Bankruptcy Blogs

Desperate Housewife’s Club Denies Desperate Situation

07/18/11
Stephen Boitano/Everett Collection

“Desperate Housewives” star Eva Longoria’s Beso isn’t in the desperate situation that a pair of disgruntled creditors argue it’s facing, sa

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How Much Money Can I Save by Filing Bankruptcy Without a Lawyer?

07/18/11

When a business or consumer needs to file for bankruptcy, they’re often wondering: how much does bankruptcy cost? This shouldn’t come as a big surprise. After all, those facing financial hardship are counting every penny and relatively high attorney’s fees to get out of debt can seem like a tough pill to swallow. It can [...]

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Additional Issues In Probable Casey Anthony Bankruptcy: Where To File?

07/18/11

I have received several emails commenting on my post about the legal issues in the hypothetical, but probable, Casey Anthony bankruptcy. My earlier post said that the well-known facts provide a good discussion opportunity about many technical bankruptcy law issues. The news reports that Ms Anthony may be compelled to testify under oath this coming October in the “Zanny” civil suit makes bankruptcy almost inevitable.

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Can I get rid of Criminal Fines and Traffic Tickets in Bankruptcy?

07/18/11

Millions of tickets are dolled out every year, not to mention government penalties and fines.  Government tickets and fines are one of the most common forms of debt.  Can these be discharged through a bankruptcy filing?  In Chapter 7 bankruptcy, section 523(a)(7) of the Bankruptcy Code specifically states that fines and penalties owed to or [...]

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Happy Fifth Birthday

07/18/11

200px-US_5.svg On July 18, 2006, a few academics studying bankruptcy and debt decided to take a whirl on putting up a blog making today the fifth anniversary of Credit Slips' launch.

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Balanced Budget Lunacy

07/18/11

The House will be voting tomorrow on a proposed balanced budget amendment to the Constitution that would include a Proposition 13-like supermajority requirement for any tax increases.  It's unlikely to go anywhere, but it's worth discussing, if only because this budget lunacy is becoming half-way respectable.

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The Daily Docket: Borders Nears Liquidation

07/18/11

Borders Group Inc. inched closer to liquidation Sunday after a bidding deadline passed without offers that would keep the U.S.’s second-largest bookstore chain in business, The Wall Street Journal reports.

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Filing Bankruptcy With A Schaumburg Lawyer

07/18/11

 There are so many lawyers who can file a bankruptcy for you in Schaumburg.  How in the world can you make a good selection?  The answer is simple.  You must do your homework.  Check out the various websites; call the office and talk with an attorney; make an appointment and see the operation face to [...]

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Bankruptcy Tweets for July 2011 - Part II

07/18/11

Below are more twitter posts since my last post of July 4 with 47 BK cases and commentary and 15 other items of general interest.  RSS Feeds are also available.  All my twitter posts are

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But I Thought I Surrendered My House in Bankruptcy!

07/17/11

I already gave up the house, why am I being billed by my HOA? As bankruptcy attorneys, we are all hearing this complaint from clients with increasing frequency these days. As counter intuitive as it may seem, we are today often asking mortgage lenders to hurry up and follow through with a foreclosure in a [...]

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