Drunk from the billions in federal bailout milk, Bank of America decided to raise Red Bluff, California resident Ann Minch’s credit card interest rate to over 23%. Bank of America’s move was both bizarre and self-destructive. Bizarre because Minch, though recently laid off, had continued to make the required payments to the bank, at times [...]
September 2009
New York bankruptcy lawyer and past President of Bankruptcy Law Network Jay S. Fleischman has long embraced social media tools such as Twitter and Facebook. But now he’s put his belief to good work by sponsoring Go Global 24, a fundraiser for Doctors Without Borders. Go Global 24 is being billed as 24 Hours of [...]
Your creditors are hoping that the consumer never finds out about the five facts listed in the article posted on Bankruptcy Law Network. The debt collectors may lie to you about these five facts about bankruptcy, hoping that consumers remain afraid that their employers, bosses, will find out about the bankruptcy filing or that the filing of a bankruptcy will affect a marriage or spouse. Don’t be misled, read more information on Bankruptcy Law Network.
Here’s a topic you’ll hardly ever see discussed anywhere: is a bankruptcy lawyer required by law to continue representing a client in a bankruptcy proceeding, even if the client won’t or can’t pay the lawyer any more fees? You might be surprised to learn that in most federal court districts, the answer is yes, the [...]
A little bit of good news came from General Motors this week when they announced that a third shift will be added to three of its facilities. Fairfax, Kansas, Lansing, Michigan and Fort Wayne, Indiana will all have a graveyard shift by April 2010. In Fairfax, Kansas alone 945 jobs be added. This is good [...]
It is not uncommon for a debtor to have second thoughts about filing for bankruptcy relief, terminate attorney services prior to filing, and request a refund. There are many reasons debtors change their mind, such as being persuaded by others that bankruptcy is not in their best interest, finding a cheaper price by less experienced [...]
