Defenses to a Preferential Transfer Suit
Submitted by the Bond & Botes Law Offices - Tuesday, March 10, 2015
In my last blog, I described what constitutes a preferential transfer under the Bankruptcy Code. Now I’ll go into a few of the defenses a creditor might have to a preference lawsuit by the bankruptcy Trustee. These defenses, as well as several others, are set forth in
Helping Homeless Veterans
Submitted by the Bond & Botes Law Offices - Monday, March 9, 2015
Promised Land: VA Deal to House Homeless Los Angeles Veterans
In a saga that spans several years, new VA Secretary Robert McDonald recently reached an agreement that will help house many homeless veterans in the Los Angeles, California area. This saga goes back to the late 1800s and involves very expensive California property. The story can be found here.
50th Anniversary of the Selma-to-Montgomery Voting Rights March
Submitted by the Bond & Botes Law Offices - Thursday, March 5, 2015
Tips on Improving Your Relationship with Your Attorney
Submitted by the Bond & Botes Law Offices - Wednesday, March 4, 2015
Can Student Loan Creditors Take my Tax Refund or Garnish my Wages?
Submitted by the Bond & Botes Law Offices - Monday, March 2, 2015
If you are in default on your student loan, the student loan creditor, or the collection agency for the student loan creditor can seek to garnish your wages or take your tax refund to offset the loan amount. A tax offset is where the Department o
Strategies for Eliminating Debt
Submitted by the Bond & Botes Law Offices - Friday, February 27, 2015
Common Issues in Chapter 13 Bankruptcy
Submitted by the Bond & Botes Law Offices - Thursday, February 26, 2015
Married Couples: Don't Keep Your Finances a Secret!
Submitted by the Bond & Botes Law Offices - Tuesday, February 24, 2015
In several recent consultations with prospective clients and current clients, I have noticed a recurring theme; too many married couples keep their finances separate. Neither spouse knows how much income the other is making or the amount of debt the other owes and sometimes a combination of the two.
Is Earned Income Tax Credit Protected in Chapter 7 Bankruptcy
Submitted by the Bond & Botes Law Offices - Monday, February 23, 2015
In Alabama, the answer is YES. If you are receiving a tax refund that includes an earned income tax credit (EITC), then that portion of your refund is protected pursuant to Alabama Code § 38-4-8 (1975). In 2005, the Eleventh Circuit of the United States Court of Appeals answered this question directly in the case of In re James, 406 F.3d 1340 (11th Cir 2005), by finding that Alabama Code § 38-4-8 protects
Don’t Let Your Financial Stress Lead to Health Problems
Submitted by the Bond & Botes Law Offices - Friday, February 20, 2015
According to recently released results of a survey conducted by the American Psychological Association (APA), nearly three fourths of Americans are experiencing extreme financial stress. The majority of these are parents, younger generations and lower-income households.