The Federalist Papers are a key source for understanding the intentions of the drafters of the Constitution. What do these essays say about the Bankruptcy Clause?
The Bankruptcy Clause of the U.S. Constitution
225 years ago this month, the Constitutional Convention adopted the U.S. Constitution. Its Bankruptcy Clause was a quiet but crucial component of a much stronger national government.
The Nitty-Gritty about Catching Up on Your Mortgage through Chapter 13–Part 2
More answers about how Chapter 13 gives you up to 5 years to catch up on your past-due mortgage.
The Nitty-Gritty about Catching Up on Your Mortgage through Chapter 13–Part 1
Chapter 13 gives you up to 5 years to catch up on your past-due mortgage. How does this actually work?
Stopping a Home Foreclosure with a Bankruptcy, Temporarily or Permanently
Filing bankruptcy can buy you a little time or a lot of time, enough time either to transition to a new home or to save your home.
$36 Billion in Student Loans Is Owed by Americans 60 Years Old and Older
This $36 billion is owed by 2 million older Americans. Garnishment of their Social Security benefits to pay these student loans has skyrocketed.
The Limited Power to Force a Creditor to Surrender Your Garnished Wages
Once garnished, that portion of your wages or salary is forever gone. With one exception.
The Collision between State Garnishment Law and Federal Bankruptcy Law
Bankruptcy quashes a garnishment, but only if it’s filed in time.
Bankruptcy Stops Wage Garnishments Before They Can Hit You
Bankruptcy protects your paycheck because it’s more powerful than the creditor’s garnishment court order. Bankruptcy Stops Wage Garnishments A garnishment is effectively a court order which tells your employer to pay a portion of your paycheck to the creditor instead of to you. Except in rare circumstances, a creditor can’t get that garnishment order without first suing you and getting … Read More
Just Been Sued by a Creditor? How Bankruptcy Helps Right Away
Getting sued by a creditor is a wake-up call to consider filing bankruptcy. If it is the right thing to do, there are advantages to filing before your deadline to respond to the lawsuit. If you get sued by a creditor, as discussed in my last blog it’s dangerous both short-term and long-term not to consult with an attorney. … Read More