FINANCE LAW

Individuals may file a bankruptcy petition without an attorney. This is called appearing “pro-se.” However, the bankruptcy code is very complex and filing a bankruptcy petition requires a thorough knowledge of both the bankruptcy code and other Federal and State laws. In addition, bankruptcy practice differs from court to court. Experienced bankruptcy attorneys are familiar […]

About 30 to 40 days after filing the bankruptcy petition, you will have to attend a hearing presided over by a bankruptcy trustee. This hearing is called the First Meeting of Creditors. The trustee is not a judge, but an individual appointed by the United States Trustee to oversee bankruptcy cases. At the First Meeting […]

Be aware for these commonly-used scams: 1. Sweepstakes “You’ve Won $25,000!” Or a boat, or a car, or something else “valuable.” So goes the pitch. But if you’re asked to pay before you get your prize, it’s a scam. Often these outfits claim the money is for shipping, taxes, or something like that. But legitimate […]

Under some circumstances you may be able to keep some credit cards if the creditor agrees. There are many factors which must be considered. Some of those include the credit card balance at the time of the bankruptcy, what the credit card company is willing to do and your ability to pay the present and […]

CREDIT IDENTITY THEFT: TIPS TO AVOID AND RESOLVE PROBLEMS “Credit identity theft” or “identity theft” means the theft of a consumer’s personal identification and credit information which the thief uses to gain access to the victim’s credit and bank accounts and take over the victim’s credit identity. Credit identity theft is a growing consumer problem […]

Buying a Used Car Find a car that the dealer covers with a warranty by checking the “Buyers Guide” posted on used cars. Select a car with at least a 30-day, 100% warranty where the dealer agrees to pay all repair costs for covered items. Avoid “As Is – No Warranty” cars. Choose a safe […]