In most areas of life, problems have a straightforward solution. For example, if you want to lose weight, you undoubtedly know that you should get more exercise and eat healthier. But that doesn’t always translate into action – we’ll start tomorrow; we need to find “the right gym”; it would be a real shame to let those pudding cups in the fridge go to waste. Even then, on any given day, you can wake up in the morning and decide to take a long walk or have a grapefruit for breakfast instead of a donut, and you’ve taken a step in the right direction.
Seth Price is the co-founder and managing partner of the Washington, D.C.
This week we’ll be addressing some common misconceptions about life after bankruptcy. For many people across the country, bills are continuing to pile up in the wake of COVID, and many others are still struggling to find jobs. As the financial burdens continue to increase without direct relief, many more will be turning to bankruptcy to help.
Attorney Barton Warren is an exceptional trial lawyer and he is highly respected for his legal skills throughout the state of Alabama. Along with his long-time law partner,
Imagine that you’ve been wrestling with debt for a couple of years, and finally decided to take charge and reclaim control of your finances. You hire an attorney and file Chapter 7 bankruptcy. A few weeks after you file, you buy a Tennessee lottery ticket while you’re paying for gas and you win.
Now what?
This week we’ll be discussing another sensitive topic, but one that merits addressing: the plight of the homeless population in our communities. COVID has without a doubt made the experience of being homeless even more difficult, and frighteningly, the financial fallout of the virus could see more people finding themselves in similar situations.
Financial stress and pressure from debt collectors can create a sense of urgency that isn’t always productive. The urge to get a creditor off the phone, stop the threatening phone calls, eliminate the possibility of a lawsuit and otherwise dial down the pressure makes many people reach for the first available release valve. Too often, that means a dangerous financial decision that will ultimately do more harm than good.
Over the past 30+ years, Bond & Botes has been blessed with attorneys who are skilled not only in the practice of bankruptcy law, but in the very machinations that improve the experience for all involved. Wm. Joey Schiffman is one such attorney.
The short answer is “no,” but there’s some good news, too. Before we jump into the options you do have for making things right with a friend or family member when you file bankruptcy, let’s look at the general rules for repayments leading up to a bankruptcy filing and how “insiders” are treated differently.
Attorney Rafi Stern has packed in a lot of work and experience in the relatively short time since his law school graduation. A product of New York City, Rafi has found his passion in the form of non-profit legal work. He is currently a legal fellow with the