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By David G. Hicks Attorney at Law, Pollak, Hicks & Alhejaj, P. C. A new lending scheme by sometimes unscrupulous short term lenders has been called “legalized car thievery” by Rosemary Shahan, president of a California consumer advocacy organization results in about a quarter of a million Americans losing their vehicles to repossession. The Los […]

© David G. Hicks, Attorney at Law                 When multimillionaire big shots like Bowie Kuhn – corporate lawyer and former commissioner of major league baseball – buy beach front mansions in Florida and then walk away from most of their debts by filing bankruptcy back in New York, it tended to rub the public the […]

            Would you feel guilty if your financial circumstances compelled you to file a bankruptcy?  Consider losing a job and then finding another that only paid 10% of what you used to make.  What if you were a millionaire?  A famous basketball player filed bankruptcy even though he was playing under a one million dollar […]

            Officials from the Department of the Treasury, the Department of Education and the new Consumer Financial Protection Bureau are ordered to issue a report to President Obama not later than October 1st of this year on whether bankruptcy laws or other laws and regulations should be amended to provide greater help and protection to […]

             It has been well known to bankruptcy professionals for some time that unmanageable medical debt was a primary, precipitating event in many bankruptcy case filings. Many unplanned and unpreventable family situations created the mountains of medical debt. When a child, parent or spouse became ill and had to be cared for, the healthier, care […]

As a proud member of NACBA (National Association of Consumer Bankruptcy Attorneys), I am glad to see that the current President of that association is making student loans and their resulting debt load on Americans a priority and it seems the White House is listening by recent signing of the Student Aid Bill of Rights […]

We are right in the midst of tax season, and people often have many questions about what they can and can’t do with their tax refunds.  Well, tax refunds are often a source of funds to pay on bigger purchases or pay off debts.  If you are contemplating a bankruptcy, you should not make a […]

David Cassidy, former Partridge family teen heart throb filed for Chapter 11 Bankruptcy protection in Florida this week.  Given that he’s known for the song “I Think I Love You”, the timing of his filing just before Valentine’s Day seems ironic.  His filing just shows us that all people regardless of background and finances can […]