There’s nothing better than having tons of money in the bank. Who doesn’t want that? Of course, if you had tons of money in the bank, you probably wouldn’t be reading about bankruptcy. But what about just a little bit of money in a checking account? Surely you can...
Bankruptcy – Where You Live Can Make a Difference
The United States is a big country. We have arguably the most diverse landscape and mix of people in the world. Do you like a certain climate? We’ve got it. Do you like a certain lifestyle? We’ve got that too. And we have the freedom to pick and choose where to live....
Things Are Looking Brighter for PacSun Since Filing for Bankruptcy
There was a time in the 1980s where practically every suburban teen and pre-teen male wanted to be a surfer. It didn’t matter if he lived in Kansas (thousands of miles from the nearest ocean), or in Ocean Beach, San Diego. Being a surfer was cool. Wearing Vans on you...
Filing For Bankruptcy – Proper Planning and Preparation Prevents Poor Performance
Filing for bankruptcy is surprisingly easy – when you file with an attorney that is. Filing on your own is a nightmare wrapped in a headache smothered in an aneurism. There’s so much law to learn, so many mistakes to make, and so much money and assets to lose. And...
Motorcycle Mayhem – The Bankruptcy They Didn’t See Coming Part 2
In Part 1 we saw how a husband and wife were injured in a motorcycle accident. Now we will see how they recovered, and how bankruptcy helped them move on from the accident financially. The wife was airlifted to a nearby trauma center. She spent about a week in the...
Motorcycle Mayhem – The Bankruptcy They Didn’t See Coming Part 1
It was a beautiful spring morning. The road trip our clients had been anticipating was finally here. After some morning chow at a nearby breakfast place, they came home and suited up. Leather gloves, leather padded jackets, tough jeans and riding boots made up their...
American Idol Production Company Files for Chapter 11 Bankruptcy
Anybody else remember Ryan Seacrest’s comedic foil from the first season? Neither do I. But apparently his name was Brian Dunkleman. (Kidding of course – we all remember him!) He’s been gone for a long time, and probably has been kicking himself ever since. How about...
Considering Bankruptcy? Some Debts Remain After Filing
Bankruptcy is a terrific tool for eliminating debt. You can get rid of all kinds of credit card debt, medical bills, old auto repossessions, personal loans, and other unsecured debt. Bankruptcy also stops creditors in their tracks. Is someone trying to repossess your...
Just a Garden Variety Bankruptcy Part 2
In part 1 we learned how this “ordinary guy” made a decent income. It was enough to afford a condo, a used car, and the expenses of everyday life. In part 2 we will see how credit cards got him into trouble, and how we were able to help. Ordinary Problems...
Just a Garden Variety Bankruptcy Part 1
If you’ve been reading about bankruptcy for a while, you’ve probably seen lots of stories about unusual circumstances that forced people into bankruptcy. You might have read about a guy who got into some kind of accident, or someone who contracted a tragic disease...