Category archive for ‘Featured’ 
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.
Minimum payments on my credit cards are OK, right?
by John C. Colwell on 12/07/09 | 2 Comment(s)
Well, if you are a banker, they are great! Consider though, that paying minimum payments and being satisfied with that staus quo, is precisely where the banks want you to be, stuck. Stuck, and stuck good. Take a look at the following figures, you may find them surprising. I find them SHOCKING! $1000 balance, 18% [...]
Tax Consequences of a Short Sale; the Bankruptcy ‘Cure’
by John O'Connor on 9/07/09 | 3 Comment(s)
Debts discharged in Bankruptcy are not taxable events. With the housing market in turmoil, many are looking to a short sale as a way out from under a house that is rapidly declining in value. A true short sale or deed in lieu of foreclosure involves a forgiveness of debt. The borrower either sells or [...]
