Two weeks ago, debt relief was the topic of an article in the “Your Money” section of the New York Times, and I was quoted along with nine other experts on consumer debt from different parts of the country. The Read More
Not a day goes by that someone doesn’t ask me whether filing bankruptcy can provide any relief for them from student loans that never seem to get paid down. Since people know how involved I have been with revising the Read More
Two weeks ago, Mastercard brought out its earnings report, which was very good – and, looked at from a consumer’s standpoint, not so good. The company’s profits were way up, in good part due to card use by travelers and Read More
In recent days, I’ve used a good deal of space explaining the dangers of payday loans, and the unbelievably high interest rates those kinds of loans carry. Meanwhile, we’re all being bombarded with offers and advertising for payday loans. The Read More
An alarming number of the elderly are sinking into debt after spending down their retirement funds helping financially-struggling children, statistics show. A CBS report reveals credit card debt for seniors has increased 90% in the last ten years. Many debt-ridden Read More
It’s hard to drive down a city street or log on to the Internet without seeing an ad for payday loans. The way payday loans work is that a borrower writes a personal check (or sometimes signs over electronic access Read More
People are fond of saying “Surgeons will always recommend cutting, and bankruptcy attorneys will always recommend filing!” I don’t think that’s true in either case, but I want to use this space to talk about my own work with small Read More
As an Indiana bankruptcy attorney, I see my share of financial hardship and distress, much of which is brought on by small business failures and corporate layoffs in our state. I found my mood lifting as I read the end Read More
I was thinking the other day about credit cards, those familiar colorful plastic rectangles that have become such a part of our everyday lives. And not just for shopping, either. A tire blows, we’re stranded somewhere, we forgot something we Read More
Last month the Fed carried out its fourth auction of short term loans to commercial banks. The hope is that the banks will lend the new money to individuals and businesses, who will in turn put that money to work Read More
There’s an old joke about a washing machine repairman who, with just one push of a button on the back of the appliance, was able to get the machine back into perfect working order. The bill he presented to the Read More
I was having lunch the other day with a friend of mine at a small coffee shop near my bankruptcy law office in Bloomington, Indiana. Harry was stirred up by my blog about the government package of tax rebates designed Read More