Bankruptcy has a bad rap. It's true. Working in bankruptcy, we see so many of the harsh realities our clients are facing each day. Outside the bankruptcy circle (including bankruptcy attorneys, financial advisors and even the courts), bankruptcy has a bad image. "Bankruptcy is great for people who rack up enormous debt and then can't...
[caption id="attachment_273" align="alignleft" width="150" caption="Natural disasters often leave homeowners holding the bag on mortgages, property taxes and more."][/caption] We’ve all seen the devastating television footage of Mother Nature’s fury. From out of control wildfires in the Southwest to historic flooding and the ravages of hurricanes in the Northeast, it seems that no one is immune...
[caption id="attachment_40" align="alignleft" width="210" caption="U.S. Bankruptcy Courts Still Seeing an Increase in Filings"][/caption] U.S. bankruptcies increased 35% over the last year with 1.3 million bankruptcy cases filed between July 2008 and June 2009 as the recession took a steep toll on households and businesses, said the Administrative Office of the U.S. Courts on Thursday. Leading...