Written by: Robert DeMarco
Bankrupt Laws of England – The Middle Ages
Laws concerning the debtor and creditor relationship, however, began anew in the late Middle Ages. This societal shift, in the context of England, is explained below by the United States Supreme Court.

Everyone agrees that bankruptcy is a powerful financial tool that can help you obtain a  fresh start. Yet there continues to be myths, misconceptions, and misunderstandings about the purpose of bankruptcy and its related processes. A number of bankruptcy professionals who are familiar with such misconceptions can probably write a few books about reasons why [...]

The Consumer Financial Protection Bureau is spending millions to get your credit records – without your permission.

Written by: Robert DeMarco
In the Beginning – The Roman Era

Written by: Robert DeMarco
In the Beginning – The Roman Era

The California Assembly recently passed legislation creating significant new consumer protections against unfair debt collection practices.

A blog post here last month discussed the growing wave of lawsuits by lenders for the balance of mortgage loans left over from foreclosures (and in some cases short sales), known legally as lawsuits for the recovery of "deficiencies."

A blog post here last month discussed the growing wave of lawsuits by lenders for the balance of mortgage loans left over from foreclosures (and in some cases short sales), known legally as lawsuits for the recovery of "deficiencies."

By John Clark
Jefferson County, Alabama, which became the largest municipality to file for bankruptcy in U.S. history, has filed a plan to cut $1.2 billion in debt, according to a report from Bloomberg News.
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And if the bankruptcy plan is approved by a judge, sources expect Jefferson County to exit bankruptcy and continue on its path to financial health within a matter of weeks.

The most common form of debt in the United States is credit card debt.  There are millions in circulation by a number of creditors with Chase bank alone having more than 100 million in 2008.  While most people feel it is not a big deal to have credit card debt, some who find themselves in [...]