Recent News
Another Prediction On Bankruptcy Filing Trends
The DebtorWise Foundation has come out with another prediction on the future of bankruptcy filings in the United States and where that is headed. It seems from all indicators in the economy, from unemployment, lack of job growth, and foreclosure predictors, that this...
Jayne Peters, Texas Mayor Who Killed Herself And Her Daughter After Husband's Death, Had Financial Problems
Here is the full HuffingtonPost.com story I have blogged in the past about how nothing at all is worth losing your health, or much less, your life, over, especially debt and financial issues. By all means, if you are having financial difficulties, contact an attorney...
Bankruptcy Trustee Sues "Real Housewives of New Jersey" Star
Obviously, this bankruptcy case is not the typical Chapter 7 bankruptcy. But it does serve an illustrative purpose. When you file bankruptcy, you must disclose everything you own and everything you owe. To do otherwise is to not only jeopardize your "fresh start",...
One Million Homes ?
"LOS ANGELES – Rosalyn Dalebout rents out space in her home to three tenants, has cut off her phone service and canceled her earthquake and life insurance — all to pay her mortgage every month. So far, she's one of the lucky ones. More than 1 million American...
“I meant to do it, but I’m really sorry” doesn’t count in bankruptcy- Kentucky Bankruptcy Law Blog Post by Lexington Bankruptcy Attorney Greg Napier
"Where things went wrong is that Mr. Marklin, with full knowledge that the bank held a security interest in the proceeds, sold the crop but kept all of the money for his own use. Now, I do not know that Mr. Marklin spent the money on luxury items or if he just used it...
More on the brink of homelessness in Kentucky, study finds
The Bluegrass Politics blog has a recent post on the increasing trend in Kentucky of folks losing their homes. This has primarily been a problem in other areas of the country, but as the economy worsens, is hitting closer to home. This is a very disturbing trend,...