So the stress of dealing with overwhelming debt has finally gotten to you, and you’ve decided that bankruptcy might be the best solution for regaining your financial footing. If that seems like the logical course of action, you’ll need to contact a bankruptcy attorney to take your case. Before choosing an attorney to represent you, [...]
May 2009
The current recession is sending a lot of large companies into bankruptcy, and a lot of employees are affected. If you have a claim of some kind against a bankrupt employer, you have more hoops to jump through. The most important thing to be aware of is the automatic stay. When a person or a [...]
This is the fourth in a series of blogs about the Statement of Financial Affairs and the questions it asks. Question 4 of the Statement of Financial Affairs asks for information about suits and administrative proceedings, executions, garnishments and attachments. What sort of things need to go here?
In states that haven’t opted out of the federal exemptions, such as Massachusetts, there exists something referred to as the “wild card” exemption. This is a very useful exemption and what allows most bankruptcy debtors to keep all their property. Section 522(d) of the Bankruptcy Code states, in relevant part: The following property may be [...]
If you have previously filed for bankruptcy protection, and you’ve found yourself dealing with unmanageable debt a second time, you may be wondering if you can file bankruptcy again. Going through bankruptcy a second time is not exactly a pleasant thought – but if you’re struggling with debt, and you think you may need to [...]
Texas Attorney General Greg Abbott’s office filed for a Temporary Restraining Order against Excel Loss Mitigation Inc., United Servicing LLC, Bell Investments & Developments LLC and their key directors, David Bell and David Espy to stop their foreclosure rescue business. Further, a Harris County (Houston) district judge froze their assets after the AG’s office charged [...]
