Sometimes the timing of your bankruptcy filing hardly matters, but other times it’s huge.
Sometimes the timing of your bankruptcy filing hardly matters, but other times it’s huge.
What you don’t know CAN hurt you, if it’s a judgment against you by a creditor.
Bankruptcy helps both sides of your balance sheet.
Why? Because you may be able to keep a vehicle you thought you couldn’t afford to pay for.
It sometimes comes up that a person who wants to file for bankruptcy has income that is either derived from an illegal source (such as drug dealing) or that has not been reported to the IRS (when it should have been). Also, many people get confused between the reporting requirements for the IRS and [...]
The Los Angeles Dodgers baseball team filed for bankruptcy under Chapter 11. The filing provides a good opportunity to take a look at the often complex intersection of bankruptcy law and divorce law.
The Dodgers’ owner, Frank McCourt, has been going through a divorce for the past couple of years. One of the issues [...]
Many people have student loans that they have trouble paying. I am often asked what can be done about student loans.
It is extremely difficult to get student loans discharged in bankruptcy. Therefore, most people need to look at alternatives to bankruptcy to address their inability to afford their loan payments.
Following is a group [...]
Bankruptcy work is rife with questions about debt collection. The most common question for me is: Help, I owe [fill in the blank] a lot of money! Can a creditor just take money out of my bank account?
At least in New Jersey, the answer to this question is yes and no. [...]
Well, do you? You may have already thrown it away, without even thinking of it that way. The money I’m referring to here would be what you have (or had) socked away in your IRA or 401(k) account. You might be thinking about cashing out that account in order to pay your [...]
I have to admit, I picked this case for this post mainly because of its cool name, Big M, Inc. t/a Annie Sez v. Texas Roadhouse Holding, LLC. But it also has something interesting to say about debt collection.
The New Jersey Supreme Court decided Big M on July 16, 2010. The issue in [...]
