Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for September 05, 2012 San Bernardino bankruptcy ruling is a blow to CalPERS Ex-Arkansas coach discharged of debt in bankruptcy deal Suits spur diocese to file for bankruptcy  

Many who have a health savings account (HSA) or a medical savings account (MSA) may wonder whether such funds can be protected in bankruptcy.  In many cases it depends on where you live and if the state offers protection for these types of funds.  This can be an interesting question for debtor as it also [...]

One of the reasons why debtors seek bankruptcy protection is to stop harassing collection attempts from creditors.  While anyone should not be subject to such abusive measures, debtors have rights you need to know in order to protect yourself, even before you decide to file for legal protection.  There are a number of debt collection [...]

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for September 03, 2013 Kodak bankruptcy likely comes to end today Former state GOP Chair Tony Sutton files for bankruptcy Bankruptcy stalls Red Arrow eviction  

Being “bankrupt” and not being able to pay your debts should be considered two different situations.  You often hear people throw around the term or expression of going “bankrupt” when they file bankruptcy protection.  Yet, it may not necessarily mean you can’t pay what you owe. When a consumer is considered insolvent they may be [...]

I was at this show and it was spectacular (as you can tell from the crowd on the recording).
Right before my set with Baghouse a couple of weekends ago, I accidentally plugged my guitar into the LOW input on my amp. What this meant was that, for the rest of the evening, I would be cursed w…

I ran across an interesting lottery story with an interesting bankruptcy twist. 

You most certainly can stop bill collectors from calling you once you hire an attorney to handle your debt situation.  Under the Fair Debt Collection Practices Act, creditors are prohibited from contacting you once they are made aware of the fact that you have representation.  If creditors violate this Act, they can be sued in+ Read MoreThe post Can I stop bill collectors from calling m

Most of our bankruptcy clients are understandably concerned with how their debts are going to be reflected on their credit reports after discharge. After you obtain a discharge of your debts, certain facts about your discharged debts may continue to appear on your credit report.

The Center for American Progress (CAP) released a report that suggests Congress should reclassify how student loan debt is discharged in bankruptcy.  The report encourages Congress to review laws for both private and federal loans and how they could be handled in bankruptcy.  Currently, student loan debt is almost impossible to discharge and it has [...]