Posted by: jed
on Mar 23, 2010
On May 22, 2009 the Credit Card Accountability Responsibility and Disclosure Act of 2009 (the Act) was signed into law by President Obama. It became effective on February 22, 2010 and is intended to protect consumers from changes to the terms of their credit cards that can destroy an unsuspecting consumer who was unaware.
The Act provides for the following dramatic changes:
Posted by: jed
on Mar 23, 2010
Can I Be Fired If I File for Bankruptcy?
Posted by: eric
on Mar 17, 2010
One common problem that our office sees regularly revolves around a lease or mortgage that the client really can’t afford anymore. Bankruptcy often provides a solution for people who feel trapped. The client is often concerned about being able to find a place to live and are afraid that they have no choice but to assume (or keep) their current lease or reaffirm a mortgage that they could not afford.
Consider this recent case that we handled: Our client lived in a rented apartment, and her lease ran another six (6) months. Our client wanted to find a cheaper place to live, however, she was concerned that she may not be eligible to sign a new lease after filing for bankruptcy. She asked for our advice about what to do.
