Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for July 11, 2013 Debt collectors and credit reporting companies bracing for  intense scrutiny after the government’s watchdog group unveiled broad plans to regulate financial firms  Corporate Insiders Shift From ‘Buy’ to ‘Sell’ as Bankruptcy Nears Court Rejects Bid to Put [...]

When considering bankruptcy as an option to get you the financial relief you are seeking, taking the time to consult with a bankruptcy expert can make a big difference in how you proceed in choosing the best solution.  This is the perfect opportunity to gain clarity about the process and whether it is the best [...]

Written by: Robert DeMarco
United States Bankruptcy Laws – The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

Written by: Robert DeMarco
United States Bankruptcy Laws – The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

Say the wrong thing to a debt collector and you’ll make things worse.
I’m in a unique situation when it comes to knowing about how debt collectors operate. By virtue of what I do for a living, I hear at least a dozen stories of debt collection procedures each week, seen through the eyes of people who need my help.

Here is what to expect when you first meet a chapter 7 bankruptcy attorney:     

Most debtors seeking to have debt eliminated or discharged may have the action granted by the bankruptcy court.  Although a discharge can be denied and in many cases it is due to the debtor doing something they should have avoided.  It is important to note that when a discharge is denied, it may not necessarily [...]

By John Clark
After more than two years of legal wrangling, pop star Toni Braxton has reportedly reached a deal to wrap up her bankruptcy filing, according to the San Francisco Chronicle.
Braxton originally filed for bankruptcy in 2010, claiming that she owed tens of millions of dollars to creditors, but it appears her long debt relief journey may be coming to an end.
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Written by: Robert DeMarco
United States Bankruptcy Laws – The Chandler Act and the Bankruptcy Reform Act of 1978