Your Bankruptcy Attorney & You

10 Aug Credit Card Companies Are Targeting Bankruptcy Debtors!

As soon as I finish blogging about bankruptcy this morning, this article came floating into my in-box. It was too shocking to pass up. As a bankruptcy attorney, I hear story after story from my clients about the amount of credit offers they receive after they file for bankruptcy. According to a study performed by the University of Iowa, Credit Card companies are targeting people fresh out of bankruptcy with credit card offers. According to my clients, the offers are pouring in about thirty days after they file their bankruptcy cases. In other words, the Credit Card companies are not even waiting for the Debtors to receive their discharges.
Read More

10 Aug Bankruptcy And Separation Or Divorce !

Let's face it, Bankruptcy and Divorce go hand in hand. As a Bankruptcy Attorney, at least once a week I meet with either a husband or wife after the divorce has taken place. When married couples separate and consider divorce, many issues need to be decided, the most important issues deal with the children, if any. But aside from the obvious, the second most important issue in my opinion, is the financial one. Couples really need to put aside the emotions and be honest with each other. I know that is easier said than done. But, if done correctly, a couple that is divorcing can really help each other. Divorce attorneys should advise their clients about the potential challenges ahead.
Read More

13 Jul Can I File for Bankruptcy Without a Lawyer?

I've taken over many cases where a debtor prepared and filed the various bankruptcy documents without the help of an attorney, what is called a pro se or pro per filing. Apart from the fact that the schedules generally have to be completely redone (the exemptions are usually wrong, debts are not listed, assets are not listed or are listed or valued incorrectly, the Means Test uses the wrong figures, the Statement of Financial Affairs is incorrect, and the budget is generally wrong), and a number of these people lost their homes as a result of not being advised about what was required, how the process worked, how to value assets, how to deal with various types of debts, etc.--something an attorney is required to do.
Read More

29 Jun How Do I Pay My Bankruptcy Attorney?

Bankrate.com offers five tips to help debtors find affordable attorneys to help them file bankruptcy. The post quotes a range of fees, and then goes on to note that many attorneys offer payment plans, or that some or all of those fees may be paid through a Chapter 13 plan. I had the reaction I always do when quoting a fee to a client--I'm always afraid that if I start with the total, the prospective client will hear that number, stop listening, and never hear the part about how to pay it. Many people are so convinced that they can't afford a bankruptcy lawyer that they never seek one out. I recently sat in a courtroom listening to a hearing in a Chapter 13 case. The debtor did not have an attorney, and the trustee had a laundry list of problems with her case.
Read More

04 Jun What is a board certified bankruptcy attorney?

You expect certification from your doctor - expect it from your lawyer too. Board Certification means that the certified attorney has met rigorous, objective standards and has demonstrated knowledge in bankruptcy law. Hiring an attorney with expertise in any specialized field of law can be a bewildering experience. As a client, you want to make sure your counsel is experienced in the particular field. ABC logoThe American Board of Certification's (ABC) programs are designed to identify and recognize those attorneys in consumer or business bankruptcy who have met or exceeded rigorous certification standards relating to experience, continuing legal education, integrity, and peer review; in addition to demonstrating a sophisticated understanding of the law in their specialty area. Many states also have programs for certifying bankruptcy specialists.
Read More