Chapter 13 Consequences Most debtors file for chapter 7 bankruptcy, but chapter 13 is an option under special circumstances. Many debtors including the poor, have to turn to chapter 13 because they cannot qualify for a chapter 7 bankruptcy. In chapter 13, a payment...
The (not so) new Bankruptcy Law is now 10 Years old – Has it Been Helpful? Part 2
The Great Recession Housing prices in many markets began to plummet in 2006. For virtually all middle and lower income families and individuals who were homeowners, this meant that their only major asset had lost a tremendous amount of value. And for those whose...
The (not so) new Bankruptcy Law is now 10 Years old – Has it Been Helpful? Part 1
“Webinars are awesome!” These three words have never been uttered in the history of the English language. But there are some very good lessons that can be learned from them, given the right people on the right topics. Bloomberg recently reported on one such webinar...
Tuition Recovery Lawsuits and Your Bankruptcy – What You Need to Know
I’ll bet you thought kicking in for your son’s tuition was tough. College is important – we all know that. But does it really have to be that expensive? And did little Johnny really have to pick that private, four-year liberal arts college. State school is good enough...
She May Be a Shut-in, but She’s not Shut Down by Her Creditors Pt 2
In part 1 we learned how our client's battle with rheumatoid arthritis left her with limited income and a mountain of bills. In part 2, we will see how she filed for bankruptcy with our firm and completely eliminated all of her debt. After doing some research, she...
She May Be a Shut-in, but She’s not Shut Down by Her Creditors Pt 1
Bankruptcy clients come in all shapes and sizes. One common scenario that drives people to bankruptcy is ill health. Here's the story of one of our clients who used bankruptcy to free her from debts that were the result of an incurable disease. Our client used to be...
Back to School: It’s time for Your Bankruptcy Credit Counseling Classes!
For some of you, school is just a distant speck in the rear-view mirror. High school, college, or whatever it was, happened so long ago that you can’t remember a single, solitary piece of useless information that they tried to cram into your brain cells all those...
Once an NBA All-Star, Now a Barista Part 2
We learned in part 1 that being a barista at Starbucks offers great benefits. We also learned about Vin Baker and his rise and fall from NBA all-star to regular guy with no money. In part 2, we will learn what the two have in common. Clean and Sober Four years ago,...
Once an NBA All-Star, Now a Barista Part 1
Remember when the guy that made your coffee used to just be the “coffee guy?” We got our coffee from a waitress in a place like Denny’s. Coffee was something you had with food, and you only had two choices; regular or decaf. Coffee Coffee Everywhere Now the coffee guy...
Our Call Center Client
It’s estimated that the call center industry employs around five million people in the United States alone. Most jobs in this sector are not particularly high-paying. They do, however, typically have great benefit programs, paid training, and a stable work...