Author Archives: doug

If you are hit with a garnishment, don’t sprint to bankruptcy court

By doug | Published: December 13, 2011

Nothing will quite strike fear into the heart of a working person as much as a surprise wage garnishment (sometimes called an attachment of wages). It’s not fun to get your pay voucher, open it up, and find that a big chunk of it has already been taken by a creditor. Not surprisingly, folks in […]

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Husbands and wives can file bankruptcy cases separately

By doug | Published: December 12, 2011

The city of Harrisburg, Pennsylvania has had an interesting experience in bankruptcy court lately. A majority of the city council thought that Harrisburg, which is Pennsylvania’s capital city (left), should file for municipal bankruptcy, because of debt incurred revamping the city’s incinerator. The mayor vetoed this plan, and the state government passed a law over […]

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Three things a bankruptcy case can help you get rid of

By doug | Published: December 9, 2011

Most people who have gotten to the point of reading this post understand that personal bankruptcy is usually an effective way of eliminating credit card debt. But that’s not all that can be shed with a Chapter 7 bankruptcy case. Consumers can also use the bankruptcy code to rid themselves of: * Cell phone contracts: […]

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Court says a bankruptcy blogger is not a journalist

By doug | Published: December 8, 2011

If you’ve got bad things to say about a bankruptcy trustee, don’t count on the First Amendment to bail you out. Crystal L. Cox, a blogger from Eureka, Mont., was sued for defamation by trustee Kevin Padrick when she posted online that he was “a thug and a thief” during the handling of bankruptcy proceedings […]

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Chapter 7 bankruptcy eligibility in New Hampshire

By doug | Published: December 7, 2011

Starting with cases filed in May 2012, the Chapter 7 “means test” eligibility figures have changed slightly for residents of New Hampshire considering bankruptcy. The new thresholds for annual family income are: Family size = 1, threshold is now $53,177; Family size = 2, threshold is now $63,626; Family size = 3, threshold is now […]

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Changes to the bankruptcy rules as of December 1st

By doug | Published: December 6, 2011

Some changes to the bankruptcy rules went into effect on December 1, 2011. Unlike the wholesale changes that were implemented in 2005, these are to the rules, no the bankruptcy code itself. Most are technical or minor. And it looks like they might actually be helpful to consumers in bankruptcy. The claim form that creditors […]

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It seems like everyone needs a fresh start!

By doug | Published: December 5, 2011

The Boston Red Sox hired a new manager last week; baseball veteran Bobby Valentine will be taking over for Terry Francona next season. When the team announced the new hire, Red Sox general manager Ben Cherington said “One of the best parts of today is that it brings some closure to 2011 and now we […]

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American Airlines bankruptcy may be a boon for consumers

By doug | Published: December 1, 2011

AMR Corp, the parent of American Airlines, somewhat surprisingly filed for Chapter 11 bankruptcy on Tuesday, joining a crowded group of airlines that have been through bankruptcy court lately. Counter-intuitively, American’s bankruptcy could be a good deal for Merrimack Valley consumers, as the airline is expected to cut fares and join in fare wars with […]

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Catholic church to purchase bankrupt Crystal Cathedral

By doug | Published: November 28, 2011

The Roman Catholic diocese serving Orange County in Southern California has been awarded the winning bid in the bankruptcy sale of Rev. Robert Schuller’s iconic Crystal Cathedral in Garden Grove, Calif. The Crystal Cathedral has been in bankruptcy proceedings since 2010 due to a dramatic dropoff in contributions. The church is known for its Hour […]

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Massachusetts foreclosures rise before holidays

By doug | Published: November 23, 2011

It can’t be very much fun to contemplate losing one’s home at the start of the holiday season. Nevertheless, the Boston Globe is reporting that Massachusetts home foreclosures rose a whopping 35% in October. That figure represents homes actually seized; foreclosure petitions, which track homes that banks intend to foreclose on in the near future, […]

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