by John Rogers | May 21, 2009 | Uncategorized
…As set out in the Bankruptcy Code, 11 USC Section 527(a) : Rule #2 Everthing you own and every debt you owe must be completely and accurately disclosed in the documents filed to commence this case. Bankruptcy is not a “pick and choose”...
by John Rogers | May 19, 2009 | Uncategorized
The Senate passage was expected, but it took a coalition led by Banking Chairman Chris Dodd. The Senate has easily passed a major crackdown on credit card companies, agreeing to impose strict new rules on interest rates, fees and other controversial billing...
by John Rogers | May 19, 2009 | Uncategorized
U.S. credit card defaults rose in April to record highs, with Citigroup and Wells Fargo posting double digit loss rates, as the recession slashed more than 2 million jobs since the beginning of the year.
Citigroup (C) a big issuer of MasterCard cards—reported its...
by John Rogers | May 19, 2009 | Uncategorized
When you file bankruptcy, you are required to complete a current monthly budget. This will be performed with your attorney. This budget will be based on your current monthly income and your regular monthly expenses. This current monthly income is more than just...
by John Rogers | May 15, 2009 | Uncategorized
Bankruptcy is intended to help honest debtors get a fresh start, but there is no hard and fast rule on who will benefit the most from filing for bankruptcy. These are some of the warning signs that I look for when advising a potential client that it may time to file...
