I’m accustomed to advising those on the verge of filing bankruptcy about big ticket debts like mortgages, student loans, and back taxes. I was surprised when a client, resigned to letting her house go to foreclosure after the bankruptcy, was absolutely delighted to know that she could free herself from her unhappy relationship with Verizon Wireless […]
Search Results for: do you need to file bankruptcy
Why No-Look Bankruptcy Fees Are No-Good
Lawyers become lawyers, in large part, because they can’t, or don’t want to, do math. Judges are lawyers who got promoted. And therein is the root of the problem with “no look” attorneys fee for consumer bankruptcy cases. Judges don’t understand mathematics. They expect the “law” of averages to result in fair compensation for debtor’s lawyers, relieving judges […]
What You Don’t Know (Yet) About Your Mortgage Loan
The aftermath of mortgage mess mess will be with homeowners for as far into the future as we can see. Even those who held on to their homes can expect trouble. The “who’s got the note” theory of foreclosure defense that swept the rest of the country never made much headway in California. We are […]
Does Foreclosure Forever Keep Me From Homeownership
If I lose this house, will I ever be able to buy a house again? That, in a nutshell, is the central worry of Bay Area homeowners who face foreclosure or short sale of their homes. That worry drives lots of homeowners to cling irrationally to a too-expensive house. Fall out of home ownership and […]
Who Needs This Kind Of Help With Debts
Eliminate your unsecured debt sooner than you ever thought possible. That’s the promise of one debt settlement company. It’s in their contract, not just their ads. It must be so. The pitch preys on people’s profound desire to do the right thing. Most people want desperately to pay their debts and avoid the “horror” that […]
Filing Bankruptcy Is All About Your Future
The decision to file bankruptcy is usually driven by threats from creditors to take something from you, now. Do nothing and your creditor can levy your bank account or garnish your wages. More about how lawsuits work It’s all too human to put off a difficult step like filing bankruptcy until those threats seem real and […]
Car Crazy In Bankruptcy Court
My client wants to keep paying on his car after bankruptcy. The lender wants my client to keep paying on his car after bankruptcy. Yet it took an afternoon in court for a hearing set by the judge on approval of my client’s reaffirmation agreement with the car lender to get everyone what they wanted. What […]
Even The Rich & Famous File Bankruptcy
ESPN tweeted the names of some 60 professional athletes who have filed bankruptcy and asked which names surprised the Twittersphere. Included were Johnny Unitas, Bernie Kosar, Mike Tyson, Dorothy Hamill, Gaylord Perry of my very favorite baseball team, and Roscoe Tanner, from my very favorite university. While titillating reading, none of them surprised me. Bankruptcy is not […]
Skip Filing Your Tax Return And The Tax Lives Forever
It’s tax season and tax myths are everywhere. Know what the most dangerous one is? If you can’t pay the tax on the return, you’ll escape collection action if you keep a low profile by not filing the return. I hear it repeatedly, each year, year after year. And it’s wrong, over and over. Four […]
Bankruptcy Alphabet: W is for Wait
W is for Wait in my Bankruptcy Alphabet. As in “Wait! Wait! Don’t file yet.” Timing a bankruptcy can be critical. Sometimes, the bankruptcy journey begins, not with a mad dash to the courthouse, but with a short wait. Having made the decision to get out of debt, why would you wait? Many reasons, most of […]
- « Previous Page
- 1
- …
- 19
- 20
- 21
- 22
- 23
- …
- 28
- Next Page »
