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The Bankruptcy Blog 

Educates consumers on bankruptcy laws.
Post Frequency: 5.8/day Last Entry: March 28, 2011 at 12:14:25 Recent Entries: 500
By Total Bankruptcy.
Go to The Bankruptcy Blog, find other Bankruptcy blogs, or browse all law blogs.
Senate Bans Sudden Credit Card Interest Raises
Posted on May 19, 2009Score one for the little guy. The U.S. Senate voted overwhelmingly, 90-5, to add regulations to the credit card industry, and the move could save consumers lots of money. A few differences must be worked out with a similar bill passed in the House, but President Obama said he hopes to sign the law by Memorial [...
Bad Economy = Good Deals on Rent?
Posted on May 18, 2009A recent BusinessWeek article suggests that some tenants may actually benefit from the weak economy right now. Rent costs are apparently dipping in major U.S. cities, including Manhattan, which is notorious for high rent costs. But the savings aren?t limited to just the Big Apple ? landlords across the country are reportedly looking for ways to fill [...
Foreclosures Rise Again in April
Posted on May 13, 2009According to the latest report from RealtyTrac, foreclosures jumped again in April. CNNMoney.com reports that 342,000 U.S. homes received default or auction notices or were in the process of bank repossession last month. This translates to one in every 324 U...
CBS Early Show on the Dangers of Debt Settlement
Posted on May 12, 2009This morning on the CBS Early Show Vera Gibbons and Harry Smith discussed the dangers of debt settlement companies. If you’re struggling with debt, you may have looked into or even been contacted by one of these companies. CBS concludes what we know about these companies: They don’t offer real debt relief...
Consumer Credit Shrank Again in March
Posted on May 07, 2009Recently released numbers from the Federal Reserve show that consumer credit in the United States contracted again in March. According to a recent Bloomberg article, consumer credit fell by $1.11 billion in March, after an $8.1 billion plummet in February...
Credit Card Issuers Cutting Us Some Slack?
Posted on May 05, 2009Good news! After issuing a ?Call to Action? last fall, the National Foundation for Credit Counseling has negotiated with some of America?s biggest credit card issuers on behalf of us, the struggling consumers. While we wait for the Credit Cardholders? Bill of Rights to work its way through Congress, this could help some of us ease [...
What Happens When Bankrutpcy & Divorce Intersect?
Posted on May 04, 2009What happens when divorce and bankruptcy occur around the same times?
Sad Day for Many Homeowners: Senate Slaps Down Anti-Foreclosure Bill
Posted on April 30, 2009The Senate voted 45-51 against Dick Durbin’s anti-foreclosure bill. Twelve democrats opposed the bill. We were hoping the Senate would help deal with the massive foreclosure epidemic and pass the bill, which would have allowed bankruptcy judges to adjust the terms of mortgages of people who were facing foreclosure, among other things...
Helping Families Save their Homes in Bankruptcy Act Up For Vote
Posted on April 29, 2009We wrote about Illinois Senator Dick Durbin’s bill when it was first being considered. Now, the measure that would potentially prevent home foreclosure for millions of Americans by allowing bankrupty judges to change the terms of a mortgage - including interest rate and principal owed - is up for a vote...
Action on the Credit Card Bill of Rights
Posted on April 13, 2009A subcommittee of the House Financial Services Committee voted last week to approve a bill called 'The Credit Cardholders' Bill of Rights'. If the bill succeeds in the rest of the House and the Senate, good news could be in...
Action on the Credit Card Bill of Rights
Posted on April 13, 2009A subcommittee of the House Financial Services Committee voted last week to approve a bill called ?The Credit Cardholders? Bill of Rights?. If the bill succeeds in the rest of the House and the Senate, good news could be in store for borrowers. Unfair and Deceptive Practices Since the current recession was so heavily fueled by subprime lending [...
Attempting to Collect Discharged Debts Is Illegal!
Posted on April 09, 2009When you receive your bankruptcy discharge, you are legally excused from responsibility for any debts that have been discharged. Unfortunately, some unscrupulous creditors count on bankruptcy filers not knowing how far their protection extends and attempt to collect on debts...
Attempting to Collect Discharged Debts Is Illegal!
Posted on April 09, 2009When you receive your bankruptcy discharge, you are legally excused from responsibility for any debts that have been discharged. Unfortunately, some unscrupulous creditors count on bankruptcy filers not knowing how far their protection extends and attempt to collect on debts after the court has excused them...
Assert Your Rights As a Consumer
Posted on April 08, 2009Unfortunately, a recent report from the FBI suggests that cyber crimes increased as much as 33 percent last year. This means that, as a consumer, you need to take steps to protect yourself and know what you can do if...
Assert Your Rights As a Consumer
Posted on April 08, 2009Unfortunately, a recent report from the FBI suggests that cyber crimes increased as much as 33 percent last year. This means that, as a consumer, you need to take steps to protect yourself and know what you can do if you?re victimized by online fraud...
When Businesses File for Bankruptcy
Posted on April 07, 2009/* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5...
When Businesses File for Bankruptcy
Posted on April 07, 2009As the economic tumult continues, news stories about businesses considering bankruptcy continue. So what does it mean when a major company seeks the protection of the bankruptcy court? Like personal bankruptcy, it depends what chapter the business files under...
