This post is more for the do it yourself bankruptcy (pro se bankruptcy) crowd. Too many times I receive calls from people who file chapter 7 bankruptcy without an attorney to find out that they really messed up because they didn’t understand the good and bad uses of chapter 7 bankruptcy. As with anything, you need to the right tool for the job; bankruptcy is no exception. (more…)
Bankruptcy attorney malpractice is rare. It is not that bankruptcy attorneys don’t make mistakes and some bankruptcy attorneys really are bad at what they do, but bankruptcy attorney malpractice is practically non-existent. To understand why, we first need to understand malpractice.
What is Attorney Malpractice?
One of the guiding principles of my life is to only spend time and energy on those things over which I can affect and control. I can do only that which I have the power to do. This concept is implied by the truth that time is the only, truly, limited resource. Once time is gone, you can’t get it back. The implication is that time must be spent wisely and therefore you should only spend time on things over which you have power or control. (more…)
The 10th Circuit Court of Appeals just gutted the ability of many debtors to discharge back taxes in bankruptcy. The case is In Re Mallo, et al and was issued December 29, 2014. (more…)
Typical bankruptcy petition preparers charge $200.00. Do you think they have the means, duty, or incentive to safeguard the sensitive and private information you are providing for them to prepare your bankruptcy petition? (more…)
If you change your perception of value, you can change your life in so many positive ways. Imagine if you will that a Starbuck’s Venti Pumpkin Spice, Double Whip, Latte cost you $35 instead of $5 (with tax). What if that Chipotle Steak Burrito cost you $46.55 instead of $6.65? What changes would you make? Wouldn’t you, suddenly, live your life differently? Wouldn’t you start making different choices and re-evaluating what is important. (more…)
Do you know if you need bankruptcy? Are you willing to admit to yourself that you need bankruptcy? No one wants to file bankruptcy. However, debt ruins lives, not bankruptcy. The first step to deciding to file bankruptcy is recognizing that you need bankruptcy. How do you do that in a simple, objective way? (more…)
Is it possible to go to college for free. If you do it right, you can attend college in the U.S. for free, or nearly free. Student loans are increasingly becoming a financial death sentence, especially for the student’s parents. Nearly all student loan products available require a co-signer; unemployment is still high and employment of college graduates is at an all-time low. Student loan debt in this nation recently surpassed one trillion dollars and is climbing. So, how can you go to college for free or nearly free without incurring mountains of debt or being lucky enough to have a well-off family? (more…)