Latest Posts
Home > Debt Articles > Bankruptcy Information (page 9)

Bankruptcy Information

Consumer Bankruptcy Attorneys Stand Behind Government Plan to Allow Bankruptcy Judges to Modify Mortgages

justball-144x125

The following statement was issued today on behalf of the 3,500-member National Association of Consumer Bankruptcy Attorneys (NACBA) by bankruptcy attorney and NACBA president Carey Ebert of Fort Worth, TX: “At a time when an estimated 6,600 American families are losing their homes to foreclosure every day, we welcome the Obama Administration’s support for changes to existing bankruptcy laws that ... Read More »

Mortgage, Bankruptcy, Nonsense

justball-144x125

Not that long ago I wrote again about the pleas from banking to not allow bankruptcy judges the authority to modify mortgages, in limited situations, to allow people to stay in their homes and avoid foreclosure. See “Mortgage Bankers Association. A Bunch of Whiny Bitches?“. Today an article in the Wall Street Journal has got me going again. Todd Zywicki ... Read More »

If You Went Bankrupt But Did Not Include All Your Debt, Read This.

justball-144x125

Recently I answered a question from Lynn, “My Car Went Missing From My Driveway Because My Ex-Husband Didn’t Make The Payments.” In that question she brought up the fact that she had gone bankrupt but had not included all of her debts in her bankruptcy and now she was in trouble with those debts not included. I went to my ... Read More »

My Favorite Quote About Bankruptcy

justball-144x125

A famous author was once asked how he went bankrupt, his answer was “I went bankrupt slowly and then all of a sudden.” This is such a great insightful statement about bankruptcy. Typically it is not a process that happens in an instant. It is often preceded by a longer period of time punctuated with events or situations that lead ... Read More »

Bankruptcy Judges Should Have the Power to Modify Mortgages

justball-144x125

The sagging home values are drawing attention to a gaping hole in bankruptcy protection, the ability for U.S. bankruptcy judges to be able to modify the terms of a mortgage to keep people in their homes that want to pay. A couple of recent article really caught my eye, “Delahunt: Empower judges to modify mortgages” and “A Win-Win Bankruptcy Reform“. ... Read More »

Do I Tell My Creditors I Am Going Bankrupt?

justball-144x125

A question I am often asked is if people need to tell their creditors that they are going bankrupt. If you’ve already decided to go bankrupt and you’ve met with a bankruptcy attorney who will handle your case, then there is no harm in telling them, but why? Once you have made the decision to go bankrupt you can direct ... Read More »

A Decade in the Closet, About My Bankruptcy

justball-144x125

I am still amazed when I read ignorant stuff about the reason people are going bankrupt is because there is no more stigma about bankruptcy. No, the reason people are going bankrupt is because creditors are manipulating the system for their own accounting or reporting means and not allowing people to repay their debts with as much enthusiasm as the ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.