Why Chapter 13 is So Nifty
Chapter 7 is short and sweet and to the point. It often gets what you need—a discharge (a legal write-off) of all or almost all of your debts. But in SO many situations, Chapter 13 gives you so much more. A couple blogs ago I showed a simple Chapter 13 case works. In my example, […]
See an Attorney BEFORE Losing Your Vehicle to Repossession or Surrender
You may be able to keep a vehicle you thought you couldn’t afford to pay for. Chapter 13 allows you to pay less per month and less overall on a vehicle loan, under certain conditions. This blog is one of a series on the mistakes people make before seeing an attorney about filing bankruptcy. As […]
“If Only I’d Gone to See My Bankruptcy Attorney Sooner . . . ”
Those are the words I hate to hear from a new client. Bankruptcy attorneys are in the business because we truly want to help people. It’s an emotionally tough area of law, dealing all the time with clients who are financially hurting. Usually my client are also hurting in other ways, related to what caused […]
Can I Do a “Cramdown” on Collateral Other than My Home or Vehicle?
If you are buying something on time and want to keep it, you often can do so for less money IF you bought it more than a year ago.
Banks win, homeowners lose in Senate – St. Petersburg Times
It is very unfortunate that this was shot down by the Senate. This was a spectacular solution for Homeowners. I think it was spectacular in two ways. One, is that I would probably get a lot of business … lol… but the other one, is that in my personal view, it is the only real […]