• The Bankruptcy Reform Act of 2005 reported to be a "Dismal failure". The bankruptcy law, approved by Congress in 2005 after years of debate, makes it much harder for households to get out from under [...]

  • Arizona Representative Michelle Ugenti, introduced bill which challenges the rights of a disabled person to protect their vehicle. The other day a caller said "I used a document preparer or bankruptcy petition preparer. Certainly they [...]

  • Once a bankruptcy is filed there is no magic wand to make it disappear. Bankruptcy stays on your credit for ten years - whether or not you complete the process. In re T. Khan, BAP [...]

  • Published On: November 22, 2013

    Banks, such as Wells Fargo, are offering loans, similar to payday loans, which trap the borrower into a endless cycle of paying off the same loan time after time, after time. More than $221 billion [...]

  • Published On: November 14, 2013

    When filing a bankruptcy it is very important that a consumer understand the dictates of the "means test". The means test numbers change twice a year. Each consumer filing for bankruptcy must fill out a [...]

  • Diane Drain Selected as Top Valley Consumer Attorney. Diane receives perfect 10 out of 10 in reviews at AVVO. Diane L. Drain, bankruptcy attorney, retired law professor, mentor and community spokesperson. North Valley [...]

  • Banks face a high financial risk if they do not take the steps needed to identify borrowers who are at risk of falling short on payments. More than $221 billion of these loans at the [...]

  • Published On: October 4, 2013

    Using Bankruptcy to Save a Home is a Challenge and Must be Done with Careful Planning. It is also important to have the assistance of an experienced Chapter 13 attorney. WARNING: The default rate for [...]

  • The US Justice Department and a few brave judges are becoming very aggressive about the abuses large banks have suffered on their customers. Judges slam Wells Fargo Bank and Bank of America for their abusive [...]

  • Published On: September 28, 2013

    Robert Naugles prepared his own bankruptcy so thought he would charge others for preparing their documents. Sanctioned by Bankruptcy Court. Naugles assumed "the courthouse staff would point out any errors." NOTE - the Court staff [...]