Category Archives: Bankruptcy Code

The Truth About Bankruptcy

My colleague Jamie Ryke of Second Start Bankruptcy Law Firm talks about how staying alive often means filing bankruptcy, and how some people let the stigma of bankruptcy effect their better judgment. Bankruptcy is a legal device that is intended to help you from losing everything. Let us listen in to Jamie Ryke […]

Bankruptcy Filings Highest Since Bankruptcy Reform Went Into Effect

According to Credit Slips, a blog dedicated to credit and bankruptcy, bankruptcy filings in the U.S. are now at their highest daily rate since the 2005 changes to the federal bankruptcy law.  There were 79,198 bankruptcy filings in February 2008, or 3,959 new filings per day. That is an increase of 28% over the same […]

Elizabeth Warren Discusses The Pressures Confronting The Two Income Family

Elizabeth Warren is a professor at Harvard University School of Law that is well known for her research on economic issues and bankruptcy. She has written books on th subject, appeared before Congress on the subject, and teaches law on the subject. Here she discusses the economic pressures confronting the two income family […]

What Amount Of Equity Is Protected In A Debtor’s Recently Purchased Homestead?

This question was recently answered by the United States Bankruptcy Court for the Western District of Texas in a decision by Judge Frank Monroe entitled In re Fehmel , Case No. 07-60831 (Bankr. W.D. Tex 5/22/08).
Texas is a state that tries to protect all of the equity of a home of a person or family […]