Not two weeks have passed since Congressional leaders came to an agreement with the White House on a two-part stimulus package designed first to put money into the hands of consumers that they, in turn, will spend, thus boosting our Read More
Negative economic news seems to arrive every day lately, doesn’t it? Housing is weak, construction jobs are falling, and gasoline prices don’t offer any comfort. The Bloomberg News ran a gloomy-sounding headline: “Markets Force Fed To Make A Big, Risky Read More
Norwegians are used to winters when the sun doesn’t rise, but three Norwegian municipalities that invested in debt securities from the United States are bitterly disappointed that the value of those securities didn’t rise. The special debt securities packages that Read More
Just as the president of our country was announcing his plan to help American families avoid a financial downslide by giving them tax rebates and by putting caps on mortgage rate increases, the Ministry of Justice in Great Britain was Read More
There’s an ongoing discussion about whether there is a link between how strict or lenient the bankruptcy laws are in a country and how entrepreneurial the culture is in that country. Some theorists say that where there are more small Read More
Activity is beginning to heat up at the Indiana Statehouse, as the January deadline for committee work approaches. As a bankruptcy attorney in Indiana, I always have my ear to the ground for issues having to do with consumers and Read More
In “Is It Really Over When It’s Over?”, I wrote about the fact that creditors must cease collection attempts once bankruptcy is filed. All too often, however, creditors don’t follow the rules! Creditors who pursue borrowers for additional money after Read More
Most people, if they think about gold at all, think of Olympic skating medals or about jewelry for special birthday or anniversary gifts. But the price per ounce of gold is a very important and closely watched number in economic Read More
It’s interesting, the parallels you can find between different areas of life. Forbes Magazine, in its first issue of the year, ran a feature article about a stock “guru” named George Putnam, who recommends buying stocks of companies that have Read More
As foreclosures become more and more frequent around the country, everyone worries about home values dropping. Meanwhile, insurance executives, I’ve been reading, are worried about matches dropping – on gasoline-soaked rags inside closets! That’s because the insurance industry fears more Read More
In the process of reading different news and feature items on the Internet, I’m always looking for stories about bankruptcy cases. As a bankruptcy attorney in Indiana, I particularly like tales of bankruptcy court cases in other states. This one Read More
While economists are busy debating whether the U.S. economy is headed towards recession, some analysts believe recession is already a reality. I’m no economist, but as a bankruptcy attorney in Indiana who talks with tens of consumers each week, I Read More