Bankruptcy Alphabet: N is for Numbers and New Bankruptcy Laws

numbers

This article is part of my bankruptcy alphabet series People are Not Numbers When numbers are used to identify people, it’s usually when they are in prison.   The Bankruptcy laws used to be about helping out people (and businesses) in need.   They were about equitable solutions to serious financial problems.   Laws in general are [...]

You Can Still Eliminate Credit Card Debts and Taxes in Chapter 7

You can still get rid of credit card debt and certain taxes in Chapter 7 bankruptcy cases

Bankruptcy Attorneys and Debt Relief Agencies

I write this post to clarify the definitions of a “bankruptcy attorney” and a “debt relief agency” (“DRA”) because, at least according to one recent client, there is a substantial amount of confusion over these terms. A bankruptcy attorney is an attorney (or lawyer), licensed to practice in the courts of whatever jurisdiction he is [...]

Will Obama Change the Bankruptcy Laws?

Of the many important issues in this year’s presidential race, bankruptcy laws still rank among them, at least in Barack Obama’s view. For those who don’t know, the bankruptcy laws were dramatically complicated in 2005 after years of lobbying by the credit card industry, and numerous vetoes (or at least threatened) by President Clinton. The [...]