Professionally, what’s a bankruptcy lawyer thankful for? I’m thankful for experience and a skill set useful to real people with financial problems. I’m thankful for bankruptcy laws, flawed as they are, that allow people to escape debt and focus on the future. I’m thankful for the right to vote for people who might make the laws […]
Why Would Lawyer Choose Consumer Bankruptcy?
I had my fees cut last week in a small Chapter 13 case. The cut ($500) wasn’t large in absolute terms. But the wound is deep and will continue to bleed into my attitude about what I do as a professional. To borrow a phrase from my kids, I feel profoundly disrespected. The case, filed by […]
Lien Stripping Works Without A Bankruptcy Discharge
The waiting and uncertainty is over. The judges have decided. Chapter 13 debtors can void underwater junior liens even if they aren’t eligible for a bankruptcy discharge in the Chapter 13 case. So says the 9th Circuit Court of Appeals in a case called Blendheim, decided October 1. And so, a myriad of Chapter 20 debtors […]
Donald Trumpets: I Didn’t File Bankruptcy
As much as it pains me to say, Donald Trump was doubly right about filing bankruptcy. He loudly announced at the debate that he had never filed bankruptcy. And, he’d only taken advantage of our laws in filing. Now, he was contemptuous of his creditors and dismissive about what the filings said about his business judgment. […]
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