five Private Bankruptcy Filing Tips by avraham glattman
02 Sep
Posted by Ebony Culley as Credit Score
If you’ve completed all you may, however you simply aren’t in a position to pull yourself again up financially and you’re feeling that filing for bankruptcy is your only resort, listed here are some personal bankruptcy submitting suggestions which will show you how to make the process rather less stressful.
Once you file for bankruptcy protection you’re immediately protected from creditors calls and repossessions. A creditor cannot legally contact you whereas your bankruptcy has been filed and after it’s been discharged they will not have a purpose to contact you since all of your debt could have either been worn out, Chapter 7, or you’ve a reimbursement plan in place, Chapter 13. Read full post…
Credit Q&A: “How often to check your credit report?”
Credit reporting seems to be all the rage these days, now that a ton of companies have realized how profitable the fear of the unknown can be.
Now don’t get me wrong – staying on top of your credit history is extremely important, especially when it comes time to apply for a credit card or a loan.
But it may have been blown out of proportion just a bit in recent years.
There are a ton of services out there nowadays to keep track of your credit, such as credit monitoring, which tracks it continuously, and free credit reports, which allow you to access your credit report for free for a week or so, before converting into full blown credit monitoring programs.
See credit monitoring vs free credit reports for more on that.
Choosing which is right for you will depend on your unique situation. As I me
Personal bankruptcy law gives the debtor a “fresh start.” The bankruptcy petition will be denied, however, when the Trustee finds assets or a fraud in the Petition. In another case handed down this month by Federal Bankruptcy Judge Feeny, a lawyer attempting to discharge his debts had his bankruptcy case denied because he “concealed property of the [bankruptcy] estate, failed to maintain accurate, complete and reliable books and records, or made false oaths or accounts in connection with his case” such as bank accounts, investment accounts.
In this case, the lawyer debtor made false statements in his Petition, on his Petition Schedules, in oral testimony at the 341 Creditor’s hearing, and that those false statements were “material and intended to mislead the Trustee and creditors.” The attorney debtor also failed to disclose assets such as contingency fee cases, where a future settlement or judgment was clearly an asset.
Debt Conolidation Lawyer Helps When Unemployment and Disability Deal a Double Whammy
28 Aug
Posted by Ebony Culley as Credit Score
As a longtime bankruptcy attorney and debt consolidation lawyer in Indiana, I’m keenly 
aware of the tie-in between bankruptcy and jobs. Every one of the Anderson, Indianapolis, Bloomington, and Columbus bankruptcy lawyers who work in the Mark Zuckerberg bankruptcy law offices is seeing people who need help because they lost jobs. Income from jobs – or lack of it – is high on the list of discussion topics when we’re talking to clients about filing bankruptcy in Indiana, that’s for sure.
Last week, though, a statistic was released by the Equal Employment Opportunities Commission that showed me that, for some people, losing a job can be even more tragic than for others. According to USA Today, “More people with disabilities filed charges of discrimination against their employers last year than at any time in the 20-year history of the Americans With Disabilities Act.”
Nicholas LaRocca of the National Multiple Sclerosis Society thinks people with disabilities may be seen as less productive, and, in a recession, are more likely to be let go. That
In Bankruptcy or Business, Failure May Be The Secret To Success
28 Aug
Posted by Ebony Culley as Credit Score
Back almost three years ago, one of the good bankruptcy attorneys in the Indiana Zuckerberg bankruptcy law office made a remark that I quoted in Bankruptcy in Indiana. That remark is truer today than ever: “No one can work in this field of bankruptcy law,” she said, “without thinking every day, ‘There, but for the grace of God, go I.’”
In fact, as a debt consolidation lawyer offering bankruptcy services in Indiana for more than twenty years, one of my missions is to help Indiana bankruptcy clients focus on the future rather than on their own past failures. Two of the top 15 myths about bankruptcy in Indiana have to do with failure:
- Filing bankruptcy means you’re a bad person
- Only deadbeats file bankruptcy
You can imagine, then, how fascinated I was, as a longtime bankruptcy lawyer in Indiana, by the notion that failure may actually be an important, even an indispensable, ingredient in success!
That’s exactly the concept presented by local author Robby Slaughter in his new book Failure: the Secret to Success. We Read full post…
As of the end of February, there were 576 million credit cards in circulation in the United States alone, according to CNBC.
And US consumer revolving debt was $864.4 billion as of the beginning of the year, with 98% of it tied to credit card debt.
So who are the top issuers of all these credit cards?
Well, you may be surprised to hear that Bank of America was the leader, with $194.7 billion in credit issued.
That includes business outside the US, in places like the UK, Canada, and Spain.
Chase came in a close second with $184 billion in credit issued via 119.4 million credit cards, making it the largest credit card issuer in the United States.
At third was Citi, with $148.9 billion in credit issued on 92 million credit cards.
Top 10 Credit Card Issuers
1.