As a Virginia bankruptcy lawyer, I’ve talked to three hundred people who’ve gotten loan modifications.    (Most before they filed...

You can thank the bank lobbyists who wrote the 2005 bankruptcy law for this cute trick.   When times get tough, filing bankruptcy gets...

Generally I don’t recommend paying for help with loan mods.  Two reasons.  I think people can do pretty well on their own.  And the...

Do I need to file bankruptcy after foreclosure? For some people, the answer is obvious.  If there was a second mortgage on...

The Bankruptcy Law Office of Robert Weed is proud to announce that Klinette Kindred has been named a bankruptcy trustee.  Kindred joins...

Donald Trump isn’t embarrassed and he’s worth $2.7 billion. Donald Trump’s casinos, Trump Entertainment Resorts, emerged from Chapter 11...

Eighty years ago today, June 16, 1930, Will Rogers‘ most famous quote first appeared in print.  “I never met a man I didn’t like.”...

As a bankruptcy lawyer,  I see a lot of people who have been knocked down by life.  Filing bankruptcy can get you back on your feet...

Debt collector and debt buyer Midland Credit Management pays an average of less than five cents for each dollar of debt they buy. That...

A new study by the National Bureau of Economic Research suggests that the 2005 bankruptcy reform law added to the housing crisis 200,000...

Maureen O’Malley, a leading bankruptcy lawyer in Herndon, Va,  sent me this credit card disclosure.  It shows it will take $1.1 million...

Someone came to me today and we are filing her bankruptcy tomorrow–we hope to save her security clearance and her job. This lady...

Important new regulations issued by the Obama administration say two very important things for people struggling with their debts and...

I just found out that when you file bankruptcy, Wachovia will freeze your accounts.  That’s even if you don’t owe them any money. So if...

Many people ask me what happens if they walk away from the house and don’t file bankruptcy.  Do the big banks and mortgage companies...

Today’s New York Times blames the Democratic defeat in the Massachusetts Senate election, in part on the failure of the Obama...