Rich Supporters for Increasing Taxes on the Rich
Not only do the majority of the wealthy believe that they should be taxed more, so do a majority of Republicans. These are the surprising conclusions of two polls. When the second-richest American, Warren Buffett, wrote an op-ed column in the New York Times a number of months ago advocating increased taxes for himself and […]
As the Middle Class Gets Smaller, More of Us Live in Income-Segregated Neighborhoods
Over the last 30 years in America, more of the rich are living among the rich, and more of the poor are living among the poor.
What if Protecting Your Home Is Your Highest Priority?
You may have serious financial problems but have still managed to keep current on your mortgage. How does bankruptcy NOT hurt your home but instead protects it?
What is “Median Family Income,” and If You’re Making More Than That Can You Still File a Chapter 7 Case?
If your family income is more than the “median family income,” you may still be able to file under Chapter 7.
Ten Things You Need to Know About Assets and Exemptions in Bankruptcy
Most of the time, you get to keep whatever you own when you file bankruptcy. These 10 truths tell you how it works.
Record Corporate Profits Are Not Lowering Unemployment Rate
U.S. corporations are making record profits quarter after quarter, yet unemployment seems to be stuck at a devastatingly high rate. Why aren’t these financially flush big businesses hiring? I’ve been writing a string of blogs about how tax debts are dealt with in bankruptcy, and I’ll get back to that after today. But this is […]
State Sued for Diverting $50 Million from its Foreclosure Settlement Fund
The state with the highest foreclosure rate, Arizona, is being sued for violating the settlement’s federal consent judgment by not using the funds for helping homeowners.
Some States Are Not Using Their Foreclosure Settlement Funds to Help Homeowners
States recently received $2.5 billion from the major banks for foreclosure prevention and related help for homeowners. But much of that is not being used for those purposes.
More about Dealing with Very Aggressive Creditors in Bankruptcy
Most creditors don’t challenge your write-off of their debts in bankruptcy. But if one does, the system is poised to resolved that challenge relatively quickly.
Dealing with Very Aggressive Creditors Who Say You Can’t Discharge Their Debts in Bankruptcy
Bankruptcy court is a relatively efficient place to determine whether or not you must pay a debt which the creditor says can’t be discharged.