Home > Tag Archives: bankruptcy (page 2)

Tag Archives: bankruptcy

In Our Divorce My Ex-Husband Was to Pay Half of My Credit Card Bills But He’s Filing for Bankruptcy. – Becky

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“Dear Steve, Credit cards that are in my name only. My ex husband was ordered to pay half of my credit card bills… they are all in my name only… he did not pay so I took him back to court and they held him contempt and ordered him to pay a certainty amount each month until they are paid. ... Read More »

    Bankruptcy Filings Decline in 2012

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    Bankruptcy filings in the federal courts fell 13 percent in calendar year 2012, according to data released today by the Administrative Office of the U.S. Courts. The number of bankruptcies filed in the 12-month period ending December 31, 2012, totaled 1,221,091, down from the 1,410,653 bankruptcies filed in CY 2011. Statistics released today include business and non-business filings for the ... Read More »

      I Might Get a Cash Settlement in the Future. Can I File Bankruptcy Now? – Jami

      Bankruptcy Road Sign

      “Dear Steve, My husband and I are currently in a fair amount of debt, living paycheck to paycheck. Sometimes having to use our credit cards to buy groceries or pay for gas 2 days after payday. I am looking for ways to get out of it, possibly by filing bankruptcy, but I am going to be receiving a small settlement ... Read More »

        Should I Get Divorced Before Bankruptcy or Wait? – Denise

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        “Dear Steve, I am about $40,000 in debt including a car loan 3 judgements and small bills such as cable, phone and some medical bills I am extremely concerned about the three judgements against me (one for $5000 and two for $3000)…Cancer/spousal abandonment, being a victim of the landlord not paying the mortgage with my rent and a former friend ... Read More »

          How to Know if You Should File Bankruptcy

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          If you are in financial trouble and struggling to make payments, tapped out, you’ve spent down savings, or living month-to-month, then bankruptcy is worth a good hard look. Below you will find a number of links to posts, articles, and calculators to help educate you about the realities of bankruptcy. Many people carry a lot of baggage around about what ... Read More »

            What Does the Bible Say About Bankruptcy? Is Bankruptcy Scriptural?

            What does the bible really say?

            Far too often people come to me for help loaded with all sorts of assumptions, emotional baggage, and guilt about their financial situation. They feel that it is immoral to consider some options and instead set themselves up for long term failure by not knowing all the facts. They launch into five to ten year repayment plan that leave them ... Read More »

              How to Get the Right Help for Debt Problems – Get Out of Debt Guy Show

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              In this show I share some critical information and advice with you on how not to become a victim or get scammed when you are searching for debt relief help. Having financial problems can be scary enough but who can you trust and who should you turn to when you are looking for good options for bad debt? This show ... Read More »

                I’m a Client of a Debt Settlement Company in Canada But Debt Collectors Are Still Calling Me. – John

                “Dear Steve, Debt settlement company in Canada send a power of attorney via fax to a collection agency, and I am still receiving phone calls as they stated that the debt settlement company is not a lawyer If you hire a debt settlement company in Canada and they forward a power of attorney to the collection agency, does that agency ... Read More »

                  I Can Make the Minimum Credit Card Payments But Trying to Decide Between MMI and Bankruptcy. – Tony

                  Ready to Collapse

                  “Dear Steve, Own a home, divorced, alimony is $375/month through May 2013, a $500/month loan with lending club through July 2013. House payment is $1,250 including assessments. Credit card debt alone is $25,000. Lending Club loan has about $6,000 left. Total unsecured debt is about $35,000, including student loan. My house isn’t selling — the one two floors below just ... Read More »

                    Are You a Great Bankruptcy Attorney or Do You Know of One? We Want to Know.

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                    We’ve recently launched our new bankruptcy attorney directory at bankruptcy.getoutofdebt.org. Our hope is that we can make it easier for bankruptcy attorneys to be found by readers and that we can feature one attorney in each city. Filing bankruptcy is most often a nerve wracking experience. It’s less because of the actual process and more because of the uncertainty or ... Read More »

                      Bankruptcy Should Be the Last Resort Many Say. But That’s Just Not True.

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                      There they go again, “bankruptcy should only be considered as a last resort.” We’ve all heard that rumor or authoritative statement, many times. You even read it again and again in mainstream media. But here is the problem with that statement, it’s just not true. There are plenty of times when bankruptcy should be considered the first resort, not the ... Read More »

                        Can I Apply for New College Loans if I’m Already in a Bankruptcy? – Nicole

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                        “Dear Steve, Already in a chp 13 plan, no problems there. How would enrolling in a grad school program affect my CH 13 plan? I have tried to email/call my atty with no response to this. I am needing either loans and or scholarship. My employer will also reimburse for a small amount of the 20-35K it will take for ... Read More »

                          Raleigh Native Indicted In Connection With Fraud And Extortion

                          The former President of Encap Golf Holdings LLC (“Encap”), William Gauger III, was indicted this week for his participation in a scheme to extort approximately $100,000 from a financial consultant and a fraudulent invoicing scheme relating to his work for a New Jersey-based management firm. Gauger allegedly hired his brother-inlaw Craig Groce, who was originally charged along with Gauger by ... Read More »

                            Six Hundred Out Of $74 Million In Ponzi Scheme

                            Douglas Vaughan faces 10 to 12 years in prison after pleading guilty to wire and mail fraud charges that involved his operation of a “Ponzi” scheme where he defrauded around 600 investors of more than $74 million. Vaughan promised extraordinary returns which he obviously did not follow through with. In February of 2011, in an indictment alleging that, between 2005 ... Read More »

                              Attorney Sentenced In $50 Million Bank Fraud

                              Kevin Harold Lewis was sentenced to 121 months incarceration to be followed by three years of supervised release for bank fraud. Lewis was also ordered to pay $33,826,326 in restitution. An additional amount of restitution will be considered after briefs are filed regarding the loss to Centennial Bank of Cabot, Arkansas. Lewis was ordered to report to the Bureau of ... Read More »

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