Most of our critical assets are at risk during a financial crisis, including your home, your cars and any of your sentimental possessions. You may even try to take drastic measures to ensure you maintain your possessions. However, if you are pursuing bankruptcy, it's...
Month: December 2020
Debtors’ “Uncooperative and Argumentative” Behavior Merits a $5,000.00 Sanction
A recent decision by the Sixth Circuit United States Court of Appeals based in Cincinnati shows that debtors who refuse to comply with legitimate discovery requests run the risk of significant sanctions. In the case of In re Lane, No. 20-5399 (December 22,...
Can my salary inhibit my eligibility for bankruptcy?
Bankruptcy is usually deemed as your last resort - the only option to save you from drowning in debt. However, bankruptcy is an incredibly common option for most families and adults who are struggling with their finances. You don't have to be in dire circumstances to...
What if I’m injured in a slip and fall outside a store?
Over the last few weeks as the holidays have approached, you’ve likely been hustling and bustling between a lot of different stores to get everyone close to you the perfect gift. Now that the weather is colder, you may have encountered some icy sidewalks or parking...
Can you lose retirement savings by filing for bankruptcy?
Fear of the unknown is a powerful motivator for many people. For those overwhelmed by massive debt, many are afraid they’ll lose everything they own when filing for bankruptcy, including retirement savings and even Social Security benefits. That fear often leads them...
Business and Bankruptcy: the benefits of a workout
When most people think of the benefits of working out, their minds go to physical health and fitness. They imagine weight loss, lower blood pressure, longer lifespan and overall better health. However, there are other types of workouts with huge benefits. For a...
Debt collectors start using social media for contact
Debt collectors are intimidating to most people because they rely on invasive techniques to receive payments or funds from certain customers. For extreme collectors, they may even resort to improper fear tactics to receive the payment they want. And now, the Consumer...
INCREASE IN BANKRUPTCY COURT FEES GOES INTO EFFECT DECEMBER 1, 2020
Bankruptcy Courts across the country are increasing their filing fees effective December 1, 2020. Here is a sample of some of the more common fees that will increase: For filing an amendment to the debtor's schedules $31 $32 Search of record or indexes $31 $32 For...
