Give Your Creditors An Offer They Can’t Refuse

February 14, 2010

Some bitter people have said that Al Capone was the only person who knew how to celebrate Valentine’s Day appropriately.  For those who do not remember, Al Capone is believed to have led the St. Valentine’s Day Massacre where seven members of a rival gang were killed.
Al Capone gave his creditors an offer they couldn’t [...]

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Beware False Notifications of Chapter 13 Dismissals

February 9, 2010

Adrian Lapas posted about a debt settlement company is out there contacting people currently in Chapter 13 bankruptcy and claiming their case was dismissed.
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This is a slimy tactic tried by debt settlement companies to steal from you.  That’s right, other lawyers and professionals will call debt settlement a poor product, [...]

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Local Bankruptcy Attorney Saves Clients $10,000 on a Regular Basis!

February 8, 2010

Bankruptcy has a lot in common with the game of golf.  In bankruptcy and in golf, some of the most simple things can be frustrating.  In bankruptcy and in golf, there are a limited amount of clubs (tools) that the bankruptcy lawyer can use to advocate for his or her client.
One of my favorite clubs [...]

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What is a Proof of Claim in Bankruptcy?

February 8, 2010

A proof of claim in bankruptcy is a way for a creditor to get paid in a Chapter 13 bankruptcy case.
Imagine a classroom full of desks.  At each of those desks there is a child, which represents one of your creditors.  A proof of claim is simply when one of these children raises their hand [...]

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Groundhog Day and Debt

February 2, 2010

Elihu Root once commented “About half of the practice of a decent lawyer is telling would-be clients that they are damned fools and should stop.”
What does that have to do with Groundhog Day, and more importantly, what does that have to do with debt?
A lot actually.  Bill Murray is the lead in the movie Groundhog [...]

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Credit Card Lawsuits and How To Beat Them

February 1, 2010

Credit card lawsuits are on the rise in Pennsylvania and if you have debt problems, you may find yourself on the wrong end of one.
While a credit card lawsuit is a symptom of a larger financial problem, this type of a lawsuit can cause sleepless nights and difficult days as you fight to get your [...]

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Why Not Debt Settlement?

February 1, 2010

You can’t turn on the television today without seeing an advertisement for debt settlement anymore.  Debt settlement is a process where a company compiles a list of your debts and plans a strategy where you will pay off your debt.
From the image below you can probably grasp my opinion of them.

There is no new Obama [...]

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