Yes, you do have a moral obligation to pay your debts. But you may actually have HIGHER moral obligation to file bankruptcy instead. The Moral Side of Bankruptcy Is it the right thing to do? Is bankruptcy the morally right thing for you to do? This is not usually talked about, maybe ... Read More »
The Bankruptcy Code
You might feel better informed and more comfortable around bankruptcy if you knew just a little bit about the federal Bankruptcy Code. Empowered by the U.S. Constitution The United States Constitution gives Congress the power “to establish... uniform laws on the subject of ... Read More »
The Pursuit of Happiness this 4th of July
This 4th of July follow the Declaration of Independence and claim your right to "Life, Liberty and the pursuit of Happiness." Your Life in Mid-2017 If you’re reading this on the Fourth of July weekend there’s a good chance you have some serious financial problems. Your debts may be ... Read More »
Making Sense of Bankruptcy: Using State Property Exemptions in Federal Bankruptcy
The U.S. Constitution makes bankruptcy a federal procedure. So why is the amount of assets you can protect different in each state? The sentence we’re explaining today is: The Constitution gives Congress power to make “uniform Laws” on bankruptcy, yet for much of our history it has had ... Read More »
Making Sense of Bankruptcy: How Can Bankruptcy Write Off My Debts?
If I legally owe debts, and maybe even have a court judgment saying I do, how can bankruptcy wipe away those debts and erase that judgment? Here’s the sentence that we’re explaining today: If you are legally obligated to pay a debt, and even if you have had a court confirm ... Read More »
