It is a real accomplishment to complete your Chapter 13 case. In an environment where jobs come and go, unexpected expenses can pop up and more than two-thirds of all Chapter 13 plans fail, anyone who fulfills the terms of his Chapter 13 plan should take pride in this milestone. Be aware, however, that making [...]
Jonathan Ginsberg, Atlanta Bankruptcy Attorney
Economists of every political stripe agree that our recent recession and lackluster recovery arose from a collapse of real estate markets in cities all over the country. Homeowners are either stuck in properties worth less than what is owed on them, while other homeowners have just walked away. The result is a landscape where real [...]
Recently I received a notice from the bankruptcy court that my client’s Chapter 7 case has been closed without the issuance of a discharge order because my client never completed his mandatory financial management course. This means that in order to get his discharge, my client will have to pay a filing fee of $260 [...]
Several of my Bankruptcy Law Network colleagues have written about the scourge of “zombie debt.” This colorful name applies to very old debt that is purchased by a debt buyer at pennies on the dollar. The moniker “zombie” refers to the fact that usually the statute of limitations for collecting this debt has expired.
The Associated Press reports that the Obama Administration wants to legalize the use of “robo calls” – auto dialers and recorded messages – to cell phones by debt collectors seeking to recover student loans and other debts owed to the federal government. Under a proposal included at page 28 of the president’s September, 2011 Jobs [...]
