Blogs

Like many of you, I was absolutely devastated to hear the news of Tom Petty’s passing this last week.  For forty years Tom and the Heartbreakers have sung wise at just about every step and turn of my life.  I’m sure a lot of folks feel this way.  There are many reasons to respect Tom.  The sheer longevity of

Things are starting to look up for U.S. Retailers going through bankruptcy.  Recently, more creditors are extending a helping hand and allowing a greater number of retailers to retain their stores and employees.

Yesterday was the twenty-second anniversary of OJ Simpson’s acquittal in the deaths of Nicole Brown Simpson and Ronald Goldman.  And while he may have escaped prison, or worse, for the deaths of these people, he cannot, appar

A new report by the Consumer Financial Protection Bureau show that about one in five Americans struggle to pay for life’s basic needs to include food, shelter and medical care. It further states that while roughly one-third of consumers have a hard time making ends meet.

Kentucky Social Security Administration (SSA) disability attorney Eric Conn is still on the run.

Recently, my colleague, Mr. Grant McNutt, posted an excellent article discussing bankruptcy exemptions in Alabama. As he noted in his article, a bankruptcy exemption is the value of certain property owned by a debtor in bankruptcy which property cannot be touched by creditors or a bankruptcy trustee.

Under bankruptcy law, debtors are permitted to claim exemptions.  Exemptions allow a debtor to exempt or remove property from the bankruptcy estate to protect it making it unavailable to the trustee or creditors for liquidation.  Each state has its own exemption laws;  however, there are times when it is appropriate to use federal exemptions.  An attorney would need to determine what set of exemptions a debtor should claim.

Numbers have certainly increased during the last five years when it comes to identity theft. With the recent Equifax breach and the fallout therefrom, it is more important now than ever to be vigilant about protecting your identity and minimize the risks that you will be one of the ones injured by security breaches and the like. Below are a few tips to keep in mind:

When someone files chapter 7 bankruptcy and owes money on a secured debt (i.e., car note, furniture loan), they must make a decision by stating their intentions on what they want to do with the collateral securing those type loans.  The options to choose from are: