Bankruptcy Blog

09/03/2026

Day 3 of the Shilo Sanders bankruptcy trial. This is getting interesting...
🏈🎲🥋

09/03/2026

It was already confirmed that Tate didn't own any of the fancy cars, yachts, etc.... Not the greatest source for a million different reasons.

If you invest $10,000 in the S&P 500 in 1921, you will have about $536 million now.

You will be dead by then.

This is why everyone is obsessed about returns while forgetting that there’s one thing they can’t increase no matter how hard they try:

TIME.

Money can be lost and earned back again.

Businesses can be lost and rebuilt.

Almost everything can be lost.

But time cannot be compounded to give you 100 extra years.

MAKE MONEY.

BUILD WEALTH.

BUT NEVER FORGET TO LIVE.

09/03/2026

Exemptions determine what assets you can keep when you file for bankruptcy. This article focuses on the updated figures for Ohio bankruptcy exemptions.

09/03/2026

Prior reports confirm the Consumer Financial Protection Bureau has been siding more with financial institutions than consumers lately.

09/03/2026

My take on this isn't complicated. For one, it's the clear economic impact on education. We are already seeing that with foreign students going elsewhere, taking billions with them.

The reality is not everyone can be the enemy. These policies aren't an attack on one group; it's an attack on all. When schools start laying off employees, the ripple effect is felt through the entire economic system.

Source: MassLive

09/03/2026

Thinking of giving up your home because of negative equity? Consider lien stripping with Chapter 13, that could eliminate part or all of a second mortgage.

Bankruptcy Attorney & Law Professor explains reducing your car loan balance with Chapter 13 bankruptcy and the 910-Day Rule.

09/03/2026

Literally 2 hours....

09/03/2026

Filing for bankruptcy requires meeting residency requirements. For homestead property, you must have lived in your state for 1,215 days; otherwise, you must use the federal exemptions.

What is the federal bankruptcy homestead exemption limits for 2026? Learn about the $31,575 & why it differs from the 1,215-day cap.

09/03/2026

This one hurts b/c I know the good legal aid programs do.

In Texas, AG Paxton sued Harris County over funding for the Immigrant Legal Services Fund, which helps immigrants with deportation defense.

The funding stopped 3 months ago due to a pause by the TX Supreme Court. The lawsuit argues that using govt funds has no "legitimate public benefit."

The lawyers aren't getting paid and don't know if they ever will.