Let it Go! What A Great Bankruptcy Theme Song!

by Rachel Lynn Foley, Esq.

I can’t think of a more appropriate theme song for those in a financial crisis than Let it go from the movie Frozen.   A theme song  sets the tone or mood for what is about to come.   Walt Disney has a history of providing  life lessons through entertainment so it is no surprise Frozen and […]

Revisiting Debt Settlement (Again?)

by Adrian Lapas, Esq.

Recently I ran across this post discussing the difference between bankruptcy and debt settlement.  I believe that there are a few items that need to be corrected with regards to the information contained in this post. Before we go any further, it may be useful to talk about what bankruptcy is and what a debt […]

Bankruptcy Filing Fees Increase as of June 1

by Adrian Lapas, Esq.

          The Judicial Conference has approved a fee increase effective June 1, 2014. The fees for filing a chapter 7 case will increase from $306.00 to $335.00. The fees for filing a chapter 13 case will increase from $281.00 to $310.00 This is a $29.00 increase in the filing fees. The […]

Bankruptcy And The Elderly

by Douglas Jacobs, Esq.

In my practice, I see it all the time: an elderly couple come to talk about their debts. Inundated by credit cards and living on a fixed income, they see no help in sight. But, their retirement can’t be garnished and the credit industry can’t get at it (in most cases). Social security is almost […]

Your House Is In Foreclosure: What Should You Do? Part Two

by Dana Wilkinson, Attorney at Law

In Part One, I discussed some of the options you may consider when your house (or other property) is in foreclosure, namely mortgage modifications and short sales.  This post will focus on whether a deed in lieu of foreclosure, or a Chapter 13 bankruptcy may be the right move for you. A deed in lieu […]

Debt Creates Isolation!

by Rachel Lynn Foley, Esq.

Are you or have you ever been in debt?  I am talking about the kind of debt that swallows you whole. The kind of debt you obsess about counting.   As you continue to count each dollar you owe, the tighter your chest becomes.  The debt continuing to squeeze until you can’t breathe anymore.  Your obsession […]