Of Interest

Early-stage delinquencies are a leading indicator of future bankruptcy filings, and the June data suggest bankruptcies will continue rising in coming months. Bankruptcy filings were up 31 percent in June compared with a year earlier

In the News, Of Interest /

U.S. mortgage delinquencies accelerate: Equifax Mon Jul 27, 2009 2:08pm EDT By Nick Zieminski NEW YORK (Reuters) – Rising unemployment continues to make more Americans late on their mortgage payments, a sign that the rate of U.S. personal bankruptcies will keep going up, according to monthly data from the Equifax credit bureau obtained by Reuters. […]

Early-stage delinquencies are a leading indicator of future bankruptcy filings, and the June data suggest bankruptcies will continue rising in coming months. Bankruptcy filings were up 31 percent in June compared with a year earlier Read More »

Ground Zero Nowhere To Go But Up: Means Testing, Bankruptcy Definitions – Debtor & Fresh Start, Reorganization Plan and Debt Relief Agency

Bankruptcy Education, Of Interest /

First, we will start at the legal beginning, the United States Constitution. Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Next, we had different bankruptcy acts, until 1978 when Congress enacted the uniform Bankruptcy Code in 1978. The Bankruptcy Code is called Title

Ground Zero Nowhere To Go But Up: Means Testing, Bankruptcy Definitions – Debtor & Fresh Start, Reorganization Plan and Debt Relief Agency Read More »

Why File Chapter 13? Does Filing Bankruptcy Stop The Harassment?

Bankruptcy Education, Of Interest /

First and foremost in most people’s minds is they want peace of mind. Yes, the filing of a bankruptcy case will stop the creditors’ harassment. If creditors continue harassing the debtor after his or her bankruptcy case is filed, the creditor can be sued in bankruptcy court for money damages. Most good people need to

Why File Chapter 13? Does Filing Bankruptcy Stop The Harassment? Read More »

North East Texas Bankruptcy Lawyer: Bankruptcy Overview-A Plan To Pay Creditors, Discharge Debt And Stop Forelcosure And Repossessions

Of Interest /

By North East Texas Bankruptcy Attorney Brian Allen. Bankruptcy law allows a debtor, who is unable to pay his creditors, to file for bankruptcy protection to stop creditors from collecting from the debtor and the debtor’s property (foreclosure, repossessions). Chapter 11, 12, and 13 provide for the development of a plan that allows the debtor

North East Texas Bankruptcy Lawyer: Bankruptcy Overview-A Plan To Pay Creditors, Discharge Debt And Stop Forelcosure And Repossessions Read More »

PLEASE CALL & EMAIL YOUR SENATORS NOW TO SUPPORT S. 61 SAVE OUR HOMES FROM THE BANKS

Consumer News, Of Interest /

Stop whatever you are doing, gather staff, family, and friends, and take the one minute needed to have everyone you know do the following: Phone AND email your Senator. Say: “Hi, I’m [Name] and I live in [town] I’m calling to urge Senator ___ to vote for S. 61. Senator ____ should stand up to

PLEASE CALL & EMAIL YOUR SENATORS NOW TO SUPPORT S. 61 SAVE OUR HOMES FROM THE BANKS Read More »