Blog Posts in September, 2010
Posted on Sep 29, 2010 By Joseph Tosti
Reaffirmation agreements have been the source of significant debate since the bankruptcy amendments of 2005. One issue that strikes fear in the hearts of debtor's counsel is whether to allow a client ...
Continue reading "Credit Scores And Reaffirmation Agreements" »
Posted on Sep 24, 2010 By Joseph Tosti
This is a question we hear a lot: who will find out if I file bankruptcy? It's a good question with a pretty simple answer, but like a lot of things about bankruptcy, people tend to worry about it. ...
Continue reading "Who will find out if I file bankruptcy?" »
Posted on Sep 22, 2010 By Joseph Tosti
Many Chapter 7 bankruptcy debtors worry that they will loose all their belonging, including their "valuable collectibles". Depending on how you look at it, many debtors turn out to be lucky because ...
Continue reading "Bankruptcy and Collectibles … What Can You Keep?" »
Posted on Sep 20, 2010 By Joseph Tosti
Bankruptcy can discharge income tax if certain conditions are met. One required condition is that returns must have been filed. Some bankruptcy courts have recently taken the position that a return ...
Continue reading "Can I Discharge Tax on Late Filed Returns" »
Posted on Sep 16, 2010 By Joseph Tosti
The average consumer debt collector employee places 200 collection calls per day or 50,000 calls per year! How do they make so many calls? Most use a technology known as autodialing, even though the ...
Continue reading "Debt collectors using auto-dialers face BIG fines" »
Posted on Sep 13, 2010 By Joseph Tosti
For the fiscal year 2010 ending June 30, 2010, over 1.5 million bankruptcy cases were filed in the United States. For the American people, that is a remarkable rate of one case every 20 seconds. Since ...
Continue reading "One American is filing bankruptcy every 15 seconds" »
Posted on Sep 8, 2010 By Joseph Tosti
As a bankruptcy lawyer , one of the first things I advise my clients to do when they decide they are filing bankruptcy and hire me is to stop paying on their credit cards. More on this later in the ...
Continue reading "4 Collection Steps After You Stop Paying Credit Card Debt by K. Hunter Goff · Posted in *Filing for Bankruptcy" »
Posted on Sep 1, 2010 By Joseph Tosti
A sure way to stop creditors from contacting you is to file for bankruptcy protection. Under the Bankruptcy Code, once you file with the Court, an order called the “automatic stay” goes into effect ...
Continue reading "What Can I Do To Stop Creditors From Contacting Me?" »