Top Three Causes of the Foreclosure Crisis

The Republicans Most conservatives favor economic deregulation as a means to reduce the government’s size.  It stands as no surprise that George W. Bush never met a banking deregulation law that he didn’t like.  Many Bush-era laws contributed to an attitude that all...

Bankruptcy and Tax Debt

Unless you are expecting a refund check, any correspondence from any taxing authority is always bad news.  Personal bankruptcy, through Chapter 7 or Chapter 13, can sometimes eliminate some tax debt. Whenever the lawyer uses words like “sometimes” and “some”, you know...

Bankruptcy and Eviction

Frank lost his job last year.  Since then, he’s been using unemployment checks and the occasional temporary job to pay the bills.  But those revenue streams have run dry, Frank is already a month behind on his rent, and the first of next month is coming up fast. Even...

Personal Bankruptcy and Unsecured Debt

A sluggish job market means increased personal debt.  Jobless consumers are obviously affected, but even those with jobs may find their wages frozen.  The situation will probably not improve anytime soon.  Maybe your family, or someone you know, is facing mounting...

Filing for Personal Bankruptcy, Part II

Do you think that Stockton, California is the only large city facing bankruptcy because of its financial priorities?  Think again.  The financial crisis of the late 2000s was severe and widespread and its strong ripples continue to this day.  No one was unaffected,...

Bankruptcy and Debt Collection

Even as the number of consumers hounded by debt collectors increases, and the tactics used by these collectors become more draconian, a safe harbor still exists under federal law: Chapter 7 bankruptcy. Many of your neighbors are burdened with large amounts of...