Part 15 of my review of Kevin Trudeau’s book, “Debt Cures “They” Don’t Want You to Know” examines Chapter 20:  Stop Debt Collectors Cold. The purpose of the review is to examine whether Trudeau,  who has had extensive involvement with credit card fraud and the Federal Trade Commission for some of his previous books, makes any sense [...]

For the last several weeks, I have been posting reviews of chapters of Kevin Trudeau’s book, Debt Cures “They”  Don’t Want You To Know.  The reviews have been posted on the Bankruptcy Law Network, Credit Law Network, Debt Law Network and Mortgage Law Network.   In Part 3, following the review, I posted my personal results [...]

The Louisiana Legislature began its 2009 regular Legislative Sessions on Monday, April 27, 2009.
Two bills are before the Louisiana House of Representatives that would raise the Homestead Exemption from seizure of a house by unsecured creditors.
The homestead exemption from seizure is not to be confused with the homestead exemption that most Louisiana residents are aware [...]

We need your help!  The Senate is set to consider Senate Bill 61 titled “Help Families Save Their Homes” which will allow bankruptcy judges to modify mortgages in chapter 13 bankruptcy cases.  You can contact your senator and express your support for S.61 by following this link here.
As previously posted on this blog on several [...]

It’s possible to protect college funds (529 Plans; Educational IRAs) when filing bankruptcy.  Complicated, but possible.  Bankruptcy law looks at the timing of the contributions and not the current balance.  Here are the rules:
1.  Contributions made earlier than 720 days before a bankruptcy case is filed are fully protected.
2.  Contributions later than 720 days but [...]

In my recent article on reasons to delay the filing of a bankruptcy to avoid issues of preferential payments in pre-bankruptcy transfers, I addressed the right of the bankruptcy trustee to set aside preferential transfers.
Related to the preferential transfer issue, and another reason to possibly delay the filing of a bankruptcy is to permit a debtor to [...]

Kathy Kristof’s recent feature on protecting yourself from the debt of a failed marriage addressed well the problem of joint debts.  Where the creditor can pursue either party for payment, informal divisions of the debt that don’t involve the creditor have risks to the other spouse.  If, despite your agreement, your ex doesn’t pay, your [...]

As a consumer bankruptcy attorney, I often find myself reassuring folks who come into my office for consultations that the filing of a bankruptcy won’t be published in the newspaper, that their employer won’t have to know, that their kids won’t have to know, or that the neighbors won’t be talking about them at the [...]

Part 14 of my review of Kevin Trudeau’s book, “Debt Cures “They” Don’t Want You to Know” examines Chapter 19:  Slaying the Dragons. The purpose of the review is to examine whether Trudeau,  who has had extensive involvement with credit card fraud and the Federal Trade Commission for some of his previous books, makes any sense in [...]

Part 13 of my review of Kevin Trudeau’s book, “Debt Cures “They” Don’t Want You to Know” examines Chapter 18:  Three Ring Circus. The purpose of the review is to examine whether Trudeau,  who has had extensive involvement with credit card fraud and the Federal Trade Commission for some of his previous books, makes any sense in [...]