bankruptcy lawyer

Bankruptcy Attorney Advises Not to Borrow from Your Usual Bank

A bankruptcy lawyer offers advice about the process of dealing with debts, saying that “one of my rules is I will never borrow money from the bank where I bank at.”

The TikTok video, put up on Dec. 29, comes from Adrienne Hines, a bankruptcy attorney with the Sandusky, Ohio-based Kademenos, Wisehart, Hines, Dolyk & Wright Co. LPA firm. The video went up on Hines’ the Lady Like Lawyer (@theladylikelawyer) account, drawing more than 717,200 views since landing on the platform.

She clarifies her position by saying, “I will never borrow money from an institution that has eyes on my actual deposits and my financial activity. Because if I ever default, and I know nobody ever plans to, but sh*t happens, and if you ever can’t pay that bill, the problem with your banking institution is they know everything about you.”

She goes on to explain that they know your deposit history, your average tax returns, and other information that might work against you. “And so when you have a problem financially,” she points out, “the creditors who come after you the quickest are the ones who know the most about you.”

She also says, “The other issue is setoff.

Read the rest

Leading Bankruptcy Lawyer Edward M. Fox Joins Emmet, Marvin & Martin, LLP

NEW YORK, Dec. 13, 2023 /PRNewswire/ — Emmet, Marvin & Martin, LLP announced today that Edward M. Fox has joined the firm as a partner in the Creditors’ Rights, Workouts, Restructuring and Bankruptcy Group. A nationally recognized bankruptcy lawyer, Mr. Fox brings 38 years of experience representing clients in some of the largest bankruptcy cases in the country.

Edward Fox

“We are thrilled to welcome Ed to Emmet Marvin,” said Brian D.Obergfell, Chairman of the firm. “Ed is a preeminent bankruptcy lawyer who has built a great practice and won exceptional recoveries on behalf of bondholders and other creditors. His track record of success will be a great complement to our deep bench representing institutional and other creditors in the financial services industry.”

Mr. Fox’s experience includes the representation of debtors, creditors committees, indenture trustees, bondholders, secured creditors, broker/dealers, landlords and other creditors in some of the largest bankruptcy cases in the United States, including Enron, Worldcom, K-Mart, Delphi, The New York Racing Association, Overseas Shipholding Group and Sears Holdings, at times obtaining par plus accrued or other outsized recoveries.

“I am delighted to join the firm. For over two centuries, Emmet Marvin has been a marquee

Read the rest

Bankruptcy Lawyer Daniel Straffi Sheds Light on New Jersey Bankruptcy Laws in Latest Article

Bankruptcy lawyer Daniel Straffi of Straffi & Straffi Attorneys at Law has recently published an insightful article that delves into the complexities of bankruptcy law in New Jersey. The piece offers an in-depth understanding of these laws and aims to help individuals and businesses navigate the arduous process of bankruptcy.

In the opening paragraphs, the bankruptcy lawyer establishes the firm’s commitment to providing compassionate, diligent, and honest services to all clients. Emphasizing the firm’s down-to-earth approach, Straffi illustrates their readiness to assist clients with a myriad of legal counsel needs, including bankruptcy and family law issues, in Brick NJ, and Toms River NJ.

In the article, bankruptcy lawyer Daniel Straffi writes, “Individuals strive to prevent financial hardship throughout their lives. Unfortunately, despite their best intentions and meticulous planning, it is still possible for hard times to come without warning leading to overwhelming debts.” He proceeds to discuss the intertwining complexities of bankruptcy and divorce, two of the most stressful events in a person’s life.

Understanding the unique challenges that come with facing bankruptcy and family law issues concurrently, Straffi & Straffi have positioned themselves as a supportive and friendly resource for their clients. “Our team of attorneys is ready

Read the rest

The importance of bankruptcy lawyers for the Hispanic community in the USA

Bankruptcy lawyers play a crucial role for any individual or business facing financial distress, including the Hispanic community in the USA. They are instrumental in providing legal advice, helping navigate complex laws, and representing clients in court.

Here are some of the reasons why bankruptcy lawyers are particularly important for the Hispanic community:

  1. Language Barrier: For many in the Hispanic community, especially first-generation immigrants, English may not be their first language. Legal jargon is difficult to understand even for native speakers, and this difficulty is compounded when English is a second language. Bankruptcy lawyers who are bilingual or who have support staff who speak Spanish can help bridge this language gap, ensuring that their clients fully understand their rights, obligations, and the implications of the decisions they are making.
  2. Cultural Understanding: A lawyer who understands the cultural nuances of the Hispanic community can provide more tailored and effective advice. For example, in many Hispanic cultures, there’s a strong emphasis on community and family, which might influence decisions around financial management and bankruptcy. A culturally aware lawyer can help navigate these complexities.
  3. Navigating the Legal System: The U.S. legal system can be complex and daunting, especially to those unfamiliar with
Read the rest

Why Hiring an Idaho Bankruptcy Lawyer Could Save You Thousands of Dollars

Are you drowning in debt and struggling to make ends meet? Are you considering filing for bankruptcy but don’t know where to start? Hiring an Idaho bankruptcy lawyer may be the best decision you’ll ever make. Not only can they guide you through the complex legal process, but they can also save you thousands of dollars in the long run. In this blog post, we will explore why hiring a bankruptcy lawyer in Idaho is essential and how it can benefit your financial future. So buckle up and get ready to learn why investing in a good attorney could be one of the smartest decisions you ever make!

Introduction to Idaho Bankruptcy Lawyer

When it comes to financial matters, few things are as stressful as being in debt. If you’re struggling to make ends meet, you may be considering filing for bankruptcy. Before you make this decision, it’s important to understand how bankruptcy works and what it could mean for your future.

An Idaho bankruptcy lawyer can help you navigate the bankruptcy process and ensure that you get the best possible outcome. A good lawyer will work with

Read the rest