Your Bankruptcy Lawyer And You – The Interview

by Carmen Dellutri, Southwest Florida Bankruptcy Attorney

As a Consumer Bankruptcy Lawyer who regularly meets with individuals about their financial issues, I always treat the initial interview as if I am applying for a job.  Yes, that is correct.  The Client is actually hiring the bankruptcy lawyer, so why should I treat the initial interview as anything else.  After all, they are [...]

Bankruptcy Foes: Debt Relief Company Settles With NC Attorney General

by Susanne Robicsek, North Carolina Bankruptcy Attorney

Bankruptcy is not something that anyone wants to do, but it is often the best course of action for a consumer in debt.   Filing for bankruptcy is often seen as a failure, sign of weakness or immoral.  Understandably, people who file don’t go around telling everyone how much better life is for them now that they [...]

Debt Buyers Must Follow Rules Too, Says Missouri

by Wendell Sherk, Missouri Bankruptcy Attorney

When credit card debt goes bad, banks sometimes sell it to vulture investors at a steep discount.  The vulture debt buyer then often tries to sue on the account to collect more than they paid.   And their lawsuits are often the final straw forcing folks bankruptcy, where the debt buyer usually wants a share of [...]

The Ordinary Business Terms Preference Defense

by Nicholas Ortiz, Boston Bankruptcy Attorney

The 2005 amendments to the Bankruptcy Code modified the landscape for a key defense to bankruptcy preference actions. Preference actions are when a trustee or debtor in possession sue a creditor for the return of payments made in the 90 days before a bankruptcy. The concept is that creditors that receive more than similarly situated [...]

How Long After Filing Bankruptcy Can You Buy A Home?

by Jay Fleischman, New York Bankruptcy Lawyer
Thumbnail image for How Long After Filing Bankruptcy Can You Buy A Home?

Buy a home after bankruptcy?  Seems like a stretch for all but those who win the lottery once the discharge is issued.  But play your cards right and you could be worrying about scheduling a closing date sooner than you ever thought possible. After filing bankruptcy, you’re debt free.  No more calls, no more lawsuits. [...]

Top Ten Bankruptcy Myths Countdown: #8 Bankruptcy Will Ruin Future Credit

by Karen Oakes, Southern Oregon Bankruptcy Attorney

One of the concerns about filing for bankruptcy is that those folks will never be able to obtain credit again after filing for bankruptcy protection and assistance.     Most times, nothing could be further from the truth as bankruptcy may actually improve folks’ credit score, according to my clients’ experiences (and as explained by [...]