Earlier this year, the Consumer Financial Protection Bureau THE CFPB: ALLY IN CONSUMER RIGHTS filed an enforcement action against Strategic Financial Solutions (SFS) in the Western District of New York...
Read moreIT’S TIME TO INCREASE THE GEORGIA HOMESTEAD EXEMPTION FOR BANKRUPTCY
When an individual files a bankruptcy case, they are allowed to claim exemptions to protect their property. Some states allow bankruptcy debtors to use the federal exemptions, while other states, like Georgia, have their own specific bankruptcy...
Read moreSIMPLE WAYS TO AVOID MAKING UNWISE FINANCIAL DECISIONS
It is very easy to look back on an important financial decision that you made and wished that you had never made it. Sometimes these financial decisions lead down the path to bankruptcy. While there may be some circumstances in which the decision...
Read moreAugusta Bankruptcy Court issues a reminder about lack of jurisdiction over credit reporting inquiries.
https://www.gasb.uscourts.gov/news/public-notice-regarding-credit-ratings-and-credit-reporting
Emerging Debt Recovery And Collection Trends For The 4th Quarter Of 2023
As we enter the fourth quarter of 2023, the attorneys at Leiden & Leiden recognize certain trends in the areas of debt recovery/collection that will have a profound effect on consumers at the same time that our economy is worsening. These...
Read moreWHY WOULD YOU DECLINE TO TAKE MY BANKRUPTCY CASE?
This is a frequently asked question for any bankruptcy attorney and is dependent upon the unique facts and circumstances of each case. In some instances, the probable success of a bankruptcy case can be determined at the initial consultation and...
Read moreHOW TO PROTECT YOU AND YOUR SMALL BUSINESS FROM BANKRUPTCY
Covid caused irreparable harm to small businesses, with many not surviving even with government assistance and intervention. The small businesses that did survive benefited from the loss of competition but now face rising supply costs and labor...
Read moreDEBT “NEGOTIATION” COMPANIES – NEW NAME BUT SAME CONCEPT AS DEBT “SETTLEMENT” COMPANIES
We have previously published our own articles and referenced others on this website regarding the hazards of dealing with debt settlement companies. THE HIDDEN RISKS OF DEBT SETTLEMENT PLANS The debt settlement industry has taken a hit as federal...
Read moreBANKRUPTCY FILINGS SHOW FIRST QUARTER INCREASE FOR THE FIRST TIME IN 3 YEARS
The logic behind the numbers FORECLOSURES – Foreclosure referrals in January 2023 were at their highest level since pre—Covid. Those foreclosure numbers have continued to increase for a number of reasons. Pandemic era safeguards expired and...
Read moreTHE IMPORTANCE OF HAVING ADEQUATE AUTOMOBILE INSURANCE
What does automobile insurance have to do with bankruptcy? Not having adequate automobile insurance or being unfamiliar with your existing insurance can create significant financial problems. These financial problems can in turn lead to a...
Read morePREPARING AN ACCURATE BANKRUPTCY PETITION WHY YOUR CREDIT REPORT MAY NOT DISCLOSE ALL OF YOUR DEBTS
For consumers filing bankruptcy, it is especially important to disclose all of your creditors to the bankruptcy court. This disclosure is part of the bankruptcy petition which is filed with the bankruptcy court, and assists the Clerk of...
Read moreCOMMON BANKRUPTCY MYTHS REVISITED
Consumers who are in financial distress and considering bankruptcy frequently delay seeking assistance because of myths about bankruptcy, and fears about the ability to obtain credit in the future. Some of the myths are shared by friends, family...
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