There are two typical types of financial setbacks that lead to bankruptcy for most people: a huge surprise, and a slow and steady increase in debt. If you are on the surprise side of things, as many of us are from time to time, it is important to follow ... Read full article
In a high-profile example of the bankruptcy court’s discretion over your bankruptcy case, former TLC member T-Boz, whose real name is Tionne Watkins, was thrown out of bankruptcy court. Can this happen to you? T-Boz had filed a personal Chapter 13 ... Read full article
How Donald Trump Uses Bankruptcy to Become More Successful It is not uncommon for a client to ask about Donald Trump and other famous large-scale bankruptcies. How can a rich person like Donald Trump file for bankruptcy, and how does he seem to come out ... Read full article
Losing Your Driver’s License Can be a Big Headache Losing your driver’s license can have a huge impact on your life. Without a license, meeting basic needs is much more difficult. Suddenly, you may still have to make car payments, but cannot use your car ... Read full article
How Can Bankruptcy Turn the Tables for the Debtor When people consider filing for bankruptcy, their first concern is usually what negative consequences may stem from their decision. Making the decision to file for bankruptcy is an important one, and one ... Read full article
How Much Control Do Bankrupt Dodgers Have Over Baseball Decisions? Not long ago, the Los Angeles Dodgers filed for bankruptcy. This move was controversial, and concerned many baseball fans. As sports fans are well aware, good players demand high ... Read full article
What is a Lien strip? A Lien strip is possible only in a Chapter 13 bankruptcy and only if the fair market value of the property is less than the total amount of money due on the first mortgage. In that case a second and third mortgage if any can be ... Read full article
A fringe candidate for mayor of Tucson was arrested for bankruptcy fraud a few months ago. The 81 year old Marshall Home after filing on March 16, 2011, in United States Bankruptcy Court in Tucson an Involuntary Petition in Bankruptcy, seeking to place ... Read full article
Hands down, the hardest part of filing for bankruptcy protection is actually deciding to file for bankruptcy protection. Filing for bankruptcy protection has long carried with it a social stigma and, as a result, many potential debtors have the preconceved ... Read full article
