When filing for bankruptcy, you don’t want to pay too much for an attorney. You also don’t want to pay too little.
There are about a dozen bankruptcy attorneys who routinely file Chapter 7 cases in New York City. When it comes to Chapter 13, there are maybe half that number.

Debtors have the option of filing “pro se” (Latin phrase meaning for oneself), but they are warned the process includes levels of complication when tackled without a bankruptcy attorney.  Some think the process is simple since you can easily download forms required online to get your case filed.  Although if you fail to file the [...]

Short on funds? If you’re in California, don’t write a check unless you know you can cash it.
You’ve got $11 left in your checking account and the cash register at the grocery store in Los Angeles shows a balance due of $108.14.
There’s not much you can pull off the conveyor belt.

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for October 24, 2013 Will Detroit actually enter bankruptcy? Oncor should be well protected from bankruptcy, Moody’s says 11 people who now control Detroit’s bankruptcy future  

In most cases, you cannot be discriminated against because you filed for bankruptcy protection.  There are agencies and businesses that may not deny, suspend, or revoke opportunities or privileges because of a bankruptcy filing.  Yet, keep in mind there are a few establishments where rules are not as strict depending on the entity. It is [...]

Members of the military get certain protections when it comes to federal student loans.
Over the years I’ve represented a number of people in the Armed Forces. Two things that blow my mind are how little they get paid to serve our country, and how many of them are burdened with student loans.

Jeff in today's Advertiser.

My name is Jeff McLeod, and I live in Montgomery.

A popular gift shop located just blocks away from the White House has filed for bankruptcy protection.  The shop known as the “Official White House Gift Shop” claims it is unable to pay their creditors with outstanding liabilities in the hundreds of thousands of dollars.  The shop is known for selling memorabilia and commemorative items [...]

SoFi is turning the student loan market upside down with a mission to help borrowers mired under the weight of student debt.

Being in debt is a simple equation – income is not enough to cover expenses including paying off the bills.
With that in mind, lots of personal finance experts recommend that you get a second job.  Dave Ramsey, for example, extolls the virtues of delivering pizza at night to help end your bill problems.