If Unifund CCR, LLC has served you with a debt collection lawsuit, the end is not near. Like Cavalry Portfolio and Midland Funding, Unifund CCR, LLC is a junk debt buyer with a business model that relies on the fact that 95% of consumers won’t respond to their...
So you’ve taken the leap and filed bankruptcy. Wiping out your debt is a fulfilling feeling, but don’t let that feeling of relief prevent you from making important financial decisions in the future. After all, you can’t improve your credit score if you...
Judicial Estoppel is an equitable legal doctrine that prevents parties from taking intentionally inconsistent positions in different forums or courts. In the context of a bankruptcy case, judicial estoppel can prevent a debtor from bringing a claim against a party if...
Bankruptcy can have a profound impact on family law proceedings; therefore, it is vitally important that family law practitioners have some basic idea about what bankruptcy can and cannot do for their clients. This guide is meant to serve as a brief desk reference to...
When unsecured creditors are entitled to interest payments in bankruptcy and at what rate they are to be paid is an often confusing topic. First, unsecured creditors will often file a proof of claim with the bankruptcy clerk with supporting documentation to validate...
When I used to cite the statistic that the total amount of U.S. student loan debt has ballooned up to $1.27 Trillion[note]http://www.federalreserve.gov/econresdata/notes/feds-notes/2015/how-much-student-debt-is-out-there-20150807.html[/note], people would gasp in...
