Many people may not realize that planning ahead for bankruptcy may help you save money, aside from protecting your assets.  Planning ahead includes taking a number of important steps to ensure you complete the process faithfully to the best of your knowledge.  Taking time to get advice from informed professionals can help you obtain a [...]

Never got one of these on a report card so I am extremely pleased to report that our law firm has obtained an ‘A+’ rating from the Better Business Bureau for our Bankruptcy and Fair Debt Collection Practices Act work.

Credit card debt settlement can leave you owing taxes on the forgiven balance.
If you’re in debt and have only one or two credit cards that you need to clear up, you may want to look into settling your debt.

As a Virginia bankruptcy lawyer, people ask me almost every day, do I need to file bankruptcy after foreclosure? When I try to answer that question, we look at the credit reports.  Usually, the first mortgage shows “foreclosed” with a zero balance.  Does that mean you are safe?  Does that mean you don’t owe the [...]The post Do I need to file bankruptcy after foreclosure–update! appeared first on Robert Weed.

In a recent decision, the United States Supreme Court provided guidance relating to the term “defalcation” of the Bankruptcy Code under Section 523(a)(4).1 In a unanimous decision, the Supreme Court held that the term “defalcation” of the Bankruptcy Code includes a “culpable state of mind requirement involving knowledge of, or gross recklessness in respect to, the improper nature of the fiduciary behavior.” Read More ›

As victims across both Oregon and Washington can tell you, there are many forms of short term predatory lending. The defining characteristic is that in each instance a lender takes unfair advantage of a consumer’s financial situation by charging ridiculous interest rates and other unconscionable fees and charges.

Debtors often wonder what will happen to their car when they file bankruptcy.  In most cases, you get to keep your vehicle during and after your case is closed.  Even if you are behind on payments when you file you may be able to retain possession of your vehicle through exemptions offered.  The outcome of [...]

When an individual files for Chapter 7 Bankruptcy one of the most important aspects of the case are the exemptions used to protect the individual’s property.  This is because a Chapter 7 Bankruptcy is actually a liquidation of assets.   The court appoints a Trustee to review your case and determine if you own any assets that are unprotected by

 Written by: Robert DeMarco
Do Not Be Afraid to Be Creative – Nothing Ventured, Nothing Gained

By John Clark
A contentious relationship between musician Sly Stone and his former manager, Jerry Goldstein, has grown even more heated thanks to a recent bankruptcy filing, according to a report from the Wall Street Journal.
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