Medical Bills and Chapter 7 Bankruptcy (Pt. 1) Chapter 7 Bankruptcy | Medical bills add up fast. A simple operation can cost a family thousands, and even push them into bankruptcy. In fact, medical bills are one of the most common reasons people seek relief in bankruptcy. Luckily, medical debt can be wiped out in bankruptcy. Medical [...]
Bankruptcy Attorney | Bankruptcy Terminology Defined Bankruptcy Attorney | If you’re facing bankruptcy, it’s already a confusing time. Even more confusing is the terminology that goes hand in hand with understanding bankruptcy law. Below we outline some of the more common terms that you will come across and need to understand. Understanding Bankruptcy Terminology Assets are [...]
Bankruptcy Lawyer | Are Foreclosures on the Rise Bankruptcy Lawyer | We've seen these numbers before and can perhaps continue to draw the same conclusions regarding them. To wit: Data relevant to housing markets in Florida and nationally can be construed as either positive or negative, respectively, depending on one's personal predilections in judging. Consider, [...]
Chapter 13 Bankruptcy | Survey Finds a Mass Under-Reporting of Debt Chapter 13 Bankruptcy | Survey findings from recent research reveal that, while many Americans report debt information concerning their mortgages, home equity loans and bankruptcies with a "striking level of accuracy," the same can't be said regarding their input on their credit card debt. [...]
Bankruptcy Attorney | A Terrible Debt-Related Story Bankruptcy Attorney | With stories like the following, it’s small wonder that the United States Federal Trade Commission reportedly receives more complaints about debt collectors than any other industry. Here’s what happened to one woman. A collection agency filed a lawsuit against her, alleging nonpayment on a $10,000 [...]
Bankruptcy Lawyer | Handling Debt Collectors Bankruptcy Lawyer | When queried by a media enterprise about behavioral practices in the debt collection industry, an official with one collection company responded by saying that the overriding goal in her field is “to help the consumer.” Really? Millions of consumers across the country would likely challenge that [...]
Bankruptcy Attorney | A Harsh Look at Debt Settlement Companies Bankruptcy Attorney | The attorney general of one state calls it "the latest scam on the largest group of people who are struggling with the most debt." What she is referring to is student-loan indebtedness, which has reportedly strapped consumers across the country with well [...]
Bankruptcy Lawyer | The Holidays and Overwhelming Debt Bankruptcy Lawyer | The holiday season is so close you can almost see it. Actually, you probably can already see it in certain stores as the festive decorations that accompany this time of year are already up and promoting a number of sales and items for purchase. [...]
Chapter 7 Bankruptcy | What is Automatic Stay? Chapter 7 Bankruptcy | “[T]he automatic stay may provide a powerful reason to file for bankruptcy.” So says a national legal research organization in discussing this debt-relief tool. The above endorsement is both succinct and unequivocal. Indeed, the automatic stay can be a potent weapon in the [...]
Bankruptcy Attorney | Shedding Light on Bankruptcy Bankruptcy Attorney | A financial commentator for a national news outlet notes in a recent article the one-time depiction of bankruptcy as "a shameful last resort." Robert Massi also notes in that same article that any stigma that once attached to a personal bankruptcy filing has largely -- [...]