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We recently came across an article predicting 10 brands sold in America that will disappear before 2014. The criteria used to make the predictions are listed as: Declining sales and losses Disclosures by the parent of the brand that it might go out of business Rising...
I recently came across a CNBC article discussing how millions of Americans have their home stuck in limbo despite government programs meant to help them. Bank regulators ordered a national review of troubled loans, only for the government to cancel the review and...
Facebook, Twitter, Instagram and other social media sites have become one of the primary ways people communicate with each other. Many individuals love sharing their lives, including pictures and daily posts on what we're doing. However, if you are a debtor in a...
In 2005, the Bankruptcy Code was amended. Part of the amendment included a formula to be used by the courts to determine if an individual is eligible to file a Chapter 7 case. This formula is referred to as the "means test." The purpose of the means test is to prevent...
Bruce Levitt talks bankruptcy in an interview with laws.com. Click on the links to read more of this interview or law in general.
Casey Anthony filed a Chapter 7 bankruptcy case earlier this year. You probably recall that Ms. Anthony was charged with murdering her two year old daughter, Caylee. At first Anthony alleged that her daughter was kidnapped by her nanny, and then she changed her story...
Modern technology is an amazing thing, if you can keep up with it! If you own an iPad or iPhone, you may want to take a look at these apps to see if they can make your life run a little smoother:· WestlawNext....
Various dollar amounts in the Bankruptcy Code were increased for cases filed on or after April 1, 2013. As a result, several official bankruptcy forms have been revised to reflect the new dollar amounts, including the official Proof of Claim form, as well as a number...
Recent foreclosure statistics for New Jersey are alarming. While the rest of the country appears to be emerging from the recession in the housing market, foreclosures are still on the rise across New Jersey. CoreLogic shows the Garden State with the second highest...
We have seen recent discussions regarding whether a recent graduate can pay his or her student loan with a credit card, then file for bankruptcy and discharge the debt as an unsecured credit card debt. While this strategy may seem like a good plan for circumventing...