October 2010

29 Oct Bankruptcy Is Not Failure – It’s Financial Planning

As a consumer bankruptcy attorney who has spent the better part of the last 15 years counseling individuals contemplating bankruptcy, I can tell you that one of the things I see on a daily basis is the lack of financial planning from individuals. I don't want to sound mean or as if I am putting anyone down, but I would be remiss not to share this idea. I know that most us need to borrow for a car or a home, and that is fine. I just want people to be aware of what assets are protected if something goes wrong. I want people to have a financial plan. A financial plan is essential if your are going to retire someday. Your plan may be as simple as saving 5% of your salary or it may be much more complex. But, you need to start somewhere. Why am I writing this blog after the great recession? Because there is no better time to start planning than now. Or, if you already have a plan, now is a good time to revamp your financial plan for the future.
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26 Oct Identity Theft: Another “Somebody Done Somebody Wrong” Song in Bankruptcy Court

Identity theft. Folks worry about it all the time. Most times, folks worry about credit card numbers being stolen, accounts "hacked", accounts opened under your name without permission. There are procedures that can be followed when a person discovers their identity has been stolen. TheFederal Trade Commission and Better Business Bureau register complaints aboutidentity thieves. But, when identity theft occurs in bankruptcy court,
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