Archive for May 6th, 2007

Read Those Documents At Closing! »

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% [?]

What To Do When Your Home Is In Foreclosure »

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% [?]

Do I Qualify For Bankruptcy, Exempt Property Part 5 of 9 »

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% [?]

Using A Debit Card To Control Spending »

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% [?]