I have made a New Year’s resolution to follow Dave Ramsey’s advice to strive for a credit score of 0.  And, I am encouraging my clients to do the same.  Of course, this means down the road we will have to pay cash for everything – including our vehicles – but getting out of debtor’s prison will [...]

Recently I received form letters from a law firm representing HSBC Bank Nevada for Best Buy.  The letters stated: “Please be advised that our client holds a purchase money security interest in consumer goods in regards to the above-referenced claim.”  It then has three options: (1) Debtor will reaffirm; (2) Debtor will make a cash [...]

A consumer called me today inquiring as to what would happen if he didn’t pay the deficiency (the amount owed after subtracting the money the creditor received when they sold the vehicle to someone else) owed on a vehicle he had surrendered to the creditor.
I explained the creditor could sue him and obtain a judgment.  Well, he [...]

The American Bar Association is holding voting on the best of the 100 best law blog sites.  Please vote here for  our sister website, Bankruptcy Law Network .
Voting ends today, so please vote!  Thanks.

The American Bar Association is holding voting on the best of the 100 best law blog sites.
Please vote for  Bankruptcy Law Network, our sister site, here.
Voting ends today, so please vote!  Thanks.

The American Bar Association is holding voting on the best of the 100 best law blog sites.
Please vote for  Bankruptcy Law Network site here.
Voting ends today, so please vote!  Thanks.

People seek bankruptcy relief in times of personal financial crisis.  Now, we are all facing a national financial crisis.  As 2009 starts, I have asked myself, “What can I do about this?”   Just asking this question, I have discovered, raises the bar for my own expectations and possibilities. As a consumer bankruptcy attorney, I help people [...]