Recent News
5 Signs That it May Be Time to File Bankruptcy
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...
Chapter 7 Bankruptcy and Tax Refunds: Beware !
It's that time of year for tax refunds. We have questions from folks as to whether they can file Chapter 7 bankruptcy and still keep their tax refunds coming to them after they file bankruptcy or received right before filing bankruptcy. The answer is that they...
Law Firms That Do Debt Collection Also Subject to New Rules
Lawyerist.com has a new post up about the CFPB's new rules on debt collection and their applicability to attorneys: "Today the Consumer Financial Protection Bureau issued its final rule on oversight of the debt collection industry [PDF], which includes debt collection...
Should the Treatment of Student Loans in Bankruptcy be Changed ?
Daniel A. Austin of Northeastern makes an argument in an article in the Santa Clara Law Review that the bankruptcy rules regarding how student loans are dealt with in bankruptcy should be changed. He argues that the student loan debt should receive a "fair market...
New Federal Rules for Debt Collectors
The New York Times has a good article today on efforts to further reign in out of control debt collectors with their outrageous behavior and tactics. Click on the link in the previous sentence to jump to the article. We continue to hear from our clients stories about...
Falling Behind in Your Chapter 13 Trustee Payments
If you are in a Chapter 13 bankruptcy, and find that you are having trouble making the payments, there is a way to save your case and stay in bankruptcy. Most courts will allow you to file a motion to suspend payments for a period of time. Some courts will allow a...