Bankruptcy Alphabet: F is for Fraudulent Transfer

December 20, 2011
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Today, we move down our alphabet list to F for Fraudulent Transfer. Do you cut your own hair? Or fix your own brakes? How about self-diagnose and treat an illness? I only tried cutting my own hair once when I was 13. As you might imagine, it was a complete disaster. I cut my bangs [...]

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Bankruptcy Alphabet: E is for Emergency Fund

December 19, 2011

Continuing down the alphabet, we are at E for Emergency Fund. You probably have heard the old adage “pay yourself first.” Maybe you are like most clients I work with that say “as soon as I pay off all my of debts, I’ll start saving.” While this may seem like sound logic, consider the following [...]

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Bankruptcy Alphabet: D is for Do’s and Don’ts

December 17, 2011

Moving down the alphabet list, we’ll discuss the Do’s and Don’ts of bankruptcy in this post.  DO’S and DON’TS of Bankruptcy THE DO’s DO take bankruptcy seriously. It is a privilege and courts take a very dim view of abuse of that right. DO be honest. It is against the law to lie in bankruptcy [...]

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Bankruptcy Alphabet: C is for Cars

December 17, 2011

Will I lose my car if I file for bankruptcy? This is probably one of the most common question and concerns I address for clients contemplating bankruptcy. (I’ll also add Harley’s but that should go into its own separate category.) So, what happens to a car in bankruptcy? The answer to this seemly simple question [...]

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Bankruptcy Alphabet: B is for Borrow

December 16, 2011

Yesterday, we talked about asking the right people questions about debt. Today, we’re continuing our discussion and talking about borrowing. When you feel your financial world crumbling, there is a natural inclination to raise more money to pay down your. The most common examples of this is borrowing against retirement funds, from family, friends, home [...]

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Bankruptcy Alphabet: A is for Ask

December 15, 2011

We kick off the Bankruptcy Alphabet series with Ask. Too often, we fail to ask critical questions about debt because of feelings of embarrassment, shame or fear. I hope to be able to start a conversation about debt in general and spread good, useful, and sound information along with my colleagues around the country. Fear [...]

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Bankruptcy Alphabet From A – Z

December 14, 2011

A group of bankruptcy attorneys from around the country is writing about bankruptcy starting with A and ending with Z. Follow each link for more information, one letter at a time. *Denotes posts by JC Law Group PC. This post is a “sticky” and will stay on the top of the blog posts. a Abandonment [...]

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I can’t pay my student loan debt. Can bankruptcy help?

December 2, 2011

  According to a recent article in US Today, student loans will exceed $1 trillion this year. Unlike most other unsecured debts, student loans have a special status in bankruptcy in that it cannot be discharged (forgiven) through bankruptcy. I meet with a lot of clients who have a ton of student loans and struggling [...]

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Political Hostage

October 27, 2011

“Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other.”  Oscar Ameringer Bankruptcy is a political creature in its origin.  The right to create bankruptcy laws is written in the United States Constitution.   Congress over time has made use of [...]

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Ways to save money each month

October 8, 2011

With the advent of credit cards, debit cards, and electronic banking, it’s become so easy to spend. It’s also really easy to lose track of where your money is actually going. Here are some tips to help mind your money and reduce spending. Reoccurring monthly charges Anything that is charged on your account on an [...]

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