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Detroit Files Bankruptcy For A Record 18 Billion Dollars 23 Jul 2013 | 06:05 am

The City of Detroit, the 18th largest city in the United States, has filed for bankruptcy.  The city’s population has dropped from 2,000,000 in 1950 to approximately 700,000 today.  The Wall Street Jo...

Bankruptcy Levels The Playing Field for Consumers 8 Jul 2013 | 03:52 pm

When I was in kindergarten, there was this fat kid who would sit defiantly on the see saw and challenge everyone to make him move.  Foolishly, I took up the challenge.  Since I was the smallest kid in...

Bankruptcy and the Path to a Better Future 27 Jun 2013 | 05:11 pm

I recently visited Los Angeles, California.  During our trip, my family and I set out the tar pits in downtown LA.  After we finished our interesting adventure at the tar pits, I noticed this huge roc...

Bank of America Cheats On Loan Modifications 21 Jun 2013 | 05:00 pm

The cracks are starting to appear in the National Mortgage Settlement. The Miami Herald has reported that Florida’s Attorney General, Pam Bondi believes that Bank of America has failed “to follow the...

City of Detriot Threatens Creditors With Bankruptcy 17 Jun 2013 | 02:10 am

The Wall Street Journal recently reported that the City of Detroit has hired a bankruptcy attorney to tell their creditors to accept pennies on the dollar or be completely wiped out if the city files ...

Taking The Refreshing Plunge Into Bankruptcy 4 Jun 2013 | 02:35 am

Do you remember when you were a kid and you hesitated to get in the water?  Were you the kind of kid that slowly got in or did you just take the plunge?  Do you remember how good it felt when you fina...

Should I Reaffirm My Mortgage in a Chapter 7 Bankruptcy? 24 May 2013 | 03:11 am

As a general rule, I do not think it is ever a good idea to reaffirm a mortgage in a Chapter 7 bankruptcy case.  When you reaffirm a debt, you basically re-obligate yourself on it and make yourself pe...

Should I File Bankruptcy Before I Get Married? 18 May 2013 | 01:40 am

Since June is just around the corner, we are getting a lot of calls from potential bankruptcy clients who are asking, “Should I file bankruptcy before I get married?”  Love is in the air.  I can just ...

Chapter 7 Bankruptcy – Do I Qualify? 9 May 2013 | 03:00 pm

“Who qualifies for Chapter 7 bankruptcy?” About an hour before I wrote this blog post, I spoke to a potential bankruptcy client who was so distressed because one of her friends told her, “You cannot...

AJC Reports that 2,400 New Jobs Are Coming to Dalton and Chatsworth 2 May 2013 | 05:40 am

The Atlanta Journal and Constitution reported today that 2,400 new jobs are coming to Dalton and Chatsworth.  As a bankruptcy attorney that has clients from both Dalton and Chatsworth, I can personall...

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