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New York Bankruptcy

Sign of the times: Stand-up comedy on credit card debt and debt collectors

I’m in no way advocating comedian Tim Clue’s tongue-in-cheek approach to credit cards and debt collectors.  But it is nice to see a humorous take on the subject and an acknowledgment that this is an issue that people deal with every day. [youtube=http://www.youtube.com/watch?v=I5bbvMR8Ee4&feature=player_embedded] If you’re facing problems with credit card debt and bill collectors, please …

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Bernie Kosar bankruptcy offers lessons for average Americans facing bankruptcy

Foreclosure.  Divorce.  Child support.  Business debts.  Bad investments. The same things that led Bernie Kosar to need bankruptcy protection–first under Chapter 11 reorganization and then via a conversion to Chapter 7 liquidation–are what cause many other Americans to file for bankruptcy as well. Yet despite the number of bankruptcies filed by celebrities and other high …

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Another celebrity bankruptcy: Actor Barry Corbin

In light of my recent post on celebrity bankruptcies from the past decade, I thought it’s worth noting another recent celebrity bankruptcy filing:  actor Barry Corbin. If you don’t know his name, you almost certainly know his face from roles in Lonesome Dove, Dallas, the Police Academy series, Urban Cowboy, Northern Exposure and appearances in …

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My connection to the Top 10 Celebrity Bankruptcies of the Decade

I don’t usually re-post directly from other blogs.  But I just came across a “Top 10 Celebrity Bankruptcies of the Decade” list on the TotalBankruptcy blog, and, in addition to being a good piece of research as well as a good read, I noticed that I’ve represented one of celebrities who made the list. So …

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Can my employer fire me for filing for bankruptcy?

Can my employer fire me for filing for bankruptcy?  Can my employer fire me based on my race? No and no.  You can’t be fired based on your race.  And you can’t be fired just because you’ve filed for bankruptcy.  The bankruptcy laws specifically prohibit firing an employee because of a bankruptcy filing. Many people …

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Bankruptcy Haiku and Mortgage Cramdown

What does Congress’ failure to pass the mortgage cramdown legislation have in common with the Honeymooners?  They’re both in the latest bankruptcy haiku from Bankruptcy Bill. Reprinted with permission from the creators of Bankruptcy Bill: Why did Congress dis Honeymooners and not pass Mortgage Kramden Bill? (Click here for more bankruptcy haiku from Bankruptcy Bill.) …

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Brooklyn Bankruptcy Update 12-22-09

Time to take a look at recent bankruptcy news in Brooklyn. Brooklyn Money Manager Indicted in 30-Year Ponzi Scheme (Wall Street Journal Online) – Bay Ridge, Brooklyn-based money manager Philip Barry–aka the “Brooklyn Madoff”–was charged with securities fraud and 20 counts of mail fraud earlier this week. Star of Real Estate Boom is Confronting Hard …

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Mortgage Cramdown Fail: BAPCPA Man vs Mortgantua – Part 5

How is BAPCPA Man doing in his battle against Mortgantua to save American homeowners?  Not so well, thanks to Congress Man and Subprimulus. Note: This cartoon is posted on the NYBankruptcyNet site with the express permission of the creators of BAPCPA Man. Are you worried about foreclosure in New York?  If you’re struggling with mortgage …

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