Consumer bankruptcy lawyers are among the most unappreciated and underpaid people in the entire bankruptcy system. On a time spent basis, we rarely get paid our full hourly rate for the time we put into each case. On a benefit to our client basis, we usually get only a tiny percentage of the financial benefit [...]
Peter Orville, Binghamton Bankruptcy Lawyer
Chapter 12 farm bankruptcy helps family farmers to keep their farms. It allows family farmers to reorganize their finances and operations. Chapter 12 was originally enacted by Congress in 1986, and was made permanent in 2005. It helps the farmer and the banker to sit down and work out alternatives for debt repayment. But according to [...]
If you are considering filing a bankruptcy petition you should consult with an experienced lawyer so you can do some planning. But you should be careful; as with most of life, good planning will save you money but sloppy planning can land you in hot water. I often talk with people who are considering bankruptcy who have [...]
2011 has been called “The Year of the Natural Disaster”. We have seen deadly tornadoes, massive floods, billion dollar blizzards, devastating drought, East Coast earthquakes, and Texas wildfires…oh my! Millions of Americans have had their lives seriously disrupted this year. Many of them were in Chapter 13 bankruptcy cases at the time of the disaster, [...]
Natural disasters have recently destroyed countless homes and uprooted huge numbers of individuals and families. When the flood/hurricane/tornado/wildfire is over you focus on the destruction to your home, car, and business. You concentrate your concerns on whether or not you should rebuild, and on how to put your family’s life back together. In upstate New [...]
While Congress and the White House debate raising the debt ceiling of the nation, many of us just plain citizens wonder if we too should borrow more money to get through our hard times. The questions we need to ask are… can we borrow more? … and … should we borrow more? Lending institutions drastically tightened [...]
