The cracks are starting to appear in the National Mortgage Settlement. The cracks indicate a blatant cheating of loan modifications and practices through Bank of America. The Miami Herald has reported that Florida’s Attorney General, Pam Bondi believes that Bank of America has failed “to follow the rules of a national mortgage settlement reached last […]
Bank of America Cheats On Loan Modifications Read More »
The Wall Street Journal recently reported that the City of Detroit has hired a bankruptcy attorney to tell their creditors to accept pennies on the dollar or be completely wiped out if the city files bankruptcy. Kevyn Orr is the bankruptcy attorney that has been hired by the governor of Michigan to negotiate this debt
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Do you remember when you were a kid and you hesitated to get in the water? Were you the kind of kid that slowly got in or did you just take the plunge? Do you remember how good it felt when you finally made the jump? As a kid, I remember thinking to myself, “This
Taking The Refreshing Plunge Into Filing Bankruptcy Read More »
As a general rule, I do not think it is ever a good idea to reaffirm a mortgage in a Chapter 7 bankruptcy case. When you reaffirm a debt, you basically re-obligate yourself on it and make yourself personally liable for something you could have eliminated in a Chapter 7. However, most of my clients
Should I Reaffirm My Mortgage in a Chapter 7 Bankruptcy? Read More »
Since June is just around the corner, we are getting a lot of calls from potential bankruptcy clients who are asking, “Should I file bankruptcy before I get married?” Love is in the air. I can just hear that song right now. Click here if you want to know what song I’m singing. The important
Should You File Bankruptcy Before You Get Married? Read More »
The Atlanta Journal and Constitution reported today that 2,400 new jobs are coming to Dalton and Chatsworth. As a bankruptcy attorney that has clients from both Dalton and Chatsworth, I can personally attest to the fact this area has been hard hit by this awful economy. I’ve seen a lot families use Chapter 13 to
AJC Reports that 2,400 New Jobs Are Coming to Dalton and Chatsworth Read More »
A person walks into my office under a sever amount of financial stress. They have not slept well in weeks. Creditors are calling them day and night. It feels like the world is crashing down upon them. Chapter 13 comes to the rescue. They leave my office feeling like a great weight has been lifted
Chapter 13 Plan Payment – What Does It Include? Read More »
Chapter 13 bankruptcy can be a great tool for paying off an IRS tax lien without having to pay the entire amount owed on the lien. However, you must understand that in dealing with the IRS in bankruptcy, there always seems to be exceptions. If you want to know how the law applies to your
Bankruptcy – Eliminating an IRS Tax Lien With Chapter 13 Read More »
I love that scene in Sudden Impact where Clint Eastwood says to the bad guy, “Go ahead. Make my day.” I know that some people get so frustrated with nasty debt collectors that sometimes they just want to face them off Clint Eastwood style. However, in the state of Georgia, this is a bad idea.
What Can a Georgia Creditor Do To Me After the Judgment? Read More »
How do you know when it is time to file bankruptcy? In this blog post, I would like to illustrate some examples of when filing bankruptcy is urgent and when it is not. Urgent Bankruptcy Situation #1 If your house has been scheduled to foreclose, do not make the mistake of waiting until the last
When is it time to file bankruptcy? Read More »