clawson's blog

If you have obtained a loan at a finance company it is important to understand that in a bankruptcy some of the items pledged (items listed that you did not use the money borrowed to purchase but that you told the creditor about so they could list them as collateral) can be avoided or protected under Bankruptcy Law.  These items are:

In March of this year, the Consumer Financial Protection Bureau (CFPB) recommended a set of sweeping new rules and regulations for the Payday and Car Title industry.  The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.

I get asked all the time by clients and potential clients whether a collection email or call is legitimate.  This is an example of a document emailed to a client who wanted to know if this was legitimate or not.

Homeowner Association (HOA) fees or dues are monetary assessments collected by the Homeowner Association for maintenance, upkeep and general safety and security of a particular subdivision or development.   They are typical in larger, upscale developments and with condominiums.  Debtor’s that are filing for bankruptcy protection need to be aware of

I am asked this question quite a lot around this time of year.  It is natural for clients to use tax refund money to pay a loan to a family member. Many times that is why the family member made the loan; they were promised that they would be paid back with tax refund money.

If you are in default on your student loan, the student loan creditor, or the collection agency for the student loan creditor can seek to garnish your wages or take your tax refund to offset the loan amount.  A tax offset is where the Department o

There are a lot of myths, half-truths and misconceptions surrounding bankruptcy, but this particular one comes up over and over again:

How much debt do I have to have in order to file for bankruptcy? 

In Tennessee, if a married person owns property, particularly real property, with their spouse, this means the couple has an undivided one-half interest in the property.  Tenants by the entirety ownership, on practical basis, means that if one spouse passes away, the other spouse will automatically own the real property without the need to probate the estate