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Jay S. Jump is an attorney practicing in the State of Washington. With offices in Kent and Davenport, WA, the Jump Law Group has helped thousands of people find their way to a new financial life in the State of Washington. Jay S. Jump Jump Law Group 253 479 0241 509 725 1130 253 270-8970 Facsimile www.jumplawgroup.com
United States Aid Funds v. Espinosa – Student Loan Issues
by Jay Jump on 3/23/10 | 0 Comment(s)
Today the Supreme Court issued a new decision in the ongoing saga of student loan debt. United States Aid Funds, Inc. v. Espinosa. The background facts are as follows. Debtor Espinosa confirmed a Chapter 13 plan which included language specifically stating that the principal would remain due and owing on the student loan debt, however, [...]
Jay S. Jump is mentioned in Lawyers Weekly
by Jay Jump on 3/11/10 | 1 Comment(s)
As a result of a former blog entry on this website, Jay S. Jump, an attorney in Washington State, and a contributor to the National Bankruptcy Forum, was interviewed for Lawyers Weekly USA on the Milavetz decision handed down by the Supreme Court earlier this week. Click here to read the article.
Debt Buyer Practices
by Jay Jump on 3/11/10 | 0 Comment(s)
Initially, let me explain what a debt buyer is. A debt buyer is a company or individual who purchases note paper. When you purchase a home, or a car, you sign a promissory note. This promissory note is what entitles the creditor to collect money from you for payment on the loan. Often times, the [...]
Milavetz v. United States
by Jay Jump on 3/08/10 | 4 Comment(s)
A setback for debtors and debtors attorney’s everywhere. This part is bad for the attorneys: Attorneys who provide bankruptcy assistance to assisted persons are debt relief agencies under the BAPCPA. By definition, “bankruptcy assistance” includes several services commonly performed by attorneys, e.g., providing “advice, counsel, [or] document preparation,” §101(4A). Moreover, in enumerating specific exceptions to [...]
Why you need to file bankruptcy. . .
by Jay Jump on 3/04/10 | 5 Comment(s)
You can villify me later. For now, I need you to read and get some perspective. Pay attention because we’re going to move fast. You need to file for bankruptcy. Let me say it again for those of you who are still shaking your head. YOU NEED to file for bankruptcy! There, I gave you [...]
You have to name it to claim it!
by Jay Jump on 2/03/10 | 0 Comment(s)
I just filed a case where we listed a potential FDCPA claim in my client’s bankruptcy schedules. She had been harassed by a debt collection agent who had left an inappropriate voicemail on my client’s answering machine. It was heard by people who were beyond the scope of FDCPA communication and it was not only [...]
Adversary Actions for Debts obtained under false pretenses
by Jay Jump on 1/08/10 | 0 Comment(s)
Recently, I took on a case that involved a non-dischargeability action. They debtor had been accused of shorting his company some money and the other officers and directors were objecting to the discharge of the debt in the bankruptcy proceeding. However, what the creditor’s didn’t realize is that the standards for dischargeability for false pretenses [...]
Published Unemployment v. Real Unemployment
by Jay Jump on 1/08/10 | 0 Comment(s)
I used to be a devotee of CNBC every morning. I would watch the stock market climb or fall, listen to the anchors tell me how to invest my money and believe every word of it. That was wrong. I don’t watch it anymore, I can’t. The news is depressing. What’s worse, I know it [...]
The psychological effect of staying in your home after bankruptcy.
by Jay Jump on 1/08/10 | 0 Comment(s)
After your bankruptcy is finished, don’t move out. Stay in the home.
Supermarket Files for Bankruptcy
by Jay Jump on 11/18/09 | 0 Comment(s)
Penn traffic files for Bankruptcy: Penn Traffic is the owner of a chain of regional supermarkets on the east coast. Today, according to Reuters, they filed for Chapter 11 bankruptcy in Delaware. This is a significant problem in our society if you haven’t already considered it. Small businesses across the country have been cut off [...]
