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Search Results for: do you need to file bankruptcy

10 Best Bankruptcy Soap Box Posts Of 2015

By Cathy Moran

How do I measure which Soapbox posts from 2015 are my favorites?  It’s like asking which of my children I like the best. Some posts I like because the topic is important;  some because they are useful; and some I just like because they were fun to write. So, here goes my countdown to the 10 posts […]

Filed Under: Featured Tagged With: 2015

10 Best Bankruptcy & Money Posts Of 2015

By Cathy Moran

bankruptcy gems

Jumping the gun on year end by a bit, I’ve gathered up the 10 most-read posts on Bankruptcy Soapbox in 2015. Without need of an envelop, please,  here they are, in reverse order: 10.    Debtor Bites Collector Over Stale Debt Continuing a collection action after learning the debt was beyond the statute of limitations […]

Filed Under: Featured

Terminate Cell Phone Penalties in Bankruptcy

By Cathy Moran

I’m accustomed to advising those on the verge of filing bankruptcy about big ticket debts like mortgages, student loans, and back taxes. I was surprised when a client, resigned to letting her house go to foreclosure after the bankruptcy, was absolutely delighted to know that she could free herself from her unhappy relationship with Verizon Wireless […]

Filed Under: How bankruptcy works, True Stories

Why No-Look Bankruptcy Fees Are No-Good

By Cathy Moran

Law of average doesn't work here

Lawyers become lawyers, in large part, because they can’t, or don’t want to, do math. Judges are lawyers who got promoted. And therein is the root of the problem with “no look” attorneys fee for consumer bankruptcy cases. Judges don’t understand mathematics.  They expect the “law” of averages to result in fair compensation for debtor’s lawyers, relieving judges […]

Filed Under: You & your lawyer

What You Don’t Know (Yet) About Your Mortgage Loan

By Cathy Moran

mortgage tools for homeowners

The aftermath of  mortgage mess mess will be with homeowners  for as far into the future as we can see. Even those who held on to their homes can expect trouble. The “who’s got the note” theory of foreclosure defense that swept the rest of the country never made much headway in California. We are […]

Filed Under: Real property & mortgages

Does Foreclosure Forever Keep Me From Homeownership

By Cathy Moran

Can I ever buy a home again?

If I lose this house, will I ever be able to buy a house again? That, in a nutshell, is the central worry of Bay Area homeowners who face foreclosure or short sale of their homes. That worry drives lots of homeowners to cling irrationally to a too-expensive house. Fall out of home ownership and […]

Filed Under: Real property & mortgages

Filing Bankruptcy Is All About Your Future

By Cathy Moran

The decision to file bankruptcy is usually driven by threats from creditors to take something from you, now. Do nothing and your creditor can levy your bank account or garnish your wages.  More about how lawsuits work It’s all too human to put off a difficult step like filing bankruptcy until those threats seem real and […]

Filed Under: Considering Bankruptcy

Car Crazy In Bankruptcy Court

By Cathy Moran

Keep the car through bankruptcy

My client wants to keep paying on his car after bankruptcy. The lender wants my client to keep paying on his car after bankruptcy. Yet it took an afternoon in court for a hearing set by the judge on approval of my client’s reaffirmation agreement with the car lender to get everyone what they wanted. What […]

Filed Under: How bankruptcy works, True Stories Tagged With: bankruptcy, Car, Car After Bankruptcy, Car Payment, Reaffirmation Agreement, Repossession

Even The Rich & Famous File Bankruptcy

By Cathy Moran

Highly paid and bankrupt

ESPN tweeted the names of some 60 professional athletes who have filed bankruptcy and asked which names surprised the Twittersphere. Included were Johnny Unitas,  Bernie Kosar, Mike Tyson, Dorothy Hamill, Gaylord Perry of my very favorite baseball team, and  Roscoe Tanner, from my very favorite university. While titillating reading, none of them surprised me. Bankruptcy is not […]

Filed Under: Considering Bankruptcy

Skip Filing Your Tax Return And The Tax Lives Forever

By Cathy Moran

Tax Myth Saddles You WIth Tax Forever

It’s tax season and tax myths are everywhere.  Know what the most dangerous one is? If you can’t pay the tax on the return, you’ll escape collection action if you keep a low profile by not filing the return. I hear it repeatedly, each year, year after year.  And it’s wrong, over and over. Four […]

Filed Under: Taxes Tagged With: bankruptcy, discharge, tax return, taxes

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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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