Category Archives: blog

Judicial Mortgage Modification Lives! Nope, Voted Down Again

The House Rules Committee just minutes ago agreed to allow the bankruptcy modification amendment to be considered on the House floor as an amendment to the broader financial services reform bill AS EARLY AS THIS AFTERNOON!!
1. Phone toll free at: 877.354.4958
2. Put in your zip code
3. When you reach the receptionist:

State your name
Say that you [...]

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How Does Chapter 11 Work For A Small Business?

You may run a small business, that is, or is not, incorporated.
If it is a corporation, the corporation has to file for Chapter 11 to get bankruptcy relief.
But, you do not have to be a corporation to file for Chapter 11.
You may run a store, own and rent a bunch of houses, or any other [...]

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Who Needs Small Business Chapter 11? (part two)

Completion of my post on Chapter 11 on www.bankruptcylawnetwork.com

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Who Needs Small Business Chapter 11? (part one)

     My post on another site on Chapter 11.

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What To Do With Second Mortgages?

See video post on second mortgages, short sales and other options,
here

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Can I Get A Mortgage Modification?

Anything is possible, but the statistics on mortgage modifications are bad, especially considering the number of people who need them.

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What Is A Short Sale?

What is a short sale?

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Do I Have To Pay My Student Loans?

On July 1, 2009, a new program starts basing student loan repayments on income.
David K. Randall explains more in Forbes online.
Bankruptcy is a last resort, you should always see what you can get short of bankruptcy.
Unless you can prove paying the student loan would be an undue hardship, you cannot get rid of, or discharge, [...]

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Should I Use A Debt Settlement Company?

Not if you want real help!
David Streitfeld writes about the industry convention of debt settlement companies in Chicago.

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How Does My Credit Card Company Find Out So Much About Me?

my post on the the new “friendly” credit card company collection practices.

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