In the Irony Department, today a debt settlement company called Debt Relief USA filed for bankruptcy, according to an article in the Dallas Morning Herald. And the further irony is that many of the debtors who turned to Debt Relief USA for help are now creditors, while Debt Relief USA is the debtor! This, of …
A recent Washington Post article on credit scores (“Credit Score Shell Game“) is very illuminating. It’s one more example of how the world of credit cards is getting less warm and fuzzy and how struggling Americans can get scammed in the process. The gist of it is that: Credit scores are becoming more important as …
Understanding your credit score in the new economy Read More »
When the topic of bankruptcy in New York comes up, you hear a lot about things like Chapter 7, Chapter 13, the “means test,” financial statements and a bunch of other important terms. But what do you know about the trustee and his or her role in a bankruptcy case? It’s important to understand what …
What you should know about the trustee in bankruptcy Read More »
If Gabriel Garcia Marquez had struggled with his mortgage, he might have written Love in the Time of Foreclosure (http://loveinthetimeofforeclosure.blogspot.com). Instead, it’s a blog being currently written by a young woman in California describing the process of going through a foreclosure and her efforts to stay positive and keep perspective on everything. On the topic …
Bankruptcy is generally associated with difficulties and hardship. However, a cartoon called Bankruptcy Bill (http://bankruptcybill.us) has apparently found the lighter side of the bankruptcy world. The content is aimed more at big firm law practice, making some of the jokes difficult to get. But others will give you a chuckle. (Poetry fans may appreciate the …
I wanted to share that I’ll be teaching a continuing legal education course on June 23, 2009 entitled “Introduction to Consumer Bankruptcy” sponsored by the Brooklyn Bar Association Volunteer Lawyers Project. The course is for attorneys who are new to consumer bankruptcy practice, and it is intended to address the growing need by low-income clients …
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