Bankruptcy may make it possible for you to: Eliminate the legal obligation to pay most or all of your debts. This is called a “discharge†of debts. It is designed to give you a fresh financial start. Stop foreclosure on your house or … [Continue reading]
What Is Bankruptcy?
Posted on December 30, 2008 Written by
Bankruptcy is a legal proceeding in which a person who can not pay his or her bills can get a fresh financial start. The right to file for bankruptcy is provided by federal law, and all bankruptcy cases are handled in federal court. Filing … [Continue reading]
How Do I Find a Bankruptcy Attorney?
Posted on December 29, 2008 Written by
As with any area of the law, it is important to carefully select an attorney who will respond to your personal situation. The attorney should not be too busy to meet you individually and to answer questions as necessary. The best way to find a … [Continue reading]
Can I File Bankruptcy Without an Attorney?
Posted on December 29, 2008 Written by
Although it may be possible for some people to file a bankruptcy case without an attorney, it is not a step to be taken lightly. The process is difficult and you may lose property or other rights if you do not know the law. It takes patience and … [Continue reading]
Bankruptcy Help Still Available
Posted on December 29, 2008 Written by
A decision to file for bankruptcy should be made only after determining that bankruptcy is the best way to deal with your financial problems. This brochure can not explain every aspect of the bankruptcy process. If you still have questions after … [Continue reading]
Check Out Bankruptcy Law Network and Sister Sites on Mortgages, Debt and Credit
Posted on December 27, 2008 Written by
I invite you to read about consumer bankruptcy law at Bankruptcy Law Network. It has been my pleasure to join 24 bankruptcy lawyers and consumer advocates from around the country in writing blog posts for BLN, which has become, in less than two … [Continue reading]
Pets Abandoned in Hard Times
Posted on December 27, 2008 Written by
People struggling financially are making tough choices and are being forced to give up their pets. Almost daily people are bringing dogs and cats they can no longer care for to the Topeka animal shelter. Recently a man brought in two skinny dogs, … [Continue reading]
Conversion Moots Negative Equity Case
Posted on December 21, 2008 Written by
Court watchers will have to wait for another case to find out how the U.S. Court of Appeals for the Tenth Circuit will rule on the so-called negative equity issue. Â The Court dismissed the appeal in In re: Hunt, No. 07-3297, as moot after the … [Continue reading]
Mortgage Creditor Denied Bankruptcy Attorneys Fees
Posted on December 21, 2008 Written by
A mortgage creditor may not include attorneys fees in its chapter 13 bankruptcy proof of claim unless the loan documents expressly allow creditor attorneys fees for bankruptcy proceedings, Judge Janice Miller Karlin ruled this week. U.S. Bank Home … [Continue reading]
NCLC Collects Mortgage Modification Information
Posted on December 20, 2008 Written by
National Consumer Law Center (NCLC), America's consumer law experts, has collected information about the mortgage industry and government sponsored loan modification programs for combating foreclosure. Loan Modification Programs Chart … [Continue reading]
One Million Bankruptcies and Climbing
Posted on December 16, 2008 Written by
Bankruptcy filings topped the one million mark for the first time since most of the Bankruptcy Abuse Prevention and Consumer Protection Act BAPCPA) went into effect October 17, 2005. That is a whopping 30% increase across the nation! Kansas … [Continue reading]
Free Web Videos on Filing Bankruptcy
Posted on December 14, 2008 Written by
Free web videos on about filing for bankruptcy are now available on the federal court website: Introduction Types of Bankruptcy Limits of Bankruptcy Filing for Bankruptcy Meeting of Creditors Bankruptcy Crimes Court … [Continue reading]
Attorneys Attend Kansas City Chapter 13 Bankruptcy Mortgage Seminar
Posted on December 14, 2008 Written by
In our never ending quest to stay current on developments in bankruptcy law, Mark Neis and Jill Michaux attended an all-day seminar in Kansas City on a new court rule for paying delinquent mortgages through a chapter 13 bankruptcy plan … [Continue reading]
Walking Away from the House
Posted on December 9, 2008 Written by
Cathy Moran, my blogging colleague on the Mortgage Law Network, discusses whether you should prevent foreclosure and keep the house. Walking away from the house is one solution for a homeowner who can’t afford to repay the mortgage loan balance … [Continue reading]
GAP Insurance Not In Car Lender's PMSI
Posted on December 7, 2008 Written by
GAP insurance, service contracts, administrative fees and the traded-in car payoff are not part of a car lender's purchase-money secured claim in chapter 13 bankruptcy and can be crammed-down if the car is worth less than the loan balance, Judge … [Continue reading]
