Blogs

Just finished reading an article that was originally published in the New York Times on 1-9-15 entitled, “Debt Buyer Faces Fine in Doubtful Lawsuits”. As a bankruptcy and consumer law attorney, I read the article with great interest and it confirmed what I have previously thought and observed.

Important Change in the VA Claims Process

I get asked this question a lot and it is because many people truly believe that after filing bankruptcy that they are going to lose all their assets they currently own and/or they have to wait a period of time to acquire an asset after filing.

"My daughter, Meredith Botes, is a 21 year old senior at Faulkner University in Montgomery, Alabama. She has recently taken the LSAT (Law School Admission Test) and is considering attending law school after graduation. Needless to say, her mother and I are very proud of her. Meredith is home for a few weeks prior to leaving for Italy where she will "study abroad" for the Spring Semester.

The Supreme Court made an important ruling in 2014 concerning inherited IRAs.   In Clark v. Rameker , the Court unanimously held that unlike a self-funded IRA, an inherited IRA is not protected in bankruptcy.

A New Year usually brings a New Year’s resolution.  Is one of your resolutions getting your finances in order?  Are creditors calling you daily about late payments or overdue accounts?  Do you struggle at night getting

Federal student loans are pretty much bulletproof.  Even if you file for bankruptcy, while they are categorized as unsecured nonpriority debts they are still for the most part non-dischargeable along the lines of unsecured priority debts.  So you are pretty much stuck with them -- for life!

New Year’s is a time for reflection and renewal.  It is also a time for resolutions.  Most people resolve to improve their physical health (lose weight, exercise more, quit smoking, etc).  This year you should resolve to improve your “Fiscal” health.  The purpose of Fiscal fitness is to improve your financial health.  So, here are some easy steps to get yo

In most instances, when a person (referred to as the “debtor”) files a bankruptcy case, there immediately arises an “automatic” stay protecting that debtor against almost all types of debt collection activity.