• CAN I SELL HOME IF I FILE BANKRUPTCY?

    CAN I SELL HOME IF I FILE BANKRUPTCY?

    BANKRUPTCY  ATTORNEY QUESTION FROM CLEARWATER, FLORIDA If I file Bankruptcy, can I still sell my Home, asks D McDonald of Clearwater, Florida.  Generally, if the home or real estate in question is your Homestead, you may sell the subject property, and retain the proceeds or profits of that sale, provided you use such proceeds towards…

  • MOST PRO FOOTBALL PLAYERS GO BANKRUPT OR BROKE: TRUE OR FALSE? (PART II OF II)

    MOST PRO FOOTBALL PLAYERS GO BANKRUPT OR BROKE: TRUE OR FALSE? (PART II OF II)

    For an enhanced understanding of this Article, please refer to Part I in this Series, Most Pro Football Players Go Bankruptcy Broke:  True or False? Pablo Torre, the Author of the Sports Illustrated Article, recounted his Article, on May 4, 2015, piece entitled, There’s A Difference Between Broke And Bankrupt For Ex-NFL Players, in an…

  • MOST PRO FOOTBALL PLAYERS GO BANKRUPT OR BROKE:  TRUE OR FALSE? (PART I OF II)

    MOST PRO FOOTBALL PLAYERS GO BANKRUPT OR BROKE: TRUE OR FALSE? (PART I OF II)

    The infamous 2009 Article in Sports Illustrated, by Pablo Torre, maintained that two years after their collective retirement from professional football, 78% of former players in the NFL “have gone bankrupt or are under financial distress because of joblessness or divorce”.  Subsequent to this Article, Forbes published a 2005 piece, “Five Reasons Why 80% Of…

  • WHAT IS A LIS PENDENS?

    WHAT IS A LIS PENDENS?

    BANKRUPTCY ATTORNEY QUESTION FROM SPRING HILL, FLORIDA We have a Bankruptcy Lawyer question from Spring Hill, Florida.  R McDonald asks, what is a Lis Pendens? A Lis Pendens is a Notice that warns persons, such as prospective Purchasers, renters or others having an Interest in the Property under suit that the Title to the Property…

  • WHY IS BANKRUPTCY IMPORTANT?

    WHY IS BANKRUPTCY IMPORTANT?

    BANKRUPTCY ATTORNEY QUESTION FROM NEW PORT RICHEY, FLORIDA A gentleman from New Port Richey, Florida asks our Bankruptcy Attorney, why is bankruptcy important?  Bankruptcy is important because it is one of the few tools that an Individual possesses to prevent his or her enslavement. A Corporation may also file a sort of Bankruptcy called Chapter…

  • The Architects Of Your Enslavement (Part II of III)

    The Architects Of Your Enslavement (Part II of III)

    The Housing Collapse Of 2005 Part II of III The Bush Administration simply followed the lead provided by its Predecessors.  With the elimination of Glass Steagall, the easy money kept flowing.  Ian Greenspan kept the Interest Rates low.  The Bush Administration mostly ran interference against any form of oversight, or actively encourage irresponsible Lending. In…

  • The Architects Of Your Enslavement (Part I of III)

    The Architects Of Your Enslavement (Part I of III)

    Bill Clinton, Bush, Bankers and Servicers, Et Al Part I of III Bill Clinton, during his tenure as President of the United States, signed numerous pieces of Legislation that ultimately lead to the Housing Bubble and its eventual rupture, and the loss of millions of homes by some homeowners, and the reduction of the values…

  • ADVICE TO LAW STUDENTS WHO WANT TO BE A BANKRUPTCY ATTORNEY

    ADVICE TO LAW STUDENTS WHO WANT TO BE A BANKRUPTCY ATTORNEY

    ST PETERSBURG, FLORIDA LAW STUDENT MIKE PARSONS QUESTION FOR BANKRUPTCY LAWYER I am a Law Student who wishes to study Bankruptcy Law and practice as a Bankruptcy Attorney.  Do you have any advice as to how I should proceed?  Thank you, Mike Parsons of St Petersburg, Florida for your question. While in my second year…

  • WHAT IS A CONFIRMATION HEARING IN CHAPTER 13 BANKRUPTCY?

    WHAT IS A CONFIRMATION HEARING IN CHAPTER 13 BANKRUPTCY?

    BANKRUPTCY ATTORNEY QUESTION FROM PORT RICHEY, FLORIDA Glenn Anderson of Port Richey, Florida has a question for the Bankruptcy Attorney.  What is a Confirmation Hearing in a Chapter 13 Bankruptcy.  A Confirmation Hearing is a Hearing before the Bankruptcy Judge, generally attended by the Debtor’s Bankruptcy Attorney, the Chapter 13 Trustee, and possibly, the Debtor…

  • CELEBRITIES WHO FILED BANKRUPTCY

    CELEBRITIES WHO FILED BANKRUPTCY

    BANKRUPTCY LAWYER QUESTION SPRING HILL, FLORIDA Spring Hill, Florida Resident Johhny B asks the Bankruptcy Lawyer, what famous Celebrities or Public Figures have filed Bankruptcy? A number of well known Celebrities and Public Figures have filed Bankruptcy.  This Video gives an extensive list of such Persons who have filed Bankruptcy. Among the surprises on the…

  • BORN IN THE USA OR KENYA OBAMA IS NOT ELIGIBLE TO BE PRESIDENT

    BORN IN THE USA OR KENYA OBAMA IS NOT ELIGIBLE TO BE PRESIDENT

    OBAMA IS NOT A NATURAL BORN CITIZEN BECAUSE HIS FATHER WAS A FOREIGN NATIONAL 9/19/16 Much controversy has been raised since the ascent of the Obama Presidency and recently with the reintroduction by presumably, Hillary Clinton’s Campaign and Operatives, of the “birtherism” issue whether Mr. Obama was born in the United States.  The fundamental question…

  • WHAT IS CHAPTER 7 BANKRUPTCY

    WHAT IS CHAPTER 7 BANKRUPTCY

    BANKRUPTCY LAWYER QUESTION FROM ST PETERSBURG, FLORIDA What is a Chapter 7 Bankruptcy asks St Petersburg, Florida Resident Mr. O. Chapter 7 Bankruptcy is a Bankruptcy formed under Chapter 7 of the Bankruptcy Code. Generally, a Chapter 7 Bankruptcy is filed by a Debtor seeking to Discharge or eliminate Unsecured Debt, such as Credit Cards,…