Do many people file bankruptcy due to health problems and the resulting bills?
Yes. The results of a study featured in the American Journal of Medicine in 2009 found that – 62.1% of all bankruptcies have a medical cause. Most medical debtors were well educated and middle class;...
View ArticleIn most cases you should be able to keep your motor vehicle, However –
There are a number of important considerations: What is the value of your car? Do you own, the car outright or are paying off a car loan? If you are paying off a loan, how much is left? Do you have...
View ArticleWho is the Trustee and what will the Trustee ask me at the Meeting of Creditors?
The Trustee is the presiding officer at the Meeting of Creditors. The meeting does not occur in a courtroom. After you are sworn in the trustee is required to ask you questions about your petition –...
View ArticleWhat is and what happens at the meeting of creditors?
The Meeting of Creditors: a Brief Overview The meeting of creditors is conducted by the trustee assigned to your case. The meeting of creditors gives the trustee and others a chance to ask questions...
View ArticleThe Early Show: Student loan debt exceeds $1 trillion
As the attached video shows, student loans are a giant problem that is not going away. For one thing they are no longer dischargeable in bankruptcy except for all but the most extreme situations....
View ArticleObama to offer student loan relief
WASHINGTON—Millions of student loan borrowers will be eligible to lower their payments and consolidate their loans under a plan President Barack Obama intends to announce Wednesday, the White House...
View ArticleThings are not looking too sharp for Kodak
For over a century Kodak has been one of the premier companies in America. Once upon a time it created the most well regarded product in its field in the form of Kodachrome slide film. If you were a...
View Article23 1/2 hours: What is the single best thing we can do for our health?
This shortand very popular Youtube video was sent by a friend. The advice given will not help you with past healthcare bills. But boy will it reduce your future ones. Do yourself a favor and take a look.
View ArticleSomebody forgot to mention a lawsuit. . .
What is the worst that could happen? In a recent local bankruptcy case, E.S. had a personal injury claim against Vioxx that she failed to mention in her bankruptcy. It was an asset of her estate....
View ArticleOne of the rare instances when a debtor was able to discharge a student loan...
Discharging, that is to say getting rid of, student loan debt is probably one of most desired things in bankruptcy. Unfortunately, it seems to be next to impossible given the requirements of “undue...
View ArticleI think we could lose our home from a foreclosure or sheriff/constable sale....
If your house is in the midst of foreclosure, filing bankruptcy is a way to save your home. One of the most important things to remember is that you need to take action now. Too many people wait until...
View ArticleDo many people file bankruptcy due to health problems and the resulting bills?
Yes. The results of a study featured in the American Journal of Medicine in 2009 found that – 62.1% of all bankruptcies have a medical cause. Most medical debtors were well educated and middle class;...
View ArticleWhat is unique about the Automatic Stay?
The Automatic Stay— also known as the Stay– a feature of the Bankruptcy code whether you file a Chapter 7 or a Chapter 13 is really something. The Stay goes into affect as soon as your bankruptcy is...
View ArticleCould Mr P pay back a little each month for the next say 15 years?
Mr Pierrotti filed for a Chapter 13 bankruptcy to keep from losing his home. He had missed a few mortgage payments and the home was going into foreclosure. His bank and the IRS both had a security...
View ArticleDo many people file bankruptcy due to health problems and the resulting bills?
Yes. The results of a study featured in the American Journal of Medicine in 2009 found that — 62.1% of all bankruptcies have a medical cause. Most medical debtors were well educated and middle class;...
View ArticleIn most cases you should be able to keep your motor vehicle, However –
There are a number of important considerations: What is the value of your car? Do you own, the car outright or are paying off a car loan? If you are paying off a loan, how much is left? Do you have...
View ArticleWho is the Trustee and what will the Trustee ask me at the Meeting of Creditors?
The Trustee is the presiding officer at the Meeting of Creditors. The meeting does not occur in a courtroom. After you are sworn in the trustee is required to ask you questions about your petition —...
View ArticleWhat is and what happens at the meeting of creditors?
The Meeting of Creditors: a Brief Overview The meeting of creditors is conducted by the trustee assigned to your case. The meeting of creditors gives the trustee and others a chance to ask questions...
View Article23 1/2 hours: What is the single best thing we can do for our health?
This shortand very popular Youtube video was sent by a friend. The advice given will not help you with past healthcare bills. But boy will it reduce your future ones. Do yourself a favor and take a...
View ArticleSomebody forgot to mention a lawsuit. . .
What is the worst that could happen? In a recent local bankruptcy case, E.S. had a personal injury claim against Vioxx that she failed to mention in her bankruptcy. It was an asset of her estate....
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