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Category Archives: Bankruptcy Basics

Dallas Ranks Eighth In Vehicle Dumping and Insurance Scams

Published on June 25, 2009 by Kathleen Munden

According to the National Insurance Crime Bureau, Texas is second in the nation for potential “owner give-up” cases, with 353 between January 2004 and March 2009. “Owner give-up” is the insurance fraud scam where drivers abandon or destroy their cars, then report them stolen to collect insurance money.
During the first quarter of 2009, owner give-ups [...]

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8 Bankruptcy Secrets

Published on June 1, 2009 by Kathleen Munden

SECRET NO. 1: MOST PEOPLE KEEP ALL OF THEIR PROPERTY
The Bankruptcy Code provides for you to keep your home, cars, furniture, appliances, retirement plans, and other essentials that you need to get a fresh start. Although it is true that there are limits to the values of what you can keep in bankruptcy, those limits [...]

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10 Things You Should Know If You Are Considering Bankruptcy

Published on June 1, 2009 by Kathleen Munden

Often, clients consult with an attorney regarding a possible bankruptcy after they have taken actions that can cause them problems with a bankruptcy case. Usually, these things are done because they misunderstand what their rights and responsibilities are when they file a bankruptcy case. Most bankruptcy attorneys find that their clients would have been in [...]

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