Addition and Subtraction
Bank of America recently announced that it would be forgiving the second mortgages of some 150,000 “pre-qualified” homeowners. Of course,…
Big Brother is Watching…
…but not necessarily watching out for you. For macroeconomic reasons that this blogger frankly has problems understanding, the government wants…
Happy Days Are (Never Coming Back) Again?
In the past, the economy has generally been cyclical: a period of prosperity followed by a period of recession followed…
Top Five Bankruptcy Filing Mistakes
A voluntary petition for protection under Chapter 7 or Chapter 13 of the Bankruptcy Code is a like your personal…
Bankruptcy Changes
When selecting a bankruptcy attorney, it’s very important to ask about the lawyer’s “exit plan”. In other words, what will…
Top Three Newest Recoveries from Bankruptcy
General Motors General Motors filed Chapter 11 bankruptcy in 2009, after having lost about $100 billion in the 2000s and…
Failing to Plan and Planning to Fail
From the world of sports comes an object lesson in financial planning. You may or may not remember the 2004…
And The Band Played On
Since 1950, when the most popular television show in the United States was Texaco Star Theater and Congress established a…
Top 4 Dischargeable Debts
4. Medical Bills Even if you have medical insurance, medical bills resulting from a serious illness can average over $13,000.00…
The Bankruptcy Prejudice
The United States has a well-deserved reputation as a generous nation. Over the past ten years, Americans have given trillions…