Whether you plan to file bankruptcy in the near future or it is something you are considering, one aspect to help you understand your financial situation includes reviewing outstanding debts owed. Many consumers have a good idea of which creditors they owe, but sometimes things can become questionable when a debt collector contacts you out [...]

Many Salem, Wisconsin residents have been victims of the deflating economy. You are not alone. If you are buried under a pile of debt due to medical bills, job loss, job demotion, or pay cuts, a Salem, Wisconsin Chapter 7 Bankruptcy filing may be right for you. Chapter 7 Bankruptcy allows you to gain a fresh start and stop collection actions immediately upon filing. A Chapter 7 Bankruptcy attorney can help you get your life back. But How?
What exactly will a Salem, Wisconsin Chapter 7 Bankruptcy attorney do for you?
 

A California man who pleaded guilty earlier this year to fraudulently concealing assets in his bankruptcy case was sentenced to six months in federal prison.  Mark Hagen, resident of La Jolla, admitted he lied to the bankruptcy court about his assets when he filed for protection in 2008.  He failed to be honest about thousands [...]

Federal investors found that National City Bank systematically charged black and Hispanic borrowers more in interest and fees on mortgages from 2002 through 2008.  This resulted in statistically significant discriminatory pricing disparities based on race and national origin, and cause

“The Consumer Financial Protection Bureau “CFPB” has ordered Ocwen Financial Corporation (NYSE:OCN) to provide $2 billion in principal forgiveness relief to homeowners throughout the next three years as part of a larger settlement agreement.

This is the case of Melika Murray who comes to me from North Chicago which is Lake County, Illinois for a bankruptcy consultation.  Ms.

Many debtors feel bankruptcy is their final option in helping them regain financial control.  While there are filing fees and credit counseling fees that are required, many wonder how they can pay if they can’t afford to pay their creditors. You may even have the notion of saying why bother paying for an attorney when [...]

U.S. Sen. Elizabeth Warren, a Massachusetts Democrat, introduced legislation on Tuesday that would prohibit employers from requiring job applicants to disclose their credit history.

Diane L. Drain, attorney and counselor