Submitted by Anonymous (not verified) on Fri, 07/15/2022 - 21:40
We knock out Dyck-O’Neal, Save Lonnie’s Clearance and his Family Home Place Lonnie was about to lose his federal job. His clearance review showed he owed Dyck-O’Neal $127,153 from a foreclosure deficiency. He needed to take care of that. Or he’ll lose his clearance and his job. Obviously he didn’t have $127,153. And when we […]
Submitted by Anonymous (not verified) on Sat, 06/25/2022 - 22:36
Linda Pays Mariner $6113 through Beyond Finance. Then She Gets Garnished Linda Cash (not her real name) wanted to clear her debts without filing bankruptcy. As an alternative to bankruptcy, she signed up for Beyond Finance. Linda needed Beyond Finance to help her with Mariner. (She originally borrowed $5383, got behind, and now owed Mariner […]
Submitted by Anonymous (not verified) on Mon, 06/20/2022 - 23:52
Alternatives to bankruptcy–disappear One alternative to bankruptcy is to just disappear. Why am I bringing this up, now? This week somebody asked Quora (a website I follow) how to legally disappear. The answer, sign up for a Caribbean cruise. Get off at the Virgin Islands. Don’t get back on. For most people, bankruptcy works. But when […]
Submitted by Anonymous (not verified) on Fri, 06/17/2022 - 16:34
Get Ready for a Recession Michelle Singletary in Wednesday’s Washington Post writes about getting ready for a recession. Two pieces of her advice: clear your credit card debt; and start saving. Suppose the recession hits hard ten months from now–April 2023. Will your credit cards be paid off? If there’s a lot of slack in […]
Submitted by Anonymous (not verified) on Sat, 06/11/2022 - 16:30
Are Changes on the Way for Bankruptcy and Student Loans? There’s one big change Joe Biden can make (without Congress) so people who can’t afford to pay their student loans can clear them in bankruptcy. During his presidential campaign, Joe Biden promised to help people who can’t pay their student loans. So far, he’s helped […]
Submitted by Anonymous (not verified) on Sat, 05/14/2022 - 19:59
Bankruptcy and Depression: No, I’m Not a Doctor This post is about bankruptcy and depression. No, I’m not a doctor. (Actually my law school degree says I’m a JD– a juris doctor). But I see depressed people a lot. And because I see it a lot, I’ve read up on it. The VA says that […]
Submitted by Anonymous (not verified) on Wed, 05/04/2022 - 22:55
For some people on Social Security, Doing Nothing About Debt Problems Works Fine I tell a couple people a month there’s no reason to file bankruptcy. Most often older people who have no income except for social security. For them, there’s often no reason to file bankruptcy. Here’s why. People File Bankruptcy for Three Reasons […]
Submitted by Anonymous (not verified) on Sun, 05/01/2022 - 22:01
In Bankruptcy, Can I Protect the Equity in My House? Bankruptcy is set up by the Federal government, but each state sets its own rules on how much equity you can protect if you file Chapter 7 bankruptcy. That protection is called your homestead exemption. In April 2022, Colorado raised their homestead exemption from $75,000 […]
Submitted by Anonymous (not verified) on Sat, 04/30/2022 - 22:48
April 2022 saw courts dish out two big penalties for Bankruptcy Fraud. In April 2022, over in the UK, former tennis great Boris Becker was sentenced to two-and-a-half years in prison for bankruptcy fraud: hiding $3 million in assets during his case. Becker had landed bankruptcy in the UK back in 2017, because of a […]
Submitted by Anonymous (not verified) on Mon, 01/31/2022 - 01:18
After Paying for Ten Years, Nina Got Public Service Student Loan Debt Forgiveness There’s very little bankruptcy law can do to help people with student loans. But as a bankruptcy lawyer, I can at least give people good advice. Since 2017, I started steering people who seemed eligible to Public Service Student Loan Debt […]