One of the most ironic and strangest things about
bankruptcy is that you have to have money in order to file a bankruptcy case.
You will have to pay filing fees and credit counseling fees. You will also have
to at least hire a petition preparer to...
As reported on Law.com , the New York state court system has directed
lawyers moving for foreclosures to file an affirmation that they have verified
the accuracy of the papers they are filing in support of the foreclosure. While
lawyers regularly operate...
A bank's foreclosure on U.S. Army Sgt. James Hurley's
house presents another reason- in a long line of reasons- that the American
legal system must be revamped. Maybe, our legal system should be more like the
British system where the loser...
Have you recently checked your credit report
and discovered a debt you thought you had paid or are continuing to pay is
labelled "charged off"?
Nothing may be more frustrating, especially when you have
paid the debt.
I had a car loan...
If you ever needed proof that tax refund anticipation
loans are bad idea for the borrower, just take a look at what is happening to
Jackson Hewitt's share price has plummeted 42% to a record low as the company
faces the prospect...
The city of Central Falls, R.I., battered by debt and
years of financial woes, has filed for bankruptcy protection.
Central Falls has Rhode Island's highest unemployment
rate - about 15 percent - and the state's lowest per-capita income,...
As reported in the Wall
Street Journal's Bankruptcy Blogs , the House Judiciary Committee heard from
various judges, lawyers and academics on bankruptcy forum rules.
Right now, a corporation can choose where to file a
bankruptcy case based on...