Bankruptcy Blogs

Here is an interesting bankruptcy case which demonstrates the pitfalls in titling a car in the name of anyone other than the principal driver.

A grandfather wanted to buy a car for his grandchild. He purchased a car for all cash and put the title in the name of his son. The son put none of his own money toward the purchase, and the son did not drive the car or pay for its upkeep. The son let his child, the grandchild, use the car exclusively. Then, the son filed Chapter 7.

I have rarely discussed bankruptcy attorneys fees in this blog even though I know that fees are an important consideration for readers who are considering filing bankruptcy. I do not want this blog to be interpreted as an advertisement for my own fees in relation to those charged by other attorneys. However,  I recently read two general discussions about bankruptcy attorneys fees which should be very helpful to prospective bankruptcy debtors, and therefore, warrant discussion.