Title Loans Are Not As Easy (Or As Good!) As They Sound
Submitted by the Bond & Botes Law Offices - Friday, July 8, 2016
We’ve all seen and heard the upbeat commercials where people are smiling and happy and talk about how much a title loan helped them, but it’s like the old saying, “if it sounds too good to be true, it probably isn’t true!” When you find yourself in a financial bind, however, the bright and flashy signs advertising instant cash is very tempting.
When Can Student Loans be Discharged in Bankruptcy?
Submitted by the Bond & Botes Law Offices - Thursday, July 7, 2016
As we have noted on the blog before, student loan debt is a huge problem among consumers. Most of the time, student loan debts cannot be discharged in bankruptcy. However, if you can prove an undue hardship, the student loan debt can be discharged. Note that it is rare for a court to find that a debtor meets this
What are the 2016 IRS Retirement Plans Contribution Limits for 401(k)’s?
Submitted by the Bond & Botes Law Offices - Thursday, July 7, 2016
The annual contribution limit for 2016 is $18,000.00, which is unfortunately the same as it was for 2015. This is the amount employees who participate in 401(k), 403(b), and most 457 plans can contribute. Federal government employees who contribute to the Thrift Savings Plan (TSP) can contribute this amount as well.
Bankruptcy and the American Spirit
Submitted by the Bond & Botes Law Offices - Wednesday, July 6, 2016
Settlement Ends Debtors' Prisons in Jackson
Submitted by the Bond & Botes Law Offices - Tuesday, July 5, 2016
Recently, the City of Jackson, Mississippi settled a federal class action lawsuit that challenged the use of debtors’ prisons. The civil rights group Equal Justice Under Law and the Roderick and Solange Macarthur Justice Center of the University of Mississippi School of Law filed the lawsuit on behalf of seven plaintiffs.
Military Service Members – Protect Your Discharge!
Submitted by the Bond & Botes Law Offices - Monday, July 4, 2016
Famous Lawyer F. Lee Bailey Files for Bankruptcy Relief
Submitted by the Bond & Botes Law Offices - Wednesday, June 29, 2016
F. Lee Bailey filed for Chapter 7 bankruptcy relief on June 24, 2016.
The Fix was (Allegedly) In! (Update)
Submitted by the Bond & Botes Law Offices - Tuesday, June 28, 2016
You may recall my blog post from a few weeks ago about how Kentucky attorney Eric Conn, Administrative Law Judge (ALJ) David Daugherty and Dr. Alfred Adkins among others allegedly conspired together to defraud the U.S.
Chief US Bankruptcy Judge Speaks About Bankruptcy Misconceptions
Submitted by the Bond & Botes Law Offices - Friday, June 24, 2016
Should You File Chapter 7 or Chapter 13 if You Owe an Ex-Spouse?
Submitted by the Bond & Botes Law Offices - Thursday, June 23, 2016
Before deciding if a debt can be discharged in a bankruptcy, it must be determined whether the debt is a type that can or cannot be discharged. This sounds simple enough but when it comes to divorce and whether or not a debt is a domestic support obligation, it can be much more complicat