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Dave Ramsey vs. Bankruptcy »

My colleague, Matt Berkus, a bankruptcy attorney in Denver, has written an excellent article discussing Dave Ramsey’s anti-bankruptcy positions (despite his having filed for, and benefited from, a Chapter 7 case). When my clients ask if they will ever be able to get credit again and buy a home, I often show people a picture […]

The Human Cost of Foreclosure »

An article in the July 26, 2008 Washington Post, “What Gets Left Behind,” talks about one side of the human cost when a house goes to foreclosure. As the owner of a company that cleans out foreclosed homes, Troy Hughes notes: I remember that kid’s balloon was still inflated, like someone had just had a […]

Bankruptcy Law, Obama and McCain »

Over on the Bankruptcy Law Network, I have been writing a series of blogs on Senators Obama and McCain‘s positions on bankruptcy. The results may surprise you. The articles may be found by clicking on the links: Obama vs. McCain on BankruptcyObama and McCain’s Votes on Bankruptcy AmendmentsBarack Obama on BAPCPABarack Obama on Bankruptcy/Credit Reform

Maryland Foreclosure “Moratorium” to Expire Soon »

When Governor O’Malley signed into law changes to Maryland’s foreclosure laws effective on April 4, 2008, new foreclosure filings stopped. Although the new law’s changes were, in most instances, more cosmetic than substance (see my article on the Mortgage Law Network, “Changes to Maryland Foreclosure Law: Steak or Sizzle?“) they contained provisions that resulted in […]

US Trustee Audits to Resume May 12, 2008 »

According to an article on the US Trustee website, random debtor audits, which were halted in January 2008 due to budgetary problems, will resume on May 12, 2008. The only change appears to be that instead of randomly auditing one out of each 250 cases filed, the UST will audit one out of each 1,000 […]

What We Do For You In a Chapter 7 or Chapter 13 Bankruptcy… »

We’re often asked by new clients what we actually do for them. I thought I’d put a short list together: We let you answer your phone without your heart seizing with fear that it’s someone calling to collect a bill. We give you room in your mailbox for birthday cards instead of bills. We let […]