A Brief History of Bankruptcy in America

Bankruptcy, Bankruptcy Procedure, Did You Know?, Lawyering, Trustee
A Brief History of Bankruptcy in America

My clients often ask me in fits of frustration: how did bankruptcy get to be like this? And I then have the chance to tell them about the storied history of bankruptcy! Usually, they ask this question out of rage at the sheer number of documents they’re asked to produce, but I take it as an opportunity to share the joys of tax law (that is not sarcasm, I love what I do).
But I figured we can all benefit from learning something about the history of bankruptcy. So, I wanted to share with you all some of the greatest developments. What follows is a brief history laid out by the major laws that we’ve created surrounding bankruptcy.

My Time at Faucher Law by Paris

Bankruptcy, Bankruptcy Aftermath, Business, Did You Know?, John's Favorites & Recommendations, Lawyering, Life Lessons
My Time at Faucher Law by Paris

Before I started at Faucher Law, I was finishing up my MSA (master of science in accounting) at San Diego State University. When I used to tell people about my accounting background, they asked if I liked tax, and my answer was always NO! Now here I am, half a year later, switching my answer: I kind of love tax! Listed below are the most surprising things I have learned at my time at Faucher Law and how they have changed my perspective on tax and bankruptcy. Read more »
February 12, 2024

Why I’m “Only” Assertive and Not Antagonistic

Bankruptcy, Lawyering, Taxes
Why I’m “Only” Assertive and Not Antagonistic

Here’s something I discuss on the landing page of my website, because I think it’s that important: I’m assertive but not antagonistic. Okay. So what? Some clients are so angry with the IRS they want to use me primarily for revenge, even if their case would have a better outcome if we approached the adversary calmly Read more »
October 13, 2021

Hard Truths for Debtors Who Procrastinate

Bankruptcy Procedure, Lawyering, Life Lessons, Pre-Bankruptcy Planning, Tax Collection Issues
Hard Truths for Debtors Who Procrastinate

Since the fall, I have seen a big uptick in desperate people calling me for tax or bankruptcy help. What kind of desperation? These people have been either on the IRS’s radar, or been having debt problems, for many years and then the crisis hits: the IRS puts a lien on a house, or a creditor gets a default judgment and the sheriff Read more »
September 23, 2021