Recent News
New 6th Circuit BAP Decision relating to State Court Judgments Effect in Bankruptcy Court
A state court default judgment should be given collateral estoppel effect only where there is sufficient participation by the parties to meet the actually litigated requirement. Where the issue of whether the debtors conduct was willful and malicious was not actually...
Secrets of the Debt Collection Business
A good blog post on walletpop.com from a former debt collector outlining the tactics they use, both legal and illegal, to harass debtors into paying or settling debt. You should never settle a debt without first discussing the ramifications of that settlement with an...
Does the Defense of Marriage Act Prevent Gay Couples From Filing Joint Bankruptcy Petitions?
A good blog post by John O'Connor on the National Bankruptcy Forum blog on whether gay couples can file a joint bankruptcy petition, thereby saving time and money. John Rogers, Kentucky Bankruptcy Attorney
NY Bankruptcy Court Rules Trucker may Claim his Peterbilt Cab with Sleeper as exempt "Homestead"
A great blog post about Florida Bankruptcy Attorney Bobby Wilbert regarding an interesting New York decision on homestead and vehicles. John Rogers, Kentucky Bankruptcy Attorney
The New Credit Card Law Hits College Campuses
Public Citizen Consumer Law and Policy Blog has a great post about the new restrictions credit card issuers face when trying to sign up college students on campus for new credit cards.... after many years, finally this terrible practice is coming to a screeching halt...
Credit card debt drops to lowest level in 8 years
By EILEEN AJ CONNELLY AP Personal Finance Writer NEW YORK (AP) - The amount consumers owed on their credit cards in this year's second quarter dropped to the lowest level in more than eight years as cardholders continued to pay off balances in the uncertain economy....