It is important to remember that the job of the debt collector is force you, to entice you or to trick you into paying a debt you owe, or even a debt you no longer legally owe, through nontraditional means. Debt collectors really do not care if they entice you, frighten you, lie to you, […]
Dirty Tricks Of Debt Collectors Read More »
This question was recently answered by the United States Bankruptcy Court for the Western District of Texas in a decision by Judge Frank Monroe entitled In re Fehmel , Case No. 07-60831 (Bankr. W.D. Tex 5/22/08). Texas is a state that tries to protect all of the equity of a home of a person or
What Amount Of Equity Is Protected In A Debtor’s Recently Purchased Homestead? Read More »
In what can only be described as an unusual move, the six judges of the Bankruptcy Court for the Northern District of Texas have jointly released an opinion on when a debtor can pay off a chapter 13 plan prior to its scheduled completion date under BAPCPA. In re Howard L. McCarthy, Jr., No. 06-40127-DML-13
Early Completion Of A Chapter 13 Bankruptcy Plan Read More »
Showell Blades is one of my fellow bankruptcy attorneys in Rock Hill, South Carolina. Not too long ago he spoke about why people really file bankruptcy and other issues involving bankruptcy, that probably effects you. Lets watch and listen in to what he has to say –
A Discussion Of Bankruptcy Read More »
The New York Times is reporting that debt collectors is working to shed their bad image of harassing people, but do not be fooled by that. Collectors are being trained to appear (and I think the operative word is “appear”) to be more helpful and sympathetic, and act like you are a force for good.
Do Not Be Fooled By Friendly Debt Collectors Read More »
The automatic stay is really the foundation upon which bankruptcy is build. You have heard of an injunction. It is a process or order of a court (a judge) that requires a person or company or corporation or a creditor to whom it is directed to do a particular act or to refrain from doing
What Is The Automatic Stay? Read More »
I personally think we are in a recession. And, I think it is hitting people in a more rural area like North Texas. All major economic indicators indicate our economy is getting worse. We all have to prepare. Here is a good video that describes that our recession is fueled by low wages and consumer
Recession Caused By Low Wages And Consumer Debt Read More »
The Fifth Circuit Federal Court of Appeals (the federal appeals court for Texas, Louisiana, and Mississippi) has published an opinion that the Supreme Court’s decision in Till v. SCS Credit Corp., 541 U.S. 465 (2004) did not change the interest rate Chapter 13 debtors had to pay their secured creditors. Before and after the new
What Interest Rate Do You Have To Pay In Bankruptcy? Read More »
As stated on HuffPo, while banks are scrambling for recover, the Fed is repeatedly cutting interest rates, the pawn shop business is booming. What this likely means for the United States economy is not good. What it means for those trying to avoid bankruptcy is likely worse. After a while people will run out of
Are You Pawning Things? You Are Not Alone. Read More »
We have all heard about the personal trauma of a person or family needing to file bankruptcy because they cannot pay all of their bills. They need to file in order to prioritize what has to be paid. They need to protection of the bankruptcy court in order for their creditors to understand what needs
An Entire Town Files Bankruptcy Read More »
