Author Archives 
New Mexico Leads the Way in Combating Foreclosure
by John Rogers on 3/02/10 | 0 Comment(s)
“As the Obama administration works up its 12,487th plan for keeping underwater homeowners in their homes, New Mexico’s legislation had the courage and good sense to do the obvious: let foreclosed homeowners stay in their home as renters. The New Mexico legislature voted to allow homeowners in houses that sell for less than the median Read more>>
Study Finds More Consumers Making Payments on Their Credit Cards Before Their Mortgages
by John Rogers on 2/26/10 | 0 Comment(s)
TransUnion, one of the large credit reporting agencies, is out with a new study that is quite alarming, but not surprising. The study, which finds that, for the first time, consumers are more often defaulting on home mortgages rather than credit card payments, contains a lot of fancy data and conclusions.
I don’t find this trend surprising Read more>>
Debt Settlement Companies… Beware !
by John Rogers on 2/16/10 | 0 Comment(s)
I have folks come in every week to my office that have paid literally hundreds and thousands of dollars to these outfits, and receive no help on their debt whatsoever. It is truly heartbreaking to see folks lured into the deceptive trap that these companies set.
Their entire business model seems to be to deceive folks that Read more>>
Legal Research for your iPhone, iPod Touch and new iPad !
by John Rogers on 1/30/10 | 0 Comment(s)
Today, legal publisher Fastcase has announced that they have released the world’s first legal research app, available for the iPhone, iPad, and iPod Touch according to PRWeb.
The app will be the largest law library on the iPhone, available as a free download, and will allow free searching of the company’s national law library of both Read more>>
Why you should never give up !
by John Rogers on 1/29/10 | 0 Comment(s)
This excerpt about the author J.K. Rowling, of the popular Harry Potter series, from The Writers Almanac, by Garrison Keillor, is, I think, a very good example for folks that are down on their luck to ponder:
“Rowling grew up in rural England. She tried writing a couple of novels, but never finished them. One day Read more>>
Dave Ramsey and Bankruptcy
by John Rogers on 1/22/10 | 0 Comment(s)
Here is Dave’s take on filing bankruptcy.
Don’t let him fool you. Bankruptcy is a viable option for many folks in today’s economy. In fact, if you have a large amount of credit card debt or medical bills, or need to get out from under a large mortgage, it is often the only option available. Further, Read more>>
Can I Keep One Of My Credit Cards When I File For Bankruptcy?
by John Rogers on 1/19/10 | 1 Comment(s)
A question that I get asked almost weekly !
It is not wise to try to keep a credit card when you file for bankruptcy , and always, always tell your attorney about all of your debt, including all of your credit cards.
Also, it is important to know that even if you have a credit card Read more>>
Do all creditors have to be listed on bankruptcy schedules ?
by John Rogers on 1/15/10 | 0 Comment(s)
Yes. All of the debts have to be scheduled, with the name and address of the creditors. This is so they can receive notice of the bankruptcy, and get their fair share of any money that is paid to creditors. Sometimes debtors think that they should omit a creditor because they want to continue to Read more>>
Why It Is Important To Have An Attorney When You File Bankruptcy
by John Rogers on 1/14/10 | 0 Comment(s)
Bankruptcy Attorney Court Appearance. As this video demonstrates, there are important consequences if your bankruptcy paperwork is not completed properly, disclosing everything… also, you may have to appear in front of a judge and you will want an attorney present with you if you do !
John Rogers, Kentucky Bankruptcy Attorney
The Dangers of Personally Guaranteeing Business Debt
by John Rogers on 1/11/10 | 1 Comment(s)
The Wall Street Journal has a recent article outlining the perils of personally guaranteeing business debt. We often have clients that have done this, even putting up their personal home as collateral for business loans. When considering bankruptcy, it is very important to have all the loan documents available for your attorney to review so Read more>>
