Recent News
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...
Small-business bankruptcies rise 81% in California
From the Los Angeles Times This article is very indicative of what we are starting to see in Kentucky. The article quotes fellow NACBA member Dennis McGoldrick, a bankruptcy lawyer in Torrance, California. The misleading part of the statistic is that most business...