Did Toni Braxton Make a Mistake By Filing Bankruptcy Again?

R&B and pop Singer Toni Braxton filed bankruptcy for the second time in 12 years in October. Despite selling over 40 million records, she listed between $10-50 million in debts on her Bankruptcy Schedules in her second filing. Braxton filed papers earlier in her bankruptcy notifying the court of...

What’s a Troubled Homeowner to do?

Because you generally cannot modify your mortgage on your primary residence in a bankruptcy case, I often suggest that people who are most troubled by their mortgage debts seek assistance outside of bankruptcy. I had high hopes for the Obama mortgage programs, including the Home Affordable Mortgage...