Biden on Bankruptcy: 10 Ways the Bankruptcy Laws Could Change if Democrats Take the White House
In the last few weeks as Vice President Biden has solidified his position as the presumptive Democratic Party Presidential nominee, he has adopted positions of his former rivals to unify the party, including endorsing Senator Warren’s proposals relating to the changes adopted in the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, Public Law…Read more
The 5 Best Credit Cards for Rebuilding Your Credit
If you have a low credit score, it probably either means you’re just starting to build your credit as a young adult, or you’ve been unable to pay bills, been sent to collections, and your score has consequently taken a dive. If you’re a young person, credit card companies are probably banging down your door…Read more
Will the IRS Really Forgive Most of My Tax Debt?
There are plenty of commercials on TV claiming it’s easy to get tax debt forgiven by the IRS. But, you know what they say – if it sounds too good to be true, it probably is. Be careful. There are excellent tax attorneys who may be able to work a deal with the tax man….Read more
7 Ways to Tackle Holiday Debt
The holidays are over, and the bills are now rolling in. According to Magnify Money, Americans racked up an average of $1,381 in debts during the record breaking 2020 shopping season. It can take months or even years to pay that off on your credit cards. If you have a card with a rate of…Read more
Can I Keep My Farm & Livestock and File Bankruptcy?
People who are considering bankruptcy often wonder whether they will be able to keep their property, and farmers are no exception. Although I practice bankruptcy law in an urban area, the topic does come up from time to time for some clients who own farms or rural land. People who keep livestock and grow crops…Read more
Should I choose a college based on my parents’ income?
We all know college is expensive. But just how hard is it to pay off student loans? According to new information published by the National Bureau of Economic Research (NBER), choosing the right school to attend can have a huge effect on your future — but not just on what type of job you might…Read more