
The creditor lobby would have you believe that people who file bankruptcy are the ones committing fraud. They sold the bankruptcy law reforms as a way to stop the rampant fraud going on, people filing bankruptcy to skip out on their debts, debts which they could afford to pay. That was the company line. Debt…
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Tags: Bankruptcy, bankruptcy abuse prevention and consumer protection act, bankruptcy courts, bankruptcy fraud, business, chapter 11, chapter 7, court, creditors, debtor, file bankruptcy, fraud, insolvency law, law, personal finance, senate, senates, the truth about, title 11, trustee, truth, united states bankruptcy law, united states code, united states trustee program
For this holiday weekend, just linking to a post I did on another site on the above topic. Click here. Happy holiday to all.
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Its later than you think. What the economists call the “macro” factors are bad. Leading the way? Our friends, the banks! Mortgage companies continue to lie about their books and records. And won’t show them to the government without being forced. Some of these issues have come up in the MERS and robo-signing scandals. Photo…
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Tags: calculations, government, inaccurate, mortgage balance, mortgage companies, mortgage company, mortgage market, recording, records, shelter mortgage, tell, the truth about, truth

What can I keep paying for if I file bankruptcy? What bills do I have to stop paying if I file bankruptcy? These are common questions I get from people. Too much to cover in one post, so more later. First, let’s discuss mortgage payments. In chapter 7, if you want to keep your house,…
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Tags: Bankruptcy, bankruptcy stories, chapter 7, file bankruptcy, foreclosure, house payment, house worth, houses, law, mortgage, mortgage companies, mortgage payment, mortgage servicing rights, payment, payments, personal finance, real estate, story, subprime crisis background information, the house, title 11, united states code, worth