December 2011

Bankruptcy: Reality or Fantasy

by Rachel Lynn Foley, Kansas City, MO, Bankruptcy Attorney

When you file for bankruptcy you must ask yourself are you in a reality or  fantasy frame of mind?  When I was young , one of the professions I pursued and dreamed about was being an actress.  I trained, auditioned and actually took several classes in college along the way.  I am talented enough to [...]

Stopping Wage Garnishment Through Bankruptcy: Make Sure To Get The Timing Right

by Craig Andresen, Minneapolis, MN, Bankruptcy Attorney

When a creditor obtains a court judgment against a debtor, wage garnishment can be soon to follow.  Most persons subjected to wage garnishment will consult a lawyer to see if it can be stopped, and many of those will file either chapter 7 or chapter 13 bankruptcy to stop the wage garnishment.  While stopping a garnishment through [...]

Bankruptcy Is NOT a Dirty Word

by Dana Wilkinson, Attorney at Law

The headline caught my eye: “Is Bankruptcy ‘Business as Usual’ for Airlines.’ ”  On NPR, no less.  Reporting on the Chapter 11 filed by American Airlines, the article goes on to note: You might say it’s almost business as usual for the airline industry. United, Northwest and Delta have all taxied down the Chapter 11 [...]

Debtor Education Course: Are Joe and Sally to Blame?

by Russell A. DeMott, Charleston Bankruptcy Lawyer

The debtor education course. It’s the second course required by the Bankruptcy Code–the ticket out of bankruptcy, at least if the debtor wants his discharge. I confess I’ve always wondered what my clients thought of the course. Calling it a “course” is a bit much.  It only takes an hour or two, and there’s not [...]