President Barak Obama announced the signing of the “Student Aid Bill of Rights” before an enthusiastic crowd of over 9,000 supporters at Georgia Tech University. In a similar move, President Obama directed the Treasury Department, Education … [Read more...]
When Do I Start Receiving Bankruptcy Benefits?
In some ways, your financial fresh start occurs the moment you file for bankruptcy, as your creditors are immediately prevented from taking actions against you or your property to collect their debts. The debts are then officially wiped out when you … [Read more...]
Dealing with an Aggressive Creditor
Protecting Yourself from Creditor Harassment Most of us want to pay our bills in a timely manner, and we often try hard to work with creditors when we get behind. But some creditors are relentless, calling and writing incessantly in an attempt to … [Read more...]
‘No One Gets A Free House’
Courts in New Jersey, Pennsylvania and elsewhere have repeated this phrase quite a bit since the mortgage crisis began in 2009. Distressed homeowners burdened by mortgages that had become unaffordable complained of unfair lending practices, both … [Read more...]
Is Your Past Haunting You?
The Zombie Apocalypse probably won’t occur, but these creatures can still haunt your credit report, even if you filed bankruptcy. Also known as debt scavengers, zombie debt-buyers purchase delinquent credit card accounts, overdue payday loans and … [Read more...]
The Two Most Common Personal Bankruptcy Options
Your Personal Bankruptcy Options If you are considering filing for personal bankruptcy protection, you can easily be confused about the different options available to you. Here are the basic options for obtaining personal bankruptcy … [Read more...]
Can An Attorney Help Me Modify the Terms of a Loan?
Can a Lawyer Help You Obtain a Loan Modification? You may be experiencing financial difficulties and considering a bankruptcy filing to get a fresh start. However, your problem may be limited to one or a couple of loans that you simply can’t afford … [Read more...]
Should You File For Bankruptcy?
One of the crucial reasons that individuals file for bankruptcy is to receive relief from their creditors. The initial relief arrives in the form of an automatic stay. The automatic stay goes into effect immediately upon filing for bankruptcy. In … [Read more...]
“Meaningful Review” by Collections Attorneys
U.S. District Judge Kevin McNulty, in the District of New Jersey, ruled last week in Bock v. Pressler & Pressler that a debt collection law firm violated the FDCPA (Fair Debt Collection Practices Act). The law firm apparently did not conduct a … [Read more...]
Do I Really Need a Lawyer to File for Bankruptcy?
Filing Bankruptcy on Your Own — Can You??? Should You??? When you are struggling to make ends meet and have concluded that your best option is probably to file for protection under the federal bankruptcy laws, the last thing you may want to think … [Read more...]
