atanner's blog

Getting twisted into a timeshare can be a real life lesson. Sometimes, that is what will drive people to look at bankruptcy in the first place. The simple answer as to whether or not you can file bankruptcy on a timeshare is yes. There are, however, some intricacies in including a timeshare in a bankruptcy.

Millennials, also referred to as generation Y, appear to be carrying a heavy load of debt. Millennials are the generation of young people who matured into young adults around the year 2000. CNN money recently reported that 4 in 10 millennials say they are “overwhelmed” by their debt according to a study done by Wells Fargo.

The National Consumer Law Center (NCLC) has recently surveyed the exemption laws of all fifty states, the District of Columbia, Puerto Rico, and the Virgin Islands. What NCLC found is that NOT EVEN ONE jurisdiction’s exemption laws meet basic standards of living that would allow a debtor to continue to support themselves and their family.

Super Lawyers Magazine annually publishes a list of the top attorneys in Alabama. Super Lawyers rates outstanding attorneys from seventy or more practice areas based on peer recognition and professional achievement. The selection process is multi-phased and the lawyers are chosen by considering a combination of peer nominations, independent research and peer examinations.

The women’s retail clothing store, Coldwater Creek, filed for Chapter 11 Bankruptcy Protection on April 11, 2014 in Wilmington, Delaware after efforts to sell the company failed.

The Internal Revenue Service (IRS) has recently issued a statement warning taxpayers about a nationwide scam that is being carried out by telephone and email. Scammers are calling innocent taxpayers and demanding payments with a prepaid debit card or a wire transfer.

Contrary to general belief, you can discharge tax debt in a bankruptcy if the tax debt meets certain and specific criteria. Some of the initial questions to ask are whether the tax returns are deemed filed, what constitutes a tax return, and when was the tax assessed.

Most divorce decrees and marital settlements will address the debts that exist at the time the parties separate. There is usually some type of division of the debt. Most couples have debt that turns out to be his, mine and ours. The only party that the creditor is interested in is the person who is actually liable on the debt.

The short answer to this question is NO. Once you file any form of bankruptcy, the automatic stay takes effect. It is a clear violation of the automatic stay for a creditor to activate a car shut off device after the filing of a bankruptcy.

Scammers seem to get savvier every day. There is a new scam going on that begins with a phone call, usually to your cell phone. I have received a few of these calls myself on my cell phone. The caller will tell you that you have won either the Publisher’s Clearinghouse sweepstakes or a Caribbean cruise. Sounds great…right?