You tried every possible way to avoid it, but you finally decided that you had no choice–you filed a bankruptcy. But you want to continue to pay some creditors, like your house payment and your car payment. But when you go to make a payment online, or set up a bank draft, you find that [...]
*Life After Bankruptcy
Some banks recently started charging debit card use and other fees. (For more, see this post by Andy Miofsky, and my earlier one.) The New York Times recently reported how the practical problem of changing an online account from one bank to another contributes to how some banks now charging debit card use fees are [...]
Words are powerful. The word “bankruptcy” carries enormous emotional baggage. People hear it and immediately jump to conclusions. “Failure,” “shame,” “irresponsibility,” “ruin” all come to mind. Recently, I met with an elderly couple. They had significant cash flow problems, and a Chapter 13 bankruptcy would benefit them greatly. As I do with all prospective clients, [...]
One of the things that troubles those considering filing personal bankruptcy is the fear that it might be impossible to qualify for a home mortgage after a chapter 7 or 13 case. Indeed, it would be a cruel irony if a bankruptcy filing freed you at last from a heavy debt burden, enabling you to finally [...]
New Mexico had its largest wildfire in its history this summer — the Las Conchas fire burned 156,593 acres (244.6 square miles) not far from where I live. To me, the continuing harsh economic times also continue to consume ground people once took for granted. In my state, New Mexico, starting on October 14, 2011, [...]
Bankruptcy and identity theft? How can this be an issue if someone is discharging debt? There are debtors who file for bankruptcy protection due to someone having stolen their identity. There are bankruptcy debtors whose identity is stolen and the thief files for bankruptcy. Then, there are those folks who worry about [...]
