Congress took no action so the interest rate on federal Stafford loans rose as of 12:01am July 1, 2013. We’re still here to tell the tale.
It was like a summer blockbuster movie, complete with heroes and villains, the halls of power, and tension right up to the last second.
The media jumped all over it, trying to wipe the public into a frenzy.

Many consumers and small business owners who consider bankruptcy protection are confused about the process due to many misconceptions or false information.  While bankruptcy laws were updated in 2005, there still seems to be a considerable amount of misunderstandings about who can file and whether it damages your reputation.  One of the most effective ways [...]

Every now and then I am asked whether debt from an SBA Loan can be discharged in a Chapter 7 bankruptcy.  The short answer is "yes".

Your After Bankruptcy Credit Report  Your after bankruptcy credit report is a big part of your “fresh start” in bankruptcy. That’s why it’s my job, as your bankruptcy lawyer, to make sure your after bankruptcy credit report is right. Only a handful of bankruptcy lawyers see it that way, and I’m one of them.

A new study confirms what many American households continue to struggle with; debt from medical bills.  When it comes to filing for bankruptcy such bills continue to be one of the main reasons why people seek legal protection.  Besides rising medical costs, other reasons bankruptcy is commonly filed include unpaid mortgages and credit card debt. [...]

By John Clark
Actress Kelly Rutherford, who is embroiled in a very public custody battle with her former husband, Daniel Giersch, is filing for personal bankruptcy, according to a report from CBS News.
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Sources say the costs of the prolonged divorce battle, as well as the subsequent fight over child custody, has simply drained the finances of the former star of “Gossip Girl.”

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for June 27, 2013 Atlus at risk after parent company announces bankruptcy If Detroit opted for bankruptcy, experts say wouldn’t encourage others Pfizer’s Quigley Can End Nine-Year Bankruptcy, Judge Says  

Understanding differences between bankruptcy chapters can make a big difference in helping you obtain a favorable outcome for your situation.  Most bankruptcies filed by individuals and small businesses include Chapter 7 and Chapter 13.  When it comes to understanding which chapter you should file, your debt, income, assets, and financial goals will have a significant [...]

Modern day rebels have defeated the Imperial Storm Troopers, a.k.a. Midland Funding LLC!

A debtor sued by Midland Funding, LLC won at trial and is has now sued Midland Funding LLC for unfair practices and malicious prosecution.