As technology advances so does the way we do business. Everything from gift giving to banking and paying bills can now be done online. While many bankruptcy attorneys are now turning to software programs to make filing easier for clients, the talents and skills of an attorney cannot be replaced by technology. Boosting Chances One  … Read more

Radio personality Tom Martino has been taking an active role in his bankruptcy case since his filing last year. Admittedly trying to “drive the bus” of his case, Martino has engaged in some suspicious behavior that could land him in trouble with the court. With all eyes on Martino he is asking for “celebrity exception”  … Read more

One of the biggest mistakes people make when filing for bankruptcy is failing to prepare. The process is governed by many rules and guidelines that are imperative for a successful outcome of the case. Knowing how to prepare minimizes error and makes the most out of the process.  There are a few important steps to  … Read more

Filing for bankruptcy is a big decision, one that should not be taken lightly. As a debtor one of the best things you can do for yourself and financial future is get to know the bankruptcy process before diving in head first. The biggest considerations can be boiled down into three simple categories: Apply Within  … Read more

Whether renting a home, apartment or business suite, contractual obligations of a lease are often quite stringent. Typically, a lease contract will include penalties for defaulting as well as steep costs for terminating the lease prior to the end of the lease term. When finances become tight the temptation to break one’s lease early may  … Read more

There has been much attention surrounding the drop in bankruptcy filings over the last year or so. Historically, filing patterns coincide with economic fluctuations and legislative changes. However, as the economy continues to struggle the decrease in filing patterns has many looking for answers. Puzzling Numbers The drop in filings is a good sign overall.  … Read more

After making millions in the NBA over a span of a few short years, Allen Iverson is reporting that he is broke. While it isn’t uncommon for sports players and other famous young adults to make millions and spend it quickly, Allen Iverson’s case is drawing much attention. Big Money Big Debts Allen Iverson was  … Read more

There has been a continued drop in the number of bankruptcy filings over the last several months. While a closer examination of bankruptcy statistics reveals interesting filing patterns over the past few years, there has not been enough time for anything more than speculation as to the cause of the recent decline. Potential Factors In  … Read more

Filing for bankruptcy in business is different than on a personal basis. The main differences are in the way assets and debts are handled in a business filing. Owners of small businesses may have trouble sorting out their debts and assets if there was any personal tie between these during operations. Further, many filers become  … Read more

Although most people never think of utility bills being part of a bankruptcy case, they are actually quite common among filers. Of course they are not the main source of debt, but getting behind on utility bills is quite easy when you are experiencing financial hardships. The good news is that these debts are easy  … Read more