Columnists

Spencer Abraham, New York Times: Just as financial institutions depend on the confidence of those with whom they do business ( ... liquidation under Chapter 7 of the federal bankruptcy code. Debtor-in-possession financing — which ... credit from suppliers, which amounts to tens of billions of dollars.  And as surely as day leads [more...]

Date: 2008-11-24 19:21:30

Blog posts (7) | Videos (22)
 

Credit Card Debt: Next Big Hit to Banks?

Given how overextended consumers are, and how banks have been cutting back on the cheapest piggybank, home equity loans, by slashing those credit lines, and the reports of rising delinquencies from even conservative ... in credit card losses. But under the new bankruptcy code, if you do no qualify for Chapter 7 bankruptcy [more...]

Date: 2008-10-01 09:17:30

New York City Bankruptcy Lawyer amp; Attorneys - Chapter 7

div style=’float: right; width: 100px; padding: 5px; margin: 5px; background-color: #FFFFCC;’font size=1font color=’#cc0000′bTip! ... include child support, taxes, student loans etc./ppOne bad aspect of filing for personal bankruptcy is that it will stay on your credit report for ten years. Obviously, this makes applying for new [more...]

Date: 2009-01-11 16:15:36

Choosing Between Chapter 7 and Chapter 13

The current global financial crisis caught many Americans unprepared for a downturn of the scale that has happened. As a consequence, many Americans found themselves in a situation where their financial liabilities far outpaced their ability to keep up without access to easy credit. The tightening of the credit markets in response to the current crisis inevitably led to a radical increase in the number of bankruptcies filed in the United States. [more...]

Date: 2009-09-11 20:55:33

Bankruptcy Concerns

A big concern for those Americans who choose to file Chapter 7 or Chapter 13 Bankruptcy is how and when they will be able to regain their credit ... to begin credit repair. Immediately after a bankruptcy filing, you can expect credit ... much credit at once. Eighteen to twenty-four months following a bankruptcy discharge, you will qualify [more...]

Date: 2009-01-14 22:18:32

Declaring Bankruptcy And Counseling

Under the new laws, prior to filing bankruptcy under either Chapter 7 or Chapter 13, you must complete credit counseling with an agency approved by the United States Trustee’s office ... for bankruptcy or whether an informal repayment plan would get you back on track. To find an approved agency [more...]

Date: 2009-01-17 12:40:37

Need a game to learn to manage your credit?

By Philip Brewer Everybody learns best in their own way ... 7 and chapter 13--and bankruptcy alternatives), your credit score, etc.  There are also some little ... about some of the ill effects of bad credit.  They're pretty well done. Probably not the perfect tool [more...]

Date: 2008-09-18 11:51:03

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