March 2011

God and Bankruptcy

by Russell A. DeMott, Charleston Bankruptcy Lawyer

Bankruptcy is in the Bible.  In fact, there are plenty of blog posts here on Bankruptcy Law Network about what the Bible says about debt.  Kurt O’Keefe’s “Is Filing Bankruptcy a Sin?” is just one of many posts.  Most of these posts discuss the Bible and the morality of bankruptcy or apply particular Biblical principles [...]

3 Ways The iPad 2 May Help Lower Your Bankruptcy Legal Fees

by Jay Fleischman, New York Bankruptcy Lawyer

The powers-that-be over in Cupertino announced the iPad 2 today, and consumers around the country are sure to line up as soon as pre-ordered begin on March 11. As with just about every product put out by Apple, the iPad 2 is just about guaranteed to blow the doors off the place. Personally, I’ve been [...]

Cross Collateralized Loans And Bankruptcy

by Kevin Gipson, New Orleans Bankruptcy Attorney

What is cross collateralization and how can it affect your Bankruptcy? When a loan is cross-collateralized it means that you have made an unsecured creditor into a secured creditor. How does this happen? When you purchase a car, it is common for the documents you sign to give the lender a security interest in the [...]