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Statistics

If the unemployment rate goes down, the decrease is not necessarily due to an increase in job opportunities.  Many times, the unemployment rate goes down because workers leave the workforce for various reasons.  The same is true of the bankruptcy filing rate. ...

The Cost of Filing Bankruptcy

In the Dallas area, the amount of money that an attorney can charge is pretty much set.  It doesn’t matter if you are filing a voluntary petition under Chapter 7 or Chapter 13.  What really matters is the type of the attorney that you hire.  Before you give any...

Missing Property

He may live in a pineapple under the sea, but a defunct California company cannot seem to locate 76 sets of SpongeBob silver coins.  No word yet of any Patrick or Squidward memorabilia. While this matter may not involve a do-it-yourself bankruptcy, this story...

Are You Smarter Than. . .?

For those of us (this blogger included) who are mathematically challenged, consider this simple equation: 0.8 – 0.4 = Debt.  In September 2011, consumer spending rose 0.8% while personal income climbed 0.4%.  How will American families bridge the gap between the two...

Joblessness and Bankruptcy

In the “new economy”, it is not uncommon for workers to risk their pride or their freedom or even their lives in an effort to find or retain a job.  All of us feel the pressure to pay bills and meet our obligations, while at the same time trying to save some money....