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Taxes: Building Block of Financial Literacy

By Cathy Moran

financial literacy building blocks

You’re a first time employee.  Congratulations. Welcome to the world of tax forms, withholding, and tax deadlines.   Taxes are the price we pay for civilization, according to Oliver Wendell Holmes. In fact, the first day on your new job you’ll be presented with an IRS form w-4. It’s like a rite of passage into adulthood. Even families […]

Filed Under: Consumer Rights, Taxes Tagged With: 2016

Are You Stuck With The Lawyer Who Filed Your Bankruptcy Case?

By Cathy Moran

New lawyer as life saver

Your bankruptcy case is filed.  It’s not going as smoothly as you expected. In fact, you’re worried you’re going under. Can you change bankruptcy lawyers after your case is filed? Certainly, you can always fire your lawyer.  It may be disruptive.  It will certainly cost more money. To decide you need to know So, how […]

Filed Under: How bankruptcy works, You & your lawyer

Your Creditors Lie In Wait For Your Kids

By Cathy Moran

creditor lurks to prey on heirs

Is your legacy to your kids an encounter with your unpaid creditors? Debt problems for those over 65 may not be problems for the elder at all.  Income and assets are largely protected by law from creditors. But that doesn’t trouble creditors:  they’ll simply wait and get their money from your kids. Seniors enjoy protection […]

Filed Under: Consumer Rights, Strictly California Tagged With: 2016, exemptions

How Your Property Gets Sold In Your Partner’s Bankruptcy

By Cathy Moran

co owned property

It isn’t just marriage that can get you roped in to a bankruptcy case that isn’t your own. Own community property and a bankruptcy filing by your spouse or your soon-to-be ex can drag you into a bankruptcy court. But the issue is broader:  joint ownership of any kind of asset in any state, community […]

Filed Under: Consumer Rights, Small business

Who’s Afraid Of Bankruptcy’s 90 Day Rule

By Cathy Moran

bankruptcy 90 DAY preference rule

Most folks considering bankruptcy know about the 90 day rule in bankruptcy.  They’ve talked to friends or read on the internet.  When they get to a bankruptcy lawyer’s office, they’re eager to tell me they know about the rule, though sometimes they have questions about just how it works. Which is all very interesting, except that […]

Filed Under: How bankruptcy works

20 Years Of Bankruptcy In Brief

By Cathy Moran

20 years of bankruptcy information

Twenty years ago this month, Soapbox’s parent website, Bankruptcy In Brief, went live with four pages of basic bankruptcy information. My law partner quietly thought writing about law for the internet was off base. My lawyer colleagues thought I was giving away the store. I persisted (which wasn’t then a catch phrase)  because I was […]

Filed Under: Featured Tagged With: 2018

Bankruptcy Alphabet: T is for Tension

By Cathy Moran

T is tension in the bankruptcy system

In my bankruptcy alphabet, T stands for Tension. I’m not talking so much about the tension the person filing bankruptcy feels, though that is real and not to be discounted. I’m talking about the tension in the law that balances the interests of creditors with the interests of debtors. Bankruptcy law in the US recognizes […]

Filed Under: ABC's of bankruptcy, How bankruptcy works

My Wildly Biased Choices For Best Posts Of 2017

By Cathy Moran

Soapbox favorites of 2017

Readers got their say earlier when I showcased the 10 most popular new posts on Bankruptcy Soapbox for 2017; now it’s my turn to spotlight the best bankruptcy advice of the year. In my opinion. They were posts that touched subjects important to me and, hopefully,  important and useful to you. How Bankruptcy Changes Your […]

Filed Under: Featured Tagged With: 2017

Best Of 2017: Reader Favorites On Bankruptcy Soapbox

By Cathy Moran

Best of 2017

I tallied up reader favorites from the 2017 posts on Bankruptcy Soapbox.  The balloting is a bit unfair, since the fall and winter posts haven’t had the same exposure that posts from earlier in the year. But take note:  the runner up is only about 8 weeks old. Your favorites, in reverse order: 10.  Making […]

Filed Under: Featured Tagged With: 2017

How Avoiding Probate Ended Up In Bankruptcy

By Cathy Moran

Do it yourself seems so industrious and self reliant. And we’ve been bombarded with books, speeches and courses on the evils of probate. So, I guess it should be no surprise when people try DIY  schemes to both avoid probate and avoid lawyers who create probate-avoiding trusts. Yet they forget an unavoidable truth:  the transfer […]

Filed Under: Featured, True Stories

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Bankruptcy Basics

About The Soapbox

You’ve arrived at the Bankruptcy Soapbox, a resource of bankruptcy information and consumer law.

Soapbox is a companion site to Bankruptcy in Brief, where I try to be largely explanatory and even handed (Note I said “try”).

Here, I allow myself to tell stories and express strong opinions. We dig deeper into how to consider bankruptcy and navigate a bankruptcy case.

Moran Law Group
Bankruptcy specialists for individuals and small businesses in the San Francisco Bay Area

How Bankruptcy Works

Cheat Sheet For Passing Bankruptcy Means Test

The bankruptcy means test has a fatal weakness in its attempt to keep people out of bankruptcy. Like so much recently, it's health care. It's health care, in the future, to be paid before your creditors get any money in your bankruptcy. It works because, in a logic that only Congress could employ, the means … Read more

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