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Tag : bankruptcy trends

Bankruptcy Trends Update 2013

Bankruptcy Law Overview

Bankruptcy filings will continue to stay strong throughout the remainder of 2013 and beyond, why? The signs of a stalled economic recovery are everywhere, if you look.  Student loan debt is a major burden on the economy as many struggle to stabilize the loans and obtain an affordable repayment program. Have you read this article […]

Bankruptcy Trends for 2011

Bankruptcy Law Overview

It’s that time of year again where I gaze longingly into my crystal ball and make my predictions for the future of the American Dream; America’s fresh start; and the demise of our mountain of debts.  Despite the continued negative stigma of bankruptcy and it’s “last resort” paradigm, bankruptcy filings in the U.S. continue to […]

Defending a Dischargeability Action in Chapter 7

Bankruptcy Law Overview, Chapter 7

At times our clients will sail through their bankruptcy case without any offense from their creditors.  At other times, it seems that our clients must fight for their rights. If you’re among the unfortunate debtors who find themselves being sued in their Chapter 7 bankruptcy case you cannot ignore the Summons and Complaint.  If you’ve […]

Bankruptcy as Retirement Planning Strategy

Chapter 7

There is a growing need for those entering their ‘golden years’ to face the reality of a fixed income that once looked like a hefty savings plan, plus Social Security is now Social Security alone; if you’re lucky.  The stock market plummet has cut many Baby Boomer’s nest eggs by as much as 50% with […]

Bankruptcy Filings Soar in 2010

Bankruptcy Law Overview

As debtor’s counsel, I get the sense that many Americans who need to file for bankruptcy are avoiding it still because of its stigma and the myths fed to them by their government, creditors, family and friends.  In spite of the ‘file bankruptcy as a last resort’ method to financial reform for American households, filings […]

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