Category Archives: Consumer Bankruptcy
Protect Yourself from the Equifax Hack- check out this link below.
Equifax data breach may affect up to 143 MILLION Americans!
Great Expectations – bankruptcy attorneys and due diligence
What the heck is “diligence” and “due diligence”? From Black’s Law Dictionary: diligence. 1. A continual effort to accomplish something. 2. Care; caution; the attention and care required from a person in a given situation. due diligence. 1. The diligence reasonably expected from, and ordinarily exercised by, a person who seeks to satisfy a legal requirement or to discharge an […]
THOUGHT MICHAEL VICK’S REPUTATION HAD GONE TO THE DOGS; HE’S BARKING BACK
Because of his well know past troubles, football star Michael Vick had to file for bankruptcy protection back in 2008. He had gone from making millions on the gridiron to making 12 cents an hour mopping floors in the Leavenworth Federal Penitentiary cell-block. Because of his pre-prison high lifestyle, he owed creditors about $18 […]
Robocalls: Bank of America, in trouble again?!
Collection calls happen to many people in debt, but after you file for bankruptcy and receive your discharge, debt collectors are NOT allowed to continue to do so on discharged debts. Bank of America was ordered to pay over $1 million dollars to a Florida couple after the bank continued to do just that, make […]
SAVING YOUR HOME
Homeowners who get in trouble financially risk the loss of their house, and not only from the mortgage company. True, if you don’t pay your mortgage, you will end up in a foreclosure. But even if you are current on your mortgage, other creditors can sue you, and when they win they can end up […]
Reflections of a Consumer Bankruptcy Attorney
I have assisted thousands of Nebraska and Iowa citizens file bankruptcy since 1983 when 348,880 bankruptcy cases were filed, 81.78% were consumers. Bankruptcies broke a million in 1996 and two million in 2005. In 2013, 1.1 million were filed, 96.61% were consumer cases. The Chapter 7 filing fee rose from $60 to $335. American households […]
WHAT IN THE HELOC CAN I DO ABOUT THIS
H.E.L.O.C. or Heloc is an acronym for Home Equity Line Of Credit. Many, many people took out these types of loans several years ago when real estate was booming and the inflated values created significant equity against which to borrow. Many of those Heloc borrowers did not then, or perhaps do not still, realize that […]
“HELP! MY CAR WAS JUST REPOSSESSED!” – There is a way to get it back…
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THE TIMES THEY ARE A CHANGING: DEVELOPING STORIES REGARDING STUDENT LOAN DEBT AND BANKRUPTCY
While as of yet it remains difficult to discharge student loan debt obligations in bankruptcy, it is not impossible. Currently, bankruptcy courts are hearing lawsuits called adversary proceedings to determine if financially troubled people appearing before it suffer sufficient hardship to qualify for discharging (wiping out) all, or part of, their student loan debt. Outside […]
