A client sent me a letter he got from a car dealership touting the financing he can get even though he is currently in bankruptcy. You can find a copy of the letter here. How does a car dealer think Read more >>
Bankruptcy Aftermath
Payday Lenders: Predators
Here is a very amusing and outraged report on “payday lenders” from John Oliver, the British reporter who apprenticed with Jon Stewart and Steven Colbert. He’s accurate in presenting the problem Read more >>
A Little-Known Bankruptcy Benefit
Bankruptcy works in unexpected ways. That’s how a colleague sells his potential clients on hiring him to get a discharge in bankruptcy. And he’s right. My client opened a fast-food. Read more >>
Should Legal Losers Pay the Winners’ Attorney Fees?
My clients were nurses at a local hospital. They’re immigrants and English isn’t their first language. They worked hard and bought a house. One day, Read more >>
Bankruptcy Didn’t Make Sense: Nothing Left to Lose & Loving It
I had a bankruptcy client a few years ago. He owned two office buildings with mortgages totaling more than the buildings’ values. They were going to be foreclosed, triggering personal Read more »
Lenny Dykstra Sentenced for Bankruptcy Fraud
He had a great mansion in Lake Sherwood, near Thousand Oaks, but when his financial-services firm fell apart, so did his life. Baseball legend Lenny Dykstra, who went through bankruptcy in 2009 (claiming about $25 million in assets and $37 million in debts), thought he could hide assets Read more >>
Fighting A Bankruptcy Discharge: Tenant Who Wanted Her Rent Back
My client was a landlady who rented her three-unit house not far from the beach in Ventura. The county came by one day and put yellow tags on two of the units, calling them “substandard” and evicting the tenants that day. Why “substandard?” Mostly because the area was zoned for one unit only Read more >>