Recent News
Frequently Asked Questions about Bankruptcy – An Overview
Frequently Asked Questions about Bankruptcy Q: Why are so many consumers filing bankruptcy? A: Americans generally have overextended themselves by using too much easily accessible credit to finance overspending, combined with lack of savings. With no financial safety...
Stress!
"I do not know about you but I am completely and totally stressed! Why? My clients are stressed, my judges are stressed, my trustees are stressed, our nation in general is stressed, so I guess it is natural that I am stressed. So why is there so much stress during...
“Were You Naked When You Filed Your Bankruptcy?”
A lighthearted, but serious look at the importance of the careful listing of ALL of your assets, or things you own, when you file bankruptcy by Charleston Bankruptcy Lawyer Russell A. DeMott. Be careful to list all property you own, or think you may own, when...
States' jobless funds are being drained in recession
From the Washington Post: "The recession's jobless toll is draining unemployment-compensation funds so fast that according to federal projections, 40 state programs will go broke within two years and need $90 billion in loans to keep issuing the benefit checks. The...
Home mortgage foreclosures rise in third quarter
The Christian Science Monitor has a story out today about the rise in foreclosures. We are hearing conflicting reports from many sources, but the news does not look good, based on this new report. One of the key factors is that the highly touted HAMP foreclosure...
Total Attorneys Survey:Job Loss, Credit Crunch Driving Bankruptcy Inquiries
The attorney managed service provider Total Attorneys based in Chicago has conducted a survey of consumers looking for bankruptcy attorneys. Their statistics paint a pretty realistic picture of what we are seeing in our office. If you think you may need to consider...