Guest Post by Northern Michigan Bankruptcy Lawyer, Paul Slough There's no shortage of exploitive "get out of debt" offers. One area ripe with abuse is the arena of non-attorneys who prepare ... Continue Reading »
Written by Summerville Bankruptcy Lawyer, Russell A. DeMott In prior post about the bankruptcy means test, I focused on the means test as being a tool to sort out Chapter 7 bankruptcy cases from ... Continue Reading »
Written by South Carolina Bankruptcy Lawyer, Russell A. DeMott Many of my recent bankruptcy filings are due to what I call "real estate meltdown." The decline in the real estate market was inconceivable only ... Continue Reading »
Written by Summerville Bankruptcy Lawyer, Russell A. DeMott “Passing” the bankruptcy means test doesn’t mean you’re cleared for takeoff for a Chapter 7 bankruptcy. I pointed this out in my last post on the ... Continue Reading »
Written by New York Bankruptcy Lawyer Jay S. Fleischman. Remember the book, The Scarlet Letter? You know, the one where the woman does something and is marked for the rest of her life with ... Continue Reading »
Written by Summerville Bankruptcy Lawyer, Russell A. DeMott You may be able to discharge taxes in bankruptcy, but not always. To understand the benefits of filing bankruptcy to deal with tax debts, you need ... Continue Reading »
Guest Post Written by Elyria, Ohio Bankruptcy Lawyer, Bill Balena Keeping your bankruptcy filing from your boss is one of the most common concerns of many new bankruptcy clients. Let’s get one thing straight ... Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott In parts one, two, and three, I explained secured debt, liability, how the automatic stay comes into play with reaffirmation agreements, and my opinion about whether ... Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott In parts one and two, I explained secured debts, liability, and some history behind the law of reaffirmation agreements. I left off by pointing out that ... Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott In "Bankruptcy Reaffirmation Agreements (Part One)" I explained that reaffirmation only applies to secured debt on personal property. I also explained that it only applies to ... Continue Reading »
I've gotten the panicked calls from bankruptcy clients. "They've frozen my account!" And the "they" is the bank or the credit union. (I'll just call them both "the bank" from here on out.) One ... Continue Reading »
Guest Post Written by Atlanta Bankruptcy Lawyer, Jonathan Ginsberg Bankruptcy lawyers throughout the country report a significant increase in the number of seniors seeking federal bankruptcy protection. In my Atlanta area bankruptcy practice, ... Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Let's face it. Debt isn't funny, nor is bankruptcy. But sometimes you need a break from the stress and worry. Check out comedian Tim Clue as ... Continue Reading »
Written by Summerville Bankruptcy Attorney, Russell A. DeMott If you're considering filing bankruptcy, you need to know what bankruptcy can do for you. You also need to have a clear understanding of what bankruptcy ... Continue Reading »
[caption id="attachment_580" align="alignleft" width="336" caption="Photo by Marissa DeMott"][/caption] Written by Charleston Bankruptcy Lawyer, Russell A. DeMott The means test analysis begins with calculating your current monthly income ("CMI"). This is one of the many concepts ... Continue Reading »
[caption id="attachment_512" align="alignleft" width="200" caption="Photo by Michael Mulligan"][/caption] Written by Summerville Bankruptcy Lawyer, Russell A. DeMott Clients are naturally concerned about their retirement funds. And they should be. All of us will get to ... Continue Reading »
Written by Summerville Bankruptcy Lawyer, Russell A. DeMott One of the things I've noticed lately is that most of my clients have a strong sense of guilt and confusion about their financial problems. ... Continue Reading »
[caption id="attachment_286" align="aligncenter" width="1024" caption="Photo by Michael Mulligan"][/caption] Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Whether you file Chapter 7 bankruptcy or Chapter 13 bankruptcy, the "automatic stay" goes into effect ... Continue Reading »
[caption id="attachment_103" align="aligncenter" width="810" caption="Photo by Michael Mulligan"][/caption] Written by Summerville Bankruptcy Attorney, Russell A. DeMott You want to avoid filing bankruptcy. Everyone does. What are your options? What about credit counseling? Let's first ... Continue Reading »
[caption id="attachment_61" align="aligncenter" width="370" caption="Photo by Marissa DeMott"][/caption] Written by Charleston Bankruptcy Attorney, Russell A. DeMott During your bankruptcy case, you may receive documents concerning your case. One of the documents you may receive is called ... Continue Reading »
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