Bankruptcy
Is Bankruptcy the Right Thing for Your Family?
The news seems bad, all over. After jobless claims rose to a seven-year high last week, and compounded by the Congressional vacillation over the bailout legislation, the stock market continued a downward trend. Factory orders fell by the largest amount in four years, and if that wasn’t enough to get you good and depressed, the [...]
Bailout Deal Reached; No Help For Foreclosure Victims
UPDATE: From The Huffington Post comes this article by Dean Baker: Why Bail? - arguing there is no good reason to bail out Wall Street and several good reasons not to lift a finger.
In the immortal words of Little Richard: Good Golly, Miss Molly. What the bejeebers is going on with this economy?!
Well, we pick [...]
Is Bankruptcy Reform On Its Way Out?
Maybe, if we don’t act now.
News isn’t encouraging this morning. After Senator Obama sold us out changed his mind and stated his belief that the mortgage reform angle was “probably something we shouldn’t try to do in this piece of legislation” predictably the rest of the party followed suit and declared the issue a “nonstarter.” [...]
More on Bailout + Bankruptcy Reform
The National Association of Consumer Bankruptcy Attorneys* has joined the growing chorus of voices demanding that Congress not give in to rampant bullying pressure to act hastily in passing bailout legislation (something I wrote about on this blog right here). As I did in that post, they’ve suggested some language for others (specifically, bankruptcy attorneys) [...]
From Sheryl: Meet Me At the Library For Free Legal Clinic
You might have seen me on TV last week, if you’re in the viewing area of WBTW! I was thrilled to be able to present an informal lecture for the public on the topic of bankruptcy and the recent upheaval in the economic sector last week, and Thema Ponton from WBTW asked to interview me [...]
URGENT Call to Action: Timing May Be Right for Bankruptcy Reform
UPDATE: There’s an even better letter you can copy and edit to send to your representatives about this issue in a more recent post I wrote about the need for bankruptcy reform as part of the legislative fix for the economy.
The Story So Far: Bailout Pending for the Big Guys Only
I read today in my [...]
Did A Serial Killer “Conceal an Asset” By Not Listing Rights to His “Story” On His Chapter 7 Schedules?
The Louisiana (Baton Rouge) Chapter 7 Trustee apparently thinks so.
Here’s the backstory on Derrick Todd Lee, aka “The Baton Rouge Serial Killer” (I guess the acronymic and descriptive monikers well was running dry?).
On one of the bankruptcy law listservs I subscribe, one of our Louisiana colleagues mentioned that the convicted killer’s chapter 7 trustee this [...]
Now, South Carolina Residents Can Protect More Property
Sheryl told you about Governor Mark Sanford’s veto of a new exemption bill, which determines how much property can be protected from creditors. The South Carolina statutory amounts hadn’t been changed since 1979. The good news is that lawmakers in Columbia voted overwhelmingly to override the governor’s veto, and the new measure [...]
Seniors, Hit Hard By Economic Downturn, Are Filing Bankruptcy More than Other Segments
According to a new study that will be released formally today to a Congressional committee, senior citizens are filing for bankruptcy protection at “sharply faster rates” than other segments of the population. (See the full article on the study at USAToday.com.)
This should surprise no one. The elderly among us are often a bellwether of sorts [...]
Governor Sanford Vetoes Exemption Bill — Call Your Reps!
Governor Mark Sanford inexplicably vetoed the exemption bill that I discussed here, that received wide and bipartisan support in both houses of the General Assembly.
Call your representatives today, please, and express your support for this law, asking them to override the governor’s veto. This is urgent.
And remember this, when you make your [...]
Categories
- Arbitration Agreements
- Attorney-Client Relationship
- Back to Basics
- Bankruptcy
- Bankruptcy Estate
- BAPCPA 2005
- Cars and Consumers
- Consumer Law In the News
- Consumer Law Policy
- Credit Card Debt
- Debt Collection
- Elsewhere in Other Blogs
- Foreclosure Crisis
- Identity Theft
- Meta
- Mortgages & HELOCs
- Palmetto Pride
- Personal Finance
- Predatory Lending
- Pro Bono/LRE
- Tax Law & You
- UDAP & Consumer Law
- WOW
