Walter Metzen, Author at National Bankruptcy Forum - Page 2 of 8
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Why is Rosland Capital Telling Everyone to Buy Gold?

Rosland Capital advertises heavily on television, encouraging people to purchase gold and silver coins as well as gold and silver ingots. With the current turmoil in the stock markets, this may sound tempting. The question that is often asked is whether it is a good idea to purchase precious metals, either as an investment, as…

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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…

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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…

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4 lessons from 50 Cent’s bankruptcy case

A federal judge recently discharged the bankruptcy case of rapper 50 Cent after he paid more than $22 million of his debt. 50 Cent filed for Chapter 11 reorganization in 2015, with debts of $36 million and assets of less than $20 million. The “Get Rich or Die Tryin’” artist, whose real name is Curtis…

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How many people filed for bankruptcy in 2016?

Bankruptcy filings are continuing to decline, with fewer than 800,000 people filing in federal courts last year. All bankruptcy cases are handled in federal courts, per the U.S. Bankruptcy Code. Although 800,000 seems like a lot, it pales in comparison to the height of the economic collapse in September 2010, which saw nearly double the amount…

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IRS Sanctioned for Willful Violation of Discharge Order

The Bankruptcy Discharge Applies Even To The Federal Government Creditors who attempt to collect on debts that have been discharged in bankruptcy often find themselves in serious hot water with the Bankruptcy Court.  Bankruptcy judges take the discharge order very seriously and will dish out punishment to those who ignore its prohibitions against continued collection…

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