Failure To Disclose Previous Bankruptcy Jeopardizes Discharge

Gubernatorial candidate Nathan Deal is reeling after a U.S. bankruptcy judge ordered the reopening of a 2009 bankruptcy filing by Deal’s daughter Carrie Deal Wilder and his son-in-law Clint Wilder. A U.S. bankruptcy trustee sought to reopen the Wilders’ case after it was revealed that Clint Wilder was not eligible for a discharge of his... Read more »

How To Build Credit After Bankruptcy

One of the things most people want to know when considering bankruptcy is how soon after filing bankruptcy can they obtain credit. The answer to this will vary from case to case but there is a relatively simple formula to follow. After your case is filed, you can apply immediately for a secured credit card.+ Read More

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"Post hoc ergo propter hoc" - Latin for "after this, therefore because of this."  This episode from West Wing assumes that at least one of the 27 lawyers in the room would know what it means.  Even Sheldon in Bing Bang understands this logical fallacy and so does Spock
Logical Fallacy 

Logical Fallacy and the Law: "Post Hoc Ergo Propter Hoc"

"Post hoc ergo propter hoc" - Latin for the fallacy of reasoning of "after this, therefore because of this."  President Bartlet in this episode from 

Logical Fallacy and the Law: "Post Hoc Ergo Propter Hoc"

"Post hoc ergo propter hoc" - Latin for the fallacy of reasoning of "after this, therefore because of this."  President Bartlet in this episode from 

Logical Fallacy and the Law: "Post Hoc Ergo Propter Hoc"

"Post hoc ergo propter hoc" - Latin for the fallacy of reasoning of "after this, therefore because of this."  President Bartlet in this episode from West Wing challenged the 27 lawyers in the room that at lease one of them should know the m

Interesting Development in Some Chapter 13 Bankruptcy Cases

When the bankruptcy laws were changed on October 17, 2005, there was an effort to curb abusive filings. To do so, a means test was authored utilizing IRS standards for acceptable expenses. In addition to the means test, there were requirements such as having completed a credit counseling session before a case can be filed+ Read More

Can I Dismiss My Bankruptcy & Refile?

Dismissing and Re-filing a Chapter 13 There are certain circumstances where you may want to dismiss your chapter 13 case and refile. You do have the ability to do this. There are certain circumstances where you may have to wait six months to refile. This would be the case where you want to dismiss the+ Read More

Can We Save Our Home With Bankruptcy?

  This is the bankruptcy case study for Todd, from Steger, Illinois, and his wife Emily. The couple is considering chapter 7 or chapter 13 bankruptcy, but is not sure which chapter is best for them. Let’s explore the details. The couple owns a home in Steger, Illinois with a market value of approximately $110,000.+ Read More

Student Loan Defaults Plague The Wealthy, Too

young medical doctor in hospital
When you think about the student loan crisis, your mind conjures up images of twenty-somethings working at Starbucks. What you don’t see, however, are the hundreds of thousands of hard-working professionals who pull in comfortable salaries yet live in fear of their student loans.

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