Now, if you or I were owed $45.9 billion dollars, in a bunch of states, by a bunch of people, and had over 1,000 lawsuits going to get some of that money back, what would it mean if, all of a sudden, we dropped those suits? It would mean we got religion, decided…
Well, to the extent we think it is funny when the rich and famous get sued. For playing games we can only dream of entering. Like a poker game where you win $311,000. But, the money (allegedly) was won from a crook who stole it in a Ponzie scheme. And now the crook is bankrupt,…
In the Eastern District of Michigan Bankruptcy Court, Detroit, ten percent of the Chapter 7 cases filed are by people without attorneys. Many of the bankruptcy petition preparers abuse the process. First, they charge more than allowed. All of the Judges in the Eastern District of Michigan Bankruptcy Court have signed an order limiting bankruptcy…
order_re_max_fee UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF MICHIGAN In re: Case No. Chapter Hon. Debtor(s) / STATEMENT OF PETITION PREPARER PURSUANT TO F.R.BANKR.P. 2016(c) The undersigned, pursuant to Fed.R.Bankr.P.2016(c) states that: 1. The undersigned is the petition preparer for the Debtor(s) in this case. 2. The compensation paid or agreed to be…
A Stockton California man was awakened at 6:00 a.m. by a SWAT team breaking into his house to execute a search warrant relating to: An unpaid student loan. Yup, that is what it was about. Although, with typical government efficiency, he never owed any student loan; his estranged wife did. The video link…
“We can settle your debt for pennies on the dollar!” You don’t hear those ads as much as we used to, because the federal government finally clamped down with FTC regulations 7 months ago. “Settle your debts for 60, 70 as much as 85% off!” What these debt settlement companies left off their spiel was…
How are you doing with that loan modification you requested last year? How is that big bank treating you? Are they sympathetic to your financial difficulties? Willing to lower your interest rate? Help you through these tough times? Yeah, right. Hey, its the real world, deal with it, nobody helps them out, right? Those poor…
