This is a question I get asked quite frequently, and here is New Orleans Bankruptcy Attorney Kevin Gipson's take on it, which is right on point.  http://www.bankruptcylawnetwork.com/2009/08/13/can-i-reaffirm-my-car-loan-if-i-convert-from-chapter-13-to-chapter-7/ Also,...

  If you are thinking about bankruptcy, and have credit card debt, you might be wondering how much credit card debt the normal person has.  This blog post, referencing some scholarly research, gives you some idea:...

Interesting statistical news from USA Today and Bloomberg News.  I had predicted that bankruptcy filings would hit 1.5 million by the end of 2009: By Linda Sandler and Andrew M. Harris Bloomberg News (from USA Today) Personal bankruptcies show no sign of abating after...

I had a client recently who asked about her job and the impact that filing bankruptcy would have on that  job.  Illinois and Wisconsin Bankruptcy Attorney David Leibowitz has opined in a recent blog post about this very issue:...

Here is an excellent blog post article by Rhode Island Bankruptcy Attorney Mark Buckley on why it is so important, and the law requires, that you list EVERY asset, or thing of value, that you own when you file Bankruptcy:...

  The New York Times reports on how several states, including Kentucky, have reneged on thier offer to forgive student loans made to school teachers:...