By Däna Wilkinson, Attorney at Law on May 6, 2007 in General Bankruptcy Information, Mortgages, Personal Finance, South Carolina | 1 Comment
Credit Slips notes that when Carissa Byrnes Hessick appeared as a guest blogger on Prawfsblawg, her post on closing on a house, and the comments to that post, amount to a mini-debate on pros and cons of reading contracts before you sign them. Professor Hessick was greeted with astonishment when she and her husband actually [...]
Popularity: 3% [?]
By Däna Wilkinson, Attorney at Law on May 6, 2007 in Foreclosure Issues, General Bankruptcy Information, South Carolina | 2 Comments
The South Carolina Bankruptcy and Consumer Blog had this disturbing post, reporting a series of events taking place among various lenders over several states. The sequence of events goes like this:
Client faces foreclosure
Client wisely begins investigating Chapter 13 as a solution
Client gets phone call from lender - “Don’t fret, we’ve got it under control. There [...]
Popularity: 3% [?]
By Andy Miofsky, Illinois Bankruptcy Attorney on May 6, 2007 in Bankruptcy Practice and Procedure, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, General Bankruptcy Information, Illinois, Protecting Assets In Bankruptcy, Surrendering Property, Venue and Qualifications | 2 Comments
In this fifth analysis of your case we examine the application of exemptions to your assets. Each state has a schedule of assets that are protected from collection by your creditors. Additionally, there is a set of federal exemptions. States determine whether either or both may be used. Hence, the laws [...]
Popularity: 6% [?]
By Jay Fleischman, New York Bankruptcy Attorney on May 6, 2007 in New York, Personal Finance | 0 Comments
Many of my clients ask me about ways to control spending after bankruptcy. For these people I recommend a debit card.With a debit card you never need to worry about carrying around cash. If you carry cash then your money has a tendency to disappear. For example, you take out $20 from the ATM and [...]
Popularity: 3% [?]