attorneys that did other areas of the law [...]

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Consumer Wins Big FDCPA Verdict!

08/01/11

    InsideARM, a accounts receiveable management blog reported today that during the past week, a consumer was awardeda $1.26 Million verdict in a Fair Debt Collection Practices Act (FDCPA) lawsuit  in New Mexico.  The consumer, a “Lucinda Yazzie”, had brought the lawsuit after the debt collector had attempted twice to garnish wages for a [...]

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First Niagara Outbid Keycorp and M&T for HSBC Branches: FT

07/31/11

The paper quotes First Niagara CEO John Koelmel as saying it will eventually have to do a capital raise to support the larger balance sheet. Antitrust issues may also arise, FT says.

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Bankruptcy Mortgage Project Launches,Treasure Trove for Practitioners

07/31/11

The National Consumer Law Center has launched the Bankruptcy Mortgage Project, a treasure trove of legal resources about home mortgage issues in consumer bankruptcy cases. The NCLC website collects local rules, forms, general orders and opinions about consumer mortgage issues from the 352 bankruptcy judges in 89 judicial districts in the United States.  It serves [...]

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Pennsylvania woman tries to kill herself and son over foreclosure

07/31/11

Regretfully a Pennsylvania woman tried to kill herself and her son due to the foreclosure of their home.   It is said that people are brought to such despair.  Many people if they can afford their regular monthly mortgage payment could cure their mortgage loan in Chapter 13 over 5 years.  While it is a [...]

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