A client of mine sent me the attached solicitation today. She wanted to know if this was legitimate. It is probably a legitimate solicitation if that is a thing. It is not associated with the bankruptcy court. There are companies that sell lists of contacts to marketers. Among the lists that they sell are people […]
Beware of Post-Bankruptcy Loan Offers: What You Need to Know Before You Borrow Read More »
I had the pleasure the other day of reading an article on a website called nerdwallet.com called “When Bankruptcy is the Best Option”. It raised a number of issues that I would like to take the opportunity to expound upon. It also cited two of my favorite Federal Reserve articles, one published by the Federal
When Bankruptcy is the Best Option Read More »
I thank the National Association of Consumer Bankruptcy Attorneys for sharing this article on bankruptcy and financial aid. People often ask me about the impact of bankruptcy on financial aid and I refer them to their school’s financial aid officer. However, it is generally the case that need based financial aid is unaffected by a
Bankruptcy And Student Financial Aid Read More »
I originally wrote this blog last December, but something happened today that made me want to add this story and re-post it. A client hired me to do a chapter 7 today. She first came to see me a year or two ago, but was so appalled by the concept of bankruptcy that she decided
The Importance Of Sharing Your Bankruptcy Experience Read More »
One issue which seems to cause a fair amount of confusion, and which also causes people to do inappropriate things before going to see a lawyer, is the subject of the number of cars, and the number of car loans (if any), a person can take into bankruptcy. Frankly, the question by itself misses the
How Many Cars And How Many Car Loans Can I Have In Chapter 7 Bankruptcy? Read More »
I had a new bankruptcy client come in today, and take advantage of my “Tax Special” for new bankruptcy clients. He is a single guy with no kids, but he owns an investment property in another state, which is forcing him into bankruptcy. It turns out that he went to H&R Block last year and they
A New Bankruptcy Client Who Went To H&R Block Came In Today Read More »
I receive questions from various websites regarding bankruptcy and other issues. Most of the time, I do not respond, because the questions are usually uninteresting; other attorneys have responded, and I do not have time. I found this question interesting, because it addresses a fairly common problem that is very easy to avoid. It also
Question Regarding Car Loans From Family Members And Bankruptcy Attorney Error Read More »
Tax clients often ask me what they should do when they know that they owe taxes and April 15 is approaching. The correct answer is: file the tax return and pay what you can. The IRS and Department of Revenue charge interest and penalty whether you file or not. They will then tack on penalties
Bankruptcy And Late Filing Of Taxes Read More »