Bankruptcy is all about the “Fresh Start.” It is for getting out from under crippling debt and getting a chance to start over after making peace with creditors. Hopefully it is an opportunity to clear the air, get focused on moving forward again and getting back into a productive mind set. The mechanism by which.
This is a true story. The full details can be found in the case of AmeriCredit Financial Services v. Marlene Penrod, United States Court of Appeals for the 9th Circuit, Docket Number 08-60037. Imagine driving your 1999 Ford Explorer into the dealership in 2005 and seeing a really nice little Tarus there for only $25,600..
I have been working with the heirs of a couple who had trusts and wills, but really did not understood how each worked, the differences between them or that they really were different. These people were fairly sophisticated business people, but they had managed to mess up nicely prepared estate plan by not understanding what.
Opening disclaimers! This blog simply contains my thoughts and ruminations on certain subjects. They are thoughts in general and are not intended to be given or taken as legal advice. I do not give legal advice until I have had a chance to get a good handle on the facts of a case and have.