You know you have a problem; there’s no money to pay the bills. Somehow you are short of cash. And you’ve taken the first step to evaluate what you owe and what you own. Now it is time to figure out where you want to go today. Set a Goal You don’t have to see [...]
Eugene S. Melchionne, Connecticut Bankruptcy Lawyer
“I’m broke.” One day you realize it – I have no money. Now what? This article and successive parts will cover the basic options that apply to just about everybody. The first step is to consider what happened to make you realize that there was a problem. What was the triggering event or wake up call? [...]
In March of this year, the United States Supreme Court ruled in Milavetz v. United States that provisions of the Bankruptcy Code regulating attorneys in bankruptcy cases are constitutional. The Court found that bankruptcy lawyers must make certain disclosures required by Congress and must include the specific language that the lawyer is a “Debt Relief [...]
Are you having problems paying a monthly mortgage payment? Are you living in fear of default? Here are some of the warning signs that your mortgage is a time bomb waiting to go off. The first is the size of your mortgage payment. If your payment is more than third of your monthly take-home pay, [...]
When you file a Chapter 7 or Chapter 13 bankruptcy case, a Trustee is appointed to administer your case. This person is an independent contractor who works for the Office of the U.S. Trustee in the Department of Justice. Although they are commonly attorneys, there is no requirement that you be admitted to practice law [...]
Got an iPhone or iPod Touch? Want to get the most recent information and videos on bankruptcy, credit, debt, and mortgages including foreclosure issues as they are posted, but don’t want to surf the web to get it? Now you can get the Bankruptcy Law Network iPhone App. The download and daily updates are entirely [...]
