A Bankruptcy Lawyer in Washington State sent me this post. I thought he did a nice job with it, so I am sharing it. His basic point is a simple one. If you are not careful, debt collectors will quickly and completely destroy your credit. This article discusses the importance of protecting your credit and […]
How To Stop Debt Collectors From Ruining Your Credit Read More »
One of the interesting changes which has occurred in recent years in the practice of law is the widespread use of social media. There is probably no area of the law which is completely untouched by the advent of social media and the tendency of people on social media to broadcast many, and in some
Facebook, Other Social Media And The Law Read More »
I was happy to receive today’s “Tax Professionals” email from the IRS. Not only does it deal with an interesting and timely tax issue, but it addresses an issue I had to deal with on a bankruptcy petition only yesterday. The bankruptcy “means test” allows the Debtor to deduct child care expenses. My client just
Tax Credit For Sending Your Kids To Summer Camp Read More »
I had a client come in the other day who filed Chapter 7 two years ago. He stopped paying his mortgage when he filed. The bank still sends monthly statements which now indicate that he is roughly $30,000.00 in arrears. His house is still worth much less than what he owes on it. For whatever
Bankruptcy Is Powerful And Final Read More »
A Questioner On A Legal Website (Lawqa.Com) Asked: Question: Will my immigration joint sponsor be affected if I file for bankruptcy? Question Detail: I am a green card holder since February 2011 through marriage. My wife couldn’t demonstrate to immigration the ability to support me on the 125% due to her financial status. Therefore I
What Are The Immigration Consequences Of Filing Bankruptcy? (Short Answer – None). Read More »
One issue that comes up fairly often is how do you refinance a mortgage after bankruptcy when you have not reaffirmed the mortgage? This is a particularly big issue for my clients, because the local bankruptcy Judges will not allow a reaffirmation as it is of no benefit to the Debtor, only to the bank.
Refinance After Chapter 7 – A Shared Blog Read More »
When I was a young lawyer, I worked for a firm that had four (4) lawyers and eight (8) offices. Needless to say, seven (7) of those offices were simply rooms with a desk in them, or “Satellite” offices. In those days, the firm charged about $850.00 for a Chapter 7 bankruptcy, including all fees
Bankruptcy Fees And The Internet – If It Seems Too Good To Be True, It Usually Is Read More »
I am often asked if bankruptcy will impact other people who are important in the Debtor’s life. One of the most common questions is: “How will this affect my husband/wife/boyfriend/girlfriend/partner or fiancé”? That question can be expanded to be about people with whom you live or are associated or who are related to you. I
Bankruptcy’s Effect On Spouses, Fiancés And Cosigners Read More »
Answer A Question That Will Be Displayed On Massachusetts Bankruptcy Websites On The Lawqa Network. Law Area: Bankruptcy State: Massachusetts ID:144713 Question: I’m laid off and under chapter 13 how to proceed? Question Detail: I just got laid off and am under a chapter 13 and cannot get my lawyer to see me or take
Question on LAWQA About Unhelpful Ch. 13 Bankruptcy Lawyer Read More »