Kelly Rutherford filed for bankruptcy protection after dealing with financial struggles stemming from her child custody case against her ex-husband Daniel Giersch.  Rutherford claims she is unable to pay her bills, while paying close to $2 million in legal fees in connection with the custody battle involving the couple’s two young children.

This is part of our series on How To File Bankruptcy.

Filing for bankruptcy can help you eliminate or regain control of your financial obligations.  Keep in mind, it may not be the only option for you to consider, but many see it as a last resort when they have done other actions to try and resolve financial issues.  Bankruptcy experts and credit counselors even suggest [...]

Last week, I was reminded about the importance of taking care of Chapter 13 business early.  I got stuck in court for 4 hours waiting to have a 45 second conversation with the Chapter 13 trustee.My case involved a trustee motion to dismiss.  My client had filed Chapter 13 about 2 years ago and earlier this year he lost his job and thus fell behind on his trustee payments.  The trustee filed a motion to dismiss, with a hearing scheduled for mid-May.  A couple of days before the hearing my client called to say that he had landed a new job and could I buy him some time.

On June 27, 2013, Managing Attorney Chris Jones was a featured speaker at a Consumer Bankruptcy Association presentation in Royal Oak, Michigan.  He instructed both consumer and creditor bankruptcy attorneys about the changes made to the district’s model Chapter 13 plan effective January 2013.  He covered such topics as handling debtors’ income tax refunds and whether [...]The post Attorney Chris Jones Speaks

Written by: Robert DeMarco

It's just another kick in the teeth. After losing homes in foreclosure a few years ago, borrowers may be getting another big surprise soon as mortgage lenders are now gearing up to file lawsuits against homeowners for the balance of the mortgage.

It's just another kick in the teeth. After losing homes in foreclosure a few years ago, borrowers may be getting another big surprise soon as mortgage lenders are now gearing up to file lawsuits against homeowners for the balance of the mortgage.

By John Clark
Several months after filing for bankruptcy, Eastman Kodak Co., the iconic film company, says it has reached a bankruptcy settlement deal, according to a report from Reuters.

Written by: Robert DeMarco
– Lowes to Buy Over 60 Store Locations