"I have never had a client file bankruptcy because they were spending too much money or freewheeling."So says one bankruptcy attorney quoted in a recent article on the underlying causes that centrally drive bankruptcy filings. That attorney says that, without...
Earlier this week, the Supreme Court of the United States published an opinion in a fascinating case examining the legality of third-party debt collection agencies using the official letterhead of a government office.According to the facts of the case, Sheriff v....
Thanks to the skyrocketing costs of both college and graduate school, the monthly ritual of submitting a student loan payment has become increasingly exasperating for some, fiscally painful for others and a near impossibility for far too many.Making matters worse,...
Every single person who has ever logged onto the internet to pay their student loans, glanced at their mortgage statement or written a check to cover their car payment has at some point fantasized about what it would feel like to have these debts completely paid off....
Most people might not realize it, but April is Financial Literacy Month, a time set aside each year by nonprofit financial counseling organizations to raise awareness about the importance of understanding spending and saving. While you might think this campaign is...
Last time, we started discussing how those with concerns about having to hand over assets as part of the Chapter 7 bankruptcy process must understand that the law sets forth certain bankruptcy exemptions that enable filers to retain most or even all of their property....
One of the more common reservations that people have about filing for Chapter 7 is the belief that it may result in them having to surrender some of their assets to the bankruptcy trustee for liquidation.While this is certainly an understandable concern, the reality...
It can be a great relief for women -- especially mothers -- to see their divorce finalized. That's because they are now free to start carrying out their post-divorce plans for both themselves and their children, perhaps moving to a new home, submitting job...
It goes without saying that one of the major worries for most Americans is -- and will likely always be -- managing debt. This is especially true, however, for those who have families, as they not only have to ensure that their bills are paid on time, but also ensure...
When it comes to filing for Chapter 7 bankruptcy, it often seems as if people can be divided into two camps: those who believe that it is a relatively easy and painless process that everyone should consider and those who believe that it is an incredibly difficult and...
