Blogs

Yesterday was the twenty-second anniversary of OJ Simpson’s acquittal in the deaths of Nicole Brown Simpson and Ronald Goldman.  And while he may have escaped prison, or worse, for the deaths of these people, he cannot,

A new report by the Consumer Financial Protection Bureau show that about one in five Americans struggle to pay for life’s basic needs to include food, shelter and medical care. It further states that while roughly one-third of consumers have a hard time making ends meet.

Kentucky Social Security Administration (SSA) disability attorney Eric Conn is still on the run. He's apparently changed his appearance somewhat according to the latest Wanted By The FBI poster, having shaven his head and he also appears to have lost weight.

Recently, my colleague, Mr. Grant McNutt, posted an excellent article discussing bankruptcy exemptions in Alabama. As he noted in his article, a bankruptcy exemption is the value of certain property owned by a debtor in bankruptcy which property cannot be touched by creditors or a bankruptcy trustee.

Under bankruptcy law, debtors are permitted to claim exemptions.  Exemptions allow a debtor to exempt or remove property from the bankruptcy estate to protect it making it unavailable to the trustee or creditors for liquidation.  Each state has its own exemption laws;  however, there are times when it is appropriate to use federal exemptions.  An attorney would need to determine what set of exemptions a debtor should claim

Numbers have certainly increased during the last five years when it comes to identity theft. With the recent Equifax breach and the fallout therefrom, it is more important now than ever to be vigilant about protecting your identity and minimize the risks that you will be one of the ones injured by security breaches and the like. Below are a few tips to keep in mind:

When someone files Chapter 7 bankruptcy and owes money on a secured debt (such as a vehicle loan, mortgage, furniture loan, or other debt secured by property), they must state their intention about whether they plan to keep or surrender the collateral securing the debt. Chapter 7 individual debtors typically do this on Official Form 108, the Statement of Intention, which must be filed within 30 days after filing the bankruptcy petition or by the date set for the meeting of creditors, whichever is earlier. 

Have you been struggling with debt but are afraid to seek bankruptcy counsel? So many times people who are struggling financially only turn to Bankruptcy as a last resort, as should be the case. Folks who have never had a reason to learn about what bankruptcy really is and has to offer, don’t know the benefits and usually assume it is a bad thing.