Negotiate a lower payment on your credit card. Call customer service and ask for a better rate.  “Just work with me.” These proven common sense tips could save you money on your credit card accounts and help you avoid bankruptcy. More than one out of 10 accounts went 6 months in default last month [...]
September 2009
I insist that I see my clients’ credit reports before every bankruptcy I file. I prefer to see all three credit reports as they contain valuable information that can help us prepare a better bankruptcy and determine if a bankruptcy is possible. The information contained about an individual’s debts and assets on the reports are [...]
Here is a tip I picked up from Jacksonville FL bankruptcy lawyer Bobby Shinedown Wilbert that could save you thousands of dollars on your credit card debt. Call your credit card bank and ask for a lower interest rate and a lower principal balance. You might get a zero interest rate if you are willing [...]
The Eighth Circuit ruled this week that certain types of car loans are protected from “cramdown” in the Chapter 13 bankruptcy process, reversing decisions in Eastern Missouri. Agreeing with its sister circuits which have addressed this issue, the Midwestern federal circuit court of appeals concluded that loans made during the 910-day period prior to a [...]
Pay attention to these 5 tips to safely fly on an airline that is in bankruptcy. During the past 8 years these airlines filed bankruptcy: Aloha Airlines, America West, ATA Airlines, Braniff International, Continental Airlines, Delta Air Lines, Eastern Airlines, Frontier, Hawaiian Airlines, Northwest Airlines, TWA, United Airlines, and US Air. You can expect more [...]