Category: News

Nerd Wallet: Do Debt Management Plans Work?… Read More

Wall Street Journal: Bankruptcy Lawyers Cheer White House Focus on Student Debt

Bankruptcy Lawyers Cheer White House Focus on Student Debt

President Barack Obama signs a Student Aid Bill of Rights in the Oval Office of the White House in Washington, D.C., March 10, 2015.European Pressphoto Agency

The White House is exploring whether to make it easier for Americans to get rid of student loans through bankruptcy, joining consumer advocate groups and federal lawmakers who’ve been pushing for that type of investigation for years.

“We’re glad they’re making this a priority and hope Congress does also,” said Ed Boltz, a North Carolina bankruptcy lawyer who is president of the National Association of Consumer Bankruptcy Attorneys.… Read More

Tagged with: ,

Obituary: Judge Randy D. Doub, Bankruptcy Judge Eastern District of North Carolina

Out of a hesitation that anything written here would fall short and do a disservice to his memory, I will leave words of remembrance and mourning for others who knew Randy Doub better as a judge, an attorney and as man. The unanimous consensus of those who did know him well is that, though he was an accomplished attorney and well-respected jurist, he was an even better man, dedicated to his family, his community and his church.

But attention must be paid by all of us where we can and I hope to call at least some small amount of attention to one aspect of Judge Doub’s profession and life, namely as a consumer debtor’s attorney.… Read More

U.S. News and World Reports: Student Loan Debt Lasts a Lifetime… Read More

Tagged with:

Last Week Tonight with John Oliver: Predatory Lending (HBO)

Not only do payday lenders apparently spend generously on lobbyists,  but also seem to compensate  their lawyers rather nicely and without limit.

See:  Moses v. Cashcall Read More

Tagged with: , , Who pays your expenses if your company goes bankrupt? Read More Chapter 13 bankruptcy: How it works Read More How to pick a bankruptcy attorney Read More

H.R. 2192: National Guard and Reservist Debt Relief Extension Act of 2011

Last night, the Senate passed by unanimous consent a bill (HR 2192) that would renew an exemption in  11 USC § 707(b)(2)(D) for reservists and National Guard members from Chapter 7 bankruptcy means-testing requirements. The bill would amend a 2008 law to make reservists and Guard members that have served on active duty or homeland defenses for at least 90 days since Sept. 11, 2001 eligible for the exemption through 2015.

The bill now goes to the President where it is expected to be signed into law.… Read More

H.R. 2192: National Guard and Reservist Debt Relief Extension Act of 2011


In a striking example of bi-partisan support,  the House of Representative passed the H.R.  2192 by a vote of 407-1.  This bill would renew the National  Guard and Reservist Debt Relief Act   (“NGARDRA”) for an additional 4 years.

First enacted in 2008, NGARDRA relieves National Guard and Reserve service members of many of the onerous provisions of the Bankruptcy Act, by providing that if such a service member found him or herself in the unfortunate position of needing to file bankruptcy in the 18-months after returning from active duty, the means testing requirements of the bankruptcy laws,  which normal look back at a person’s income over the previous six months,  would not apply. … Read More

Tagged with: , , ,