Articles from DIAMOND LAW on Bankruptcy and Related Topics

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Life After Filing Chapter 13 Bankruptcy

Submitted by Anonymous (not verified) on Fri, 05/11/2012 - 16:15

Chapter 13 Bankruptcy gives you an opportunity to pay arrearages for your home, car, furniture or other secured debts and it allows you to have a repayment plan for your unsecured creditors.  If you are currently in a Chapter 13, it is important for you to know that your attorney's realize 'life happens' which can upset your financial obligations. People can lose their jobs, get divorced, have major car trouble, damage to their home, illness and so on.  In order for your Chapter 13 case to be successful it is necessary for you to keep in touch with your attorney when the going gets tough.

Can Change Begin in Bankruptcy Court?

Submitted by Anonymous (not verified) on Wed, 05/09/2012 - 20:27

I'll be 60 years old this year - a true flower child at heart.  Love, Peace, Equal Rights.  And as my generation grew up we lived those values and life slowly changed.  Something's happened - there's been a shift and in my opinion an ugly shift.  It's like all the small-minded Americans banded together with the goal of homogenizing America.   When did the right to personal freedom end and when did religion (your religion) have the right to rule this country -me?  When did it become OK for personal relationships to be judged as good or bad - appropriate or inappropriate?

Save Your Home By Filing Chapter 13 - Is That Your Best Option??

Submitted by Anonymous (not verified) on Mon, 05/07/2012 - 15:20

mortgage, foreclosure, fear of foreclosure, save my home from foreclosure, chapter 13Many people find themselves in a tough position when they’ve fallen behind on their mortgage payments and are unable to make them up. They try to negotiate with the mortgage company, enter into a loan modification, or some even try to borrow the money from friends or relatives.

LOAN MODIFICATION'S DEADLY TRAP - FORECLOSURE

Submitted by Anonymous (not verified) on Wed, 05/02/2012 - 22:16

Many of our clients  had received phone calls from their ‘lender’ (before they were clients) who at the time  sympathized with the fact they were behind on their mortgage payments. These folks are  often told there is a solution for their problem. The lender then proceeds to give the client a long drawn out procedure to follow. At this point, the client has stopped making mortgage payments all together because they were instructed to stop making payments by the lender while going through the loan modification process.

My Mistake After Filing Bankruptcy

Submitted by Anonymous (not verified) on Mon, 04/30/2012 - 21:55

A mistake that some people make after filing bankruptcy is being too cautious.  Sounds strange, but it’s true.  It feels really good to have a fresh start.  So how can you possibly be too cautious with your credit after the mess your bankruptcy just cleaned up?? 
 I am guilty of it.  Since filing a Chapter 7 I wouldn’t buy anything unless I had cash.  I was driving a reliable vehicle so I didn’t use credit for anything at all.  I was downright afraid of credit cards.   Big mistake. 

The Chapter 11 Bankruptcy Case of One Question Too Many

Submitted by Anonymous (not verified) on Fri, 04/27/2012 - 21:36

There comes a time in every case when the bankruptcy lawyer needs to shut up and sit down, especially if the lawyer is not absolutely certain what the response of the witness will be.  The following is funny as well as a perfect example of how a case can be lost because of one last question that a lawyer in Bankruptcy Court felt compelled to ask.bankruptcy attorney, bankruptcy lawyer, El Paso bankruptcy lawyer, El Paso bankruptcy attorney

Bankruptcy Means Test - Which Chapter is for You?

Submitted by Anonymous (not verified) on Wed, 04/25/2012 - 05:53

What are the qualifications for an individual/couple to file for Bankruptcy?  The answer to this question is simple  -- there are no qualifications for filing Bankruptcy.  Everyone has the right to file a petition for relief under the Bankruptcy Code.  All one has to do is file a Petition for Relief with the Bankruptcy Court.  What type of bankruptcy an individual/couple can file does have certain qualifications.  describe the image

Filing Bankruptcy Pro Se: Is it Really Worth It?

Submitted by Anonymous (not verified) on Thu, 04/19/2012 - 05:17

Pro se legal representation: Means advocating on one's own behalf before a Court.
pro se, legal fees, bankruptcy, bankruptcy lawyer, bankruptcy attorney

Beware of Filing Bankruptcy Without Your Spouse

Submitted by Anonymous (not verified) on Thu, 04/12/2012 - 22:24

couple filing bankruptcy, bankruptcy, file bankruptcy, filing bankruptcySeveral times a week I get a client who is married but not interested in filing for Bankruptcy along with their spouse. There are many reasons for this.

Bankruptcy - Chapter 7 "A Fresh Start for an Honest Debtor"

Submitted by Anonymous (not verified) on Tue, 04/10/2012 - 04:02

Bankruptcy is an essential component of a capitalistic society. The alternative to a Bankruptcy Code is a Debtor’s Prison.  In 1833 our Country abolished federal imprisonment for unpaid debts. Further, without a Bankruptcy Code coupled with other federal laws our society would be dominated by a few holding all the wealth of our country, i.e. the winners of a giant monopoly game.bankruptcy, chapter 7, help,

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