Latest on the Bankruptcy Blog

You  might be surpised to know that bankruptcy laws are not the same in each state. Although federal bankruptcy laws provide some consistent guidelines for state bankruptcy laws, each state has some lead way in their interpretation and application of federal bankruptcy laws. The biggest area of variation among bankruptcy laws between states has to  … Read more

If you are like most people, you have one or more credit cards that you use everyday. Even more common is to have at least a thousand or more in debt on each of those cards. When you need financial help, the way your credit card company operates can impact your life in many ways.  … Read more

In March, big bank mortgage lenders promised to terminate fraudulent document practices, but evidence suggests many of these practices are still prevalent. These practices have led to unwarranted What Is Robo-Signing? There are several ways in which these practices can stir up trouble for homeowners. Under qualified bank employees are signing off on mortgage related  … Read more

Just this past week, the Bank of America Corporation lost a bid to dismiss a series of legal challenges that financially troubled homeowners in 19 states wish to bring against the bank.  Recently, a US District Court judge in Boston ruled against the lender in another, similar case. The case that is being brought against  … Read more

Many of us are overspending and under budgeting every month. We get that notice in the mail about a bounced check or overdraft fee that makes our stomach turn. These fees can really add up, especially when you are already strapped for cash. So how can we get better about managing our money so we  … Read more

  It has been quite a while since we have seen new homes being built around town. The housing market has taken a fall in this unsteady economy, and new home sales were among the worst hit. Many home builders have been at a halt and forced to seek employment elsewhere to make ends meet.  … Read more

It’s no secret that many people are trying to get out from under the gun of foreclosure in the recent market.  One way to avoid the smirch of foreclosure on your financial record is to consider doing a short sale – that is, selling the house before the bank takes it in foreclosure.  Typically when  … Read more

I am drowning in credit card debt. How does a credit card negotiation work? Is a debt settlement company my only option? Professional debt settlement is an option, but it is not your only option. Most consumers don’t know that they could attempt to do debt settlement with their creditors as individuals. There are advantages  … Read more

As the economy continues to challenge us each and every day, many of us are sinking further into debt. Creditors are calling, bills are piling up and some are faced with the threat of foreclosure or wage garnishment. When faced with few options, the burden of debt can seem like a hopeless fight.  But one  … Read more

Among the many ways to “go green” is the idea to raise the miles per gallon (mpg) fuel economy requirement on cars. The Environmental Protection Agency is one of several agencies involved in the push to develop ways to  lower emissions and help protect the environment. Of course, many are interested in the idea of  … Read more