by Chris Ebert | Jun 29, 2012 | General
The United States has a well-deserved reputation as a generous nation. Over the past ten years, Americans have given trillions of dollars to charity. Yet much of this giving goes to faceless people in remote areas (an earthquake in Haiti or a tsunami in Japan). When...
by Chris Ebert | Jun 25, 2012 | General
For many people bankruptcy creates a moral dilemma. Many of us are taught to always repay our debts. Sometimes, bankruptcy lawyers dance around this issue by pointing out that hundreds of thousands of people file bankruptcy each year, including people like Walt Disney...
by Chris Ebert | Jun 18, 2012 | General
When selecting a bankruptcy attorney, it’s very important to ask about the lawyer’s “exit plan”. In other words, what will you do for me after I file my voluntary petition? There are a number of perfectly competent bankruptcy lawyers whose eyes will glaze over the...
by Chris Ebert | Jun 15, 2012 | General
General Motors General Motors filed Chapter 11 bankruptcy in 2009, after having lost about $100 billion in the 2000s and losing its spot as the world’s top-selling auto maker. Just two years later, GM posted a $7.6 billion profit, the largest profit ever in the...
by Chris Ebert | Jun 11, 2012 | General
“A verbal contract isn’t worth the paper it’s written on” – Samuel Goldwyn Are you breathing a sigh of relief because the moneylender promised to give you a break? One court recently held that a moneylender is not bound by an oral promise that it makes. Always...
