Bank of America is Hated–It’s Official!

I just finished reading this article from Mother Jones which outlines the 10 most hated banks in America, according to complaints received by the Consumer Finance Protection Bureau from 2011 to 2014.   Ah ha, the winner is Bank of America.  And Bank of America is hated by a good distance, by the way, with Wells Fargo, Chase and Citibank … Read More

What is IRS Tax Relief?

If you owe IRS tax debts, you probably see and hear a ton of advertisements concerning IRS tax relief.   What exactly does this mean, and what are the specific types of IRS tax relief? Offer in Compromise The first type that people think of is settling IRS tax debts. This is known as the Offer in Compromise program that … Read More

3 Questions to Ask if You’re Filing a Bankruptcy Case

There are 3 questions to ask if you’re thinking about filing a bankruptcy case. Preferential Payments and Transfers First, is your case going to be approved by the Court? As an attorney, I want to know if clients have engaged in any questionable practices in the recent past. Specifically, have they sold or transferred any assets to “insiders” (definition: family … Read More

Getting a Mortgage After Bankruptcy Discharge–One Person’s Story

A recent client just called me today about her efforts to get a new mortgage after her bankruptcy discharge was granted.  She and her husband had about $35,000 in credit card debt that they wiped out with a Chapter 7 bankruptcy filing.   They filed their case in April 2011 and their case was approved, and they received their discharge … Read More