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Ripping off the debt Band-Aid

By: Jeena Cho I often meet with people who spend months or years peeling the debt Band-Aid off millimeters at a time instead of yanking it off at once. Instead of making concrete plans to either repay the debt, settle, or file for bankruptcy, they go on extending the pain[.....]

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Can you keep a car when you file for bankruptcy?

By: Jeena Cho Recently, I received a call from a local TV station asking me if a person can keep a car if he or she declares bankruptcy. I get asked similar questions all the time and I cringe slightly because this seemingly simple question doesn’t have a simple answer.[.....]

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The Descent into Credit Card Debt Hell

by Mint.com via Google+

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Bankruptcy isn’t something that only happens to “those people”

By: Jeena Cho When I tell someone I’m a bankruptcy attorney, a frequent reaction I get is something like “oh, you work with those people.” The implication being that there is a certain category of those people that file for bankruptcy and that he could never become one. One of[.....]

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Bankruptcy Facts (in infographic)

Here’s a good visual to explain trends in bankruptcy filing. Note: The statement about removing Automatic Stay Protection for Chapter 7 is incorrect. Automatic Stay still exists for every bankruptcy filing (with some minor exceptions.) view enlarged version here. via

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