The Social Security Administration is a mess. Currently, SSA is in the midst of an overhaul in which they are attempting to go “paperless.” Unfortunately, they are understaffed with many of the remaining employees overworked and poorly trained, resulting in an agency that routinely loses files, does not process information properly and does not have [...]
June 2011
If you have been reading Bankruptcy Law Network recently, you would have seen various articles about reaffirmations. What they are, what they do, under what circumstances you should reaffirm a debt or mortgage and when you should not. There are even some courts that say you must reaffirm a car loan in bankruptcy. But there [...]
According to an article entitled The Soon-to-Evaporate Help for At-Risk Homeowners in 32 States in the Bucks blog of The New York Times, there still could be emergency financial aid from the federal government available for some homeowners through a program known as the Emergency Homeowners’ Loan Program. To find out whether you might qualify [...]
When you file Chapter 7 bankruptcy, one option you have is to reaffirm your mortgage. Do you have to reaffirm in order to refinance later? Of course not, but your lender may try to tell you otherwise. Other articles here discuss the actual process of reaffirming a debt. And the pros and cons of doing [...]
Before I begin my rant on Chapter 13 and the way I see things turning against some debtors ( not all debtors), I would like to start by saying that I honestly believe that Consumer Bankruptcy is Financial Planning for the Future. Also, I still believe in the concepts of a “Fresh Start” and the [...]
The L.A. Dodgers baseball franchise filed for bankruptcy protection today. After a search, I think this is the only place on the “free internet” that the Los Angeles Dodgers’ Bankruptcy Petition can be viewed in its entirety. The list of largest creditors is interesting because it includes many of the Dodger players, including former [...]
