There are so many people these days who are struggling to make ends meet because of the enormous debt on their home.  It is not entirely uncommon for these people to have a second and in some instances a third mortgage on their home. They love their home and don’t...

There are two major misconceptions about bankruptcy and the property of the person filing bankruptcy. One line of thinking is that when you file bankruptcy you lose all of your property. The competing idea is that when you file you get to keep everything you own....

Allen Iverson, the former NBA superstar and MVP, has indicated that he is broke and considering bankruptcy? Iverson, was an accomplished athlete and was generously compensated for his talents. Over his fifteen (15) year career, Iverson earned $200 million dollars....

I understand the when you are facing serious financial trouble, you do just about anything to keep your head above water. Many of these transactions are seemingly harmless. Unfortunately, if you are in such a financial bind that you are considering bankruptcy, it is...

When someone comes into my office with questions about bankruptcy, after going through their finances and determining whether I would even recommend bankruptcy, the first question they have is, “What is the difference between a chapter 7 and a chapter 13?” Chapter 7 A...