Tag Archives: Bankruptcy

Did Changing Bankruptcy Laws Cause the Mortgage Mess?

By Mark Lieberman, Senior Economist
Source: FOXBusiness
During the debate over changes in personal bankruptcy laws, bankers were tripping over themselves to get Congress to agree to changes to make filing personal bankruptcy more difficult. The changes, they argued, would make borrowers more responsible – and by the way reduce bank losses as debts could no longer […]

Fighting Abusive Debt Collectors

Monica Johnson was being harassed and threatened by debt collectors until she fought back and sued. As Susan Koeppen reports, this is one of many similar cases.
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The Legal Professional: US bankruptcies rise in 2009

Source: Credit and CollectionNews.com
(The Legal Professional)
Wednesday 10 March 2010
The USA lumps all kinds of insolvency proceedings under the single heading of “bankruptcy” and so its headline figures are misleading. But behind the headline figure - that there was a near-30% increase in 2009 as against 2008, there are some trends that indicate a deep malaise […]

DFW, Frisco, Mckinney & Plano

What you need to know to save your house. Since 1996, I have seen clients who are faced with a foreclosure on their homes who were never informed by their mortgage lender that Chapter 13 could be filed to pay back the missed mortgage payments over 36-60 months in a Chapter 13 Plan while allowing […]

BANKRUPTCY PROTECTION FROM FOREIGN CREDITORS

Does bankruptcy protect me against debts from
other countries?
By David Leibowitz, Illinois and Wisconsin Bankruptcy Attorney on Jun 21, 2009 in General Bankruptcy
Information
Clients frequently face debts from countries other than the United States. If you file a bankruptcy case in
the United States, what is the effect on your debts from overseas?
We tell clients not to worry […]