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When someone reaches the point of filing for bankruptcy, she is likely consumed by burdensome financial responsibilities. She can’t begin to fathom how she might come up with the funds to hire a bankruptcy lawyer. After all, the fact that she has next to no money is what caused the whole problem to begin with. For financial reasons, she might decide to file the case without the help of an ...
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Will more Americans fall behind on their credit card debts this year? According to a recent Time article, a report issued by the Federal Reserve Bank of New York said that Americans’ credit card debt rose by $2 billion in the third quarter last year. This rise in credit card debt occurred even though Americans’ total debt dropped. (Much of the drop reflects mortgage debt. Americans ...
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Casey Anthony recently filed for bankruptcy protection in Orlando, Florida. Anthony currently owes approximately $792,000. Most of that amount is owed to her defense attorney, according to a recent news article. Other significant amounts are owed to the Orange County Sheriff's Office, the Internal Revenue Service, the Florida Department of Law Enforcement, and the Metropolitan Bureau of ...
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If you are struggling to pay your bills, you may view credit counseling as a way to resolve your money troubles. But some credit counseling agencies take advantage of customers who are financially strapped and vulnerable. Don’t let that happen to you! Avoid hiring a credit counselor who: For more information about credit counseling and/or filing for bankruptcy protection in San Diego, call ...
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As a Chula Vista bankruptcy attorney, people come into my office all the time to ask me questions about sketchy things they’ve heard. Often, I can set their fears at ease by letting them know the information they’ve received is inaccurate. Many people put off filing for bankruptcy protection because of something they “know” about the process or because of something a ...
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A recent news article highlighted the mental burden and heavy emotional toll that filing bankruptcy can cause. San Diego bankruptcy attorney Kerry Denton has seen firsthand how the bankruptcy process impacts his clients. Whether his clients are filing for Chapter 7 bankruptcy protection (complete elimination of debt) or for Chapter 13 bankruptcy protection (financial reorganization to pay off ...
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When you have money troubles, you’re often willing to take chances you wouldn’t otherwise take. Unfortunately, scammers know this. That’s why many scammers feed on consumers with significant debts. If you see an ad for a lender that promises to loan you money or give you a credit card and the terms seem too good to be true, proceed carefully! The Federal Trade Commission provides ...
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The United States Federal Trade Commission (FTC) recently stopped the allegedly deceptive practices of a debt settlement company, FDN Solutions, LLC. This company purportedly hooked debtors with exaggerated claims about how it could help reduce their debts. The company claimed in its advertisements that it could reduce consumers’ debts by 40 to 60 percent. The FTC alleged that the misleading ...
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