I saw a? story this week about things that never go on sale ;? I would have put legal filing fees on that list, and I would have been wrong.? Or sort of wrong. Bankruptcy filing fees go up November 1.? Yes, the brokest among us must pay more for the privilege. So, one could…
Car lenders who finance car loans including the excess debt on a trade in lost some of their protected status in bankruptcy when the Supreme Court declined to review a? 9th Circuit decision;? Californians? will continue to benefit from the debtor friendly decision in Penrod, arising out of a San Francisco bankruptcy case. At issue…
A Wisconsin judge allowed Chapter 7 debtors to contribute to retirement savings in the face of a means test challenge claiming savings was an abuse of the bankruptcy system. Hurray!? Another in the small band of those touting savings. In the Mravik case, the debtor’s Chapter 7 means test, which does not provide for retirement…
The IRS’s list of its annual “Dirty Dozen” tax frauds includes credit counseling. Credit Counseling Agencies. Taxpayers should be careful with credit counseling organizations that claim they can fix credit ratings, push debt payment plans or impose high set-up fees or monthly service charges that may add to existing debt. The IRS Tax Exempt and…
