Here you are in your golden years and you’re also in overwhelming debt. The question now becomes “what should you do?” If you have retirement savings, you can use that to pay down debt, but then you won’t have anything left to live on. Or, a smarter choice, would be to keep your retirement savings,...Read More
Republished from Nolo.com There are many alternatives to filing for bankruptcy if you are struggling with small business debt. Depending on your circumstances, some of these options may also provide you more benefits than bankruptcy. Read on to learn more about the different alternatives for dealing with small business debt. Doing Nothing The easiest alternative...Read More
A litigation lawyer is a licensed attorney who is involved in every process of a legal matter from the initial meeting with a client all the way through the trial or settlement of a case. They are also known as “trial lawyers” for obvious reasons since they are usually involved in a trial of some...Read More
For Consumers Finding a Debtor Education Provider Can the United States Trustee Program (USTP) help me find a debtor education provider or recommend a provider? How can I locate an approved debtor education provider that offers services in languages other than English? Taking the Debtor Education Instructional Course May I complete my debtor education and...Read More
Consumers Counseling Requirements Must all individuals obtain credit counseling prior to filing a chapter 7, chapter 11, chapter 12, or chapter 13 bankruptcy? Finding a Counseling Agency Can the United States Trustee Program (USTP) help me find a credit counseling agency or recommend an agency? How does an individual locate an agency that offers credit...Read More
Settlement Addresses Robo-Signing and Other Improper Practices in Bankruptcy Cases WASHINGTON – The Department of Justice’s United States Trustee Program (USTP) has entered into a national settlement agreement with JPMorgan Chase Bank, N.A. (Chase) requiring Chase to pay more than $50 million including cash payments, mortgage loan credits and loan forgiveness to over 25,000 homeowners...Read More
The United States Trustee Program is a component of the Department of Justice that seeks to promote the efficiency and protect the integrity of the Federal bankruptcy system. To further the public interest in the just, speedy and economical resolution of cases filed under the Bankruptcy Code [external link], the Program monitors the conduct of...Read More
Oftentimes Bankruptcy and Divorce go hand-in-hand. If you are in the process of getting divorced, it would be wise to consult a consumer attorney to analyze your financial circumstances, ensuring all of your obligations will be accounted for in the Divorce Decree/Separation Agreement, and to determine if you can handle paying them once you go...Read More
I know I’ve talked about this time and time again. If you follow my blog, you are probably wondering why I’m going to dedicate another post to hiring the right lawyer for you. But I’m going to do it anyway, and I have good reason! No matter what lawyer you choose to hire, you need...Read More
When You File Bankruptcy You can choose the kind of bankruptcy that best meets your needs (provided you meet certain qualifications): Chapter 7 – A trustee is appointed to take over your property. Any property of value will be sold or turned into money to pay your creditors. You may be able to keep some...Read More
