The Real Estate Frenzy
In the early years of the new millennium many people in Florida had big dreams of buying real property, fixing it up, and selling it for a profit. And many were successful. That is, until the bottom fell out of the real estate market leaving many people who dabbled in real estate holding the proverbial bag. Some people tried to hold onto properties and rent them out to cover the mortgage expense and other other expenses including property taxes, insurance, and in the worst cases condominium fees or homeowner’s association fees.
Florida Condominiums

One of the issues that many of my bankruptcy clients have in common has to do with lack of budgeting.

One of the issues that many of my bankruptcy clients have in common has to do with lack of budgeting.

As a chapter 13 bankruptcy lawyer in Chicago, my goal is to help people reorganize their debt or to eliminate their debt so that they can improve their financial situation. This often means saving a home from foreclosure. It also may mean saving a vehicle from repossession. It also could mean stopping a wage garnishment+ Read More

The federal bankruptcy laws promise a fresh financial start for the honest but unfortunate Oregon debtor.  Any Oregon consumer considering bankruptcy should take care to avoid making any of the following mistakes.
Mistake #1: Incurring Debts Close to Filing Bankruptcy

The amount that you pay back in a chapter 13 per month is dictated by your income and your expenses. The trustee is going to scrutinize your budget to make sure that you are putting all of your disposable income towards the repayment of creditors in your chapter 13 case. This means that you are+ Read More

In today's Wall Street Journal, Jacob Gershman (lead writer of its Law Blog) wrote an article on about the various views, including by Supreme Court and Appellate Court Judges' on the use of adverbs in the law.

In today's Wall Street Journal, Jacob Gershman (lead writer of its Law Blog) wrote an article about various views, including those held by Supreme Court and Appellate Court Judges, as to the use of adverbs in the law.  He noted that their use suffers much "adversity."

Believe it or not, there are certain circumstances where you are too broke to file. You simply don’t have the means to even come up with the filing fee which is $335. Just yesterday, a potential client walked 45 minutes to see me in my office. Not only was he unemployed, but he had his+ Read More

Cannot Overrule Prior Panel In McNeal, the 11th Court of Appeals was presented with the issues whether it could its mind, that is whether it was bound by the Court's "prior panel precedent" rule to Folendore and allow the strip down of wholly underwater liens in a chapter 7 case despite the Supreme Court's decision in Dewsnup. Timm, 502 U.S. 410 (1992).