Category archive for ‘Uncategorized’ 
A Bankruptcy Attorney’s Quest For Health, Wealth and Work Life Balance: Part Three (It’s all about me!)
by Jeff on 2/22/10 | 1 Comment(s)
Last week, I wrote about how I blew up my law firm to improve it, thanks to some lessons I learned reading “Rich Dad, Poor Dad” by Robert T. Kiyosaki. I discussed one simple lesson: Pay Yourself First. I then explained how I applied it to running my law practice and the changes I’m making Read more>>
Another San Diego bank takeover, failure due to ‘bad’ mortgage loans.
by John C. Colwell on 2/20/10 | 0 Comment(s)
The San Diego Union-Tribune reports, this morning:
http://www.signonsandiego.com/news/2010/feb/19/la-jolla-bank-seized-by-federal-regulators/
Another San Diego bank failure due to the mortgage lending fiasco. This is the 4th area bank in recent times, to fail. Will the administration and Congress ever act to allow true mortgage modification in Ch. 13? There are folks who would like to stay in their homes and 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>>
I Can’t Afford To Pay My Medical Bills, Is Bankruptcy an Option?
by Moderator on 1/29/10 | 0 Comment(s)
Unfortunately, the term “medical bankruptcy” is becoming widespread in our country. Indeed, Facing a necessary medical procedure without health insurance can cause severe financial hardship. In fact, even those who have health insurance can struggle to make payments. According to CNN Health and the American Journal of Medicine, 60% of personal bankruptcies are caused by medical expenses:
“Bankruptcies Read more>>
Fraudulent Aspects of Using a Strawman in the Short Sale of Residential Property to a Family Member in Florida: Conclusion
by Steve Combs on 1/27/10 | 0 Comment(s)
Many real estate experts and commentators are of the view that the type of transaction discussed in this article does amount to civil and/or criminal fraud. Lenders are attempting to stop these type of transactions from occurring via the use of the arms length transaction affidavits. See “Why Does the Bank Require an Arms-Length Affidavit Read more>>
Bankruptcy Attorneys Must Pay Attention to Local Procedures When Handling Reaffirmation Agreements
by Drew Broaddus on 12/31/09 | 0 Comment(s)
Richard Stokan from our office recently wrote an interesting post here about the practical aspects of negotiating reaffirmation agreements. In short, a reaffirmation agreement is a new contract signed between the debtor and a lender that reaffirms the debtor’s personal liability for a debt (typically an automobile or home). This agreement essentially states that the Read more>>
Use Caution When Presenting a Passport to Establish Identity at Your Meeting With the Bankruptcy Trustee
by Drew Broaddus on 12/27/09 | 0 Comment(s)
As I have previously discussed on the O’Connor, DeGrazia, Tamm & O’Connor website, Section 341 hearings (also known as meetings of the creditors or meetings with the trustee) are mandatory meetings of creditors and equity security holders held pursuant to 11 U.S.C. Section 341 of the Bankruptcy Code. The law requires that this meeting occur Read more>>
Contact your Congressional Representative in support of loan modifications in Ch. 13
by John C. Colwell on 12/10/09 | 0 Comment(s)
NACBA is sponsoring an email campaign in support of allowing loan modifications in Ch. 13. Currently, this option is being blocked by special interests, when in reality, the option will help keep American families in their homes. Please support our efforts by clicking on the following link and participating in the legislative effort to make Read more>>
What is Chapter 12 Bankruptcy?
by Drew Broaddus on 12/06/09 | 0 Comment(s)
At our firm, we advise every potential bankruptcy client about each chapter of the Bankruptcy Code that could potentially provide them with protection from their creditors. Although these discussions typically focus upon Chapter 7 (and, to a lesser extent, Chapter 13), one of the chapters we also mention is Chapter 12. This chapter is designed Read more>>
