The Law Office of John J. Bascietto

08/20/2022

"Marriage is about Love. Divorce is about Money."

Divorce at a later stage in life can be devastating, especially for women. Don't make any decisions without first obtaining professional advice. https://www.marketwatch.com/story/gray-divorce-can-be-financially-devastating-especially-for-women-11659983537?fbclid=IwAR0twnRccGPvUwDE2uuEMcNnWUJ3738FVVjcyi9PJjuaoVxbMD87eJ_XVAM

Hire financial, legal and relationship experts -- and get tough.

08/19/2022

If you are trying to decide whether to file for bankruptcy, here is what the experts have to say ... https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.cnbc.com%2F2022%2F08%2F14%2Fwhat-experts-say-to-do-before-during-and-after-filing-for-bankruptcy.html%3Ffbclid%3DIwAR19riZBOycJ8iysHDjCl3E4FDncscOxCfE66hirAD4Dou7kG5uxinLwwXY&h=AT2vwJrRbKop3qjdQoRPylfmh1_vaPl6HP93hVfuBgXwGIt7D85J-98Ws4AjAy75dzc_Q8CbqIW_I--CjzFc9zBfiBKZ-w3cg-H0SQqNFIbyR3tNmTQfOgQMJWq7moCngw&__tn__=-UK-R&c[0]=AT2SgOJHWtjmT4FoicozZ6mJSi8-MCVMfxYyhUMlM7fwnyFHNO2aQjk_wTncl7GE_YcWJ46GLJiMrQc4xZDhqup5g_Yq7LUABJmVEBoulbGkffBHfsK3EclRJqA1d5fGLTjAKkF4P47CCrBYXi3JQEaidBgACBHN8K-AEYKXOycjnpyg7mNZ52R07O7FP7asCSLNoo1f9DP5UqQLkIA

With inflation rising and government aid waning, personal bankruptcies may start to climb again soon. If you're facing bankruptcy, here's advice from experts.

03/19/2022

Let your local, experienced Bankruptcy Attorney fix your wallet woes. Creditors will stop calling, you will feel the stress just roll off your shoulders and you will be able to enjoy getting yourself sorted back out.

02/18/2022

There is another new case discharging student loan debt as an "undue burden," the current standard under our bankruptcy law. The courts appear to be applying the standard more broadly with each new case. They appear to be doing what the Congress has failed to do for student loan debt relief. The case is Wheat v. Great Lakes Higher Education Corp. B.R. Middle District Ala. Jan. 2022. Stay tuned to this page for further updates.

12/22/2021

Another reprieve for student loan debtors, albeit temporary.

A moratorium was scheduled to expire early in 2022.

12/04/2021

Don’t let this costly error happen to you. Consult with a qualified bankruptcy attorney before filing a bankruptcy case. My office handles debt issues and bankruptcy.

Without a lawyer, owners filed for Ch. 7 bankruptcy, instead of Ch. 11. Now, their Bronx apartment building is headed for auction.

06/26/2021

There was a very notable opinion issued on 6/21/21 in our Maryland Bankruptcy Court. Judge Harner determined that some of debtor’s student loan debt is dischargeable. This is very significant in our district. The trend is toward allowing dischargeability of some if not all student debt. Contact me for more information. 301-541-3408.

05/29/2021

Homeownership creates stability, which impacts access to resources, educational continuity, a sense of community, and many other tangible and intangible factors leading to a higher quality of life and better life outcome. According to a report by the Partnership for America’s Economic Success, titled “The Hidden Costs of the Housing Crisis,” (attached) “Children’s development is significantly affected by the environment in which they live and interact, and housing quality and neighborhood characteristics are among the most fundamental aspects of that environment.”

02/05/2021

Bankruptcy law may be changing soon to make student loan debt dischargeable. This would a game changer for millions of Americans.

My office can help you with overwhelming debt. If you are thinking about ways to handle debt please contact me. 301-541-3408.

01/26/2021

Clip from Virtual Paralegal Services for Bankruptcy on Crowdcast

01/25/2021

Possibly good news for public servant retirees an their suviving spouses who may be unfairly penalized by these social security offsets (at least there is finally some hope)

The WEP and GPO reduce or eliminate Social Security benefits for many that are those who are covered by government-sponsored pension plans

12/18/2020

The Truth shall make your free. Bankruptcy is all about telling the truth. Creditors do not want to spend good money on collection attorneys, and court fees, attempting to collect on uncollectible debtors. Telling them your broke, never works because if it did everyone would do it and if collectors stopped collecting every time someone said they couldn't afford to pay, collectors would never do their job. Bankruptcy is as much for the benefit of creditors as debtors, and society as a whole, to rehabilitate debtors so they can better bear their future expenses, to promote efficiency and transparency in the liquidation of delinquent debts. You tell the truth and do what the law requires. Debtors can voluntarily pay anyone after the bk. Stop telling the lie that you will pay your debts when you are not, can not and will not be able to.