Public Perception of Bankruptcy – Then and Now
Posted by robrickman on August 19, 2009 in General
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As we are nearing the end of the largest recession of my life time, I shall reflect briefly on the victims of this financial meltdown and the impact it has had on my profession as a bankruptcy attorney. Then … In early 2005, Congress was fine tuning legislation of a new bankruptcy bill that would [...]
The Question : Should I File for Bankruptcy?
Posted by robrickman on July 22, 2009 in General
The Scenario : It is a Friday afternoon and I am meeting with my last appointment for the day. The couple is a mid-30s couple who have two young children. We have just discussed their financial situation, 4 credit cards of about $36,000, unpaid medical bills of another $5,000, a deficiency balance from a repossessed [...]