After Bankruptcy Credit Reports–Why You and Your Lawyer Need to Follow Up

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.

Medical Debt Continues To Be Driving Force Behind Bankruptcy Filings

Medical DebtA 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. [...]

Actress Kelly Rutherford Files for Bankruptcy in Midst of Divorce

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.”

Today In Bankruptcy – 06-27-2013

zenoclash2_review_main_1920.0_cinema_960.0Bringing 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  

Why It Is Important To Understand Differences Between Bankruptcy Chapters?

?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 [...]

Giant Creditor, Midland Funding LLC, Loses at Trial

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.  

Why Most Of Us Don’t Have Two Nickels To Rub Together

personal savings rateWe don’t have any savings because we’re paying for yesterday using tomorrow’s money. Let’s get off the roller-coaster.

Debt Settlement

Written by: Robert DeMarco
Yes, you can settle your credit card debts without paying someone to help you.  There is no legalistic formula.  No special skill set is required.  The only thing you need is a telephone and the desire to end your debt nightmares.
Prepare

Will My 401 (k) Be Protected in Bankruptcy?

FE_DA_Roth401K_RetirementIncomeSourcesSlideshowMany who file for bankruptcy qualify for protection of their 401(k), while being able to discharge or eliminate debt.  This is common concern debtors have for a number of reasons. Some who are thinking about filing may receive funds from their 401(k) as their only form of income, especially if they are retired.

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