Credit After Bankruptcy: Steps to Success
Posted on April 02, 2009Credit traps are dangerous to everyone, but they can be especially damaging to those trying to rebuild credit after filing bankruptcy. As you work your way to financial health, make sure you steer clear of these common post-bankruptcy pitfalls. Failing...
Credit After Bankruptcy: Steps to Success
Posted on April 02, 2009Credit traps are dangerous to everyone, but they can be especially damaging to those trying to rebuild credit after filing bankruptcy. As you work your way to financial health, make sure you steer clear of these common post-bankruptcy pitfalls. Failing to Plan: When you receive your bankruptcy discharge, you?ll likely be debt-free; but that will only last [...
Preparing for Retirement after Bankruptcy
Posted on April 01, 2009As you begin to develop savings and investment strategies for your after your bankruptcy filing, it's important to remember to develop a strategy for amassing money for your retirement. Consider the changes. Before doing any math, try to figure out...
Preparing for Retirement after Bankruptcy
Posted on April 01, 2009As you begin to develop savings and investment strategies for your after your bankruptcy filing, it?s important to remember to develop a strategy for amassing money for your retirement. Consider the changes. Before doing any math, try to figure out how your expenses will differ after retirement: you won?t have commuter or business wardrobe expenses, but [...
Chapter 13 Bankruptcy: The Process
Posted on March 30, 2009Curious about Chapter 13 bankruptcy? Talk to a bankruptcy lawyer about whether it could help you. Chapter 13 has helped many resolve their debts and save their homes from foreclosure. Here's a bit more on the process and what you...
Chapter 13 Bankruptcy: The Process
Posted on March 30, 2009Curious about Chapter 13 bankruptcy? Talk to a bankruptcy lawyer about whether it could help you. Chapter 13 has helped many resolve their debts and save their homes from foreclosure. Here?s a bit more on the process and what you may expect: Credit counseling briefing: This is a pre-filing requirement for all filers, and it?s designed to [...
Starting a Savings Plan
Posted on March 25, 2009Whether you're recovering from bankruptcy or just trying to improve your finances, saving money is essential. How to Save Money The secret to saving is to do it little by little. This isn't winning the lottery, but over the years,...
Starting a Savings Plan
Posted on March 25, 2009Whether you’re recovering from bankruptcy or just trying to improve your finances, saving money is essential. How to Save Money The secret to saving is to do it little by little. This isn’t winning the lottery, but over the years, the small amounts you sock away will accumulate...
Warning Signs of Predatory Lending
Posted on March 23, 2009Predatory lending can devastate consumers. Predatory loans can come in the form of credit card agreements, mortgages, payday loans and even bank loans. Although there's no surefire way to make sure a loan you get is safe, but here are...
Warning Signs of Predatory Lending
Posted on March 23, 2009Predatory lending can devastate consumers. Predatory loans can come in the form of credit card agreements, mortgages, payday loans and even bank loans. Although there’s no surefire way to make sure a loan you get is safe, but here are some warning signs that your lender is less than trustworthy...
Chapter 7 Bankruptcy: The Process
Posted on March 20, 2009After you've met with your bankruptcy lawyer and decided to file for Chapter 7 bankruptcy, here's what you can expect from before you file until you after you receive your discharge. The credit counseling briefing: Before filing your petition with...
Chapter 7 Bankruptcy: The Process
Posted on March 20, 2009After you’ve met with your bankruptcy lawyer and decided to file for Chapter 7 bankruptcy, here’s what you can expect from before you file until you after you receive your discharge. The credit counseling briefing: Before filing your petition with the bankruptcy court, you must complete this briefing, which acts as a filter: anyone who could [...
Assessing Your Debt: When It May Be Time to Take Action
Posted on March 19, 2009If you're having trouble making it paycheck to paycheck or if you're having difficulty paying your bills, it may be time to assess your debt levels objectively. Debt Test This debt test involves a series of questions concerning your debt...
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A complete prime (pre-2005)
What can be done to stop "Harry T. Keane Jr" from persuig his Entertainment Fraud Business ?
Harry Keane in the Dallas Tx area is a fraud. He cannot tell the truth. His whol...
How do you recover money from a stop payment placed on a personal check given to you?
you can always take them to small claims court and sure them for 3 times the amo...
Protection from damages from Internet advertising fraud for owners of an Incorporated company?
The "corporate veil" that ordinarily protects business owners and managers from ...
Does a Chapter 7 bankruptcy discharge a secured mortgage loan?
Yes if you file they cannot sue you to the knowledge I know. My brother is in re...
Once a storage company takes possession of a stored asset and attempts to sell it to satisfy delinquent storage fees, can they continue to charge for storage?
what we found out is that the guy held onto the car since 99 and now wants all s...

What can be done to stop "Harry T. Keane Jr" from persuig his Entertainment Fraud Business ?
Harry Keane in the Dallas Tx area is a fraud. He cannot tell the truth. His whol...
How do you recover money from a stop payment placed on a personal check given to you?
you can always take them to small claims court and sure them for 3 times the amo...
Protection from damages from Internet advertising fraud for owners of an Incorporated company?
The "corporate veil" that ordinarily protects business owners and managers from ...
Does a Chapter 7 bankruptcy discharge a secured mortgage loan?
Yes if you file they cannot sue you to the knowledge I know. My brother is in re...
Once a storage company takes possession of a stored asset and attempts to sell it to satisfy delinquent storage fees, can they continue to charge for storage?
what we found out is that the guy held onto the car since 99 and now wants all s...








