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Misuse of Student Loans to Pay Down Other Debt

By Jeffrey Kelly | August 17, 2012

On rare occasions, a potential bankruptcy client will say something that makes me fall out of my chair.  Having spent four years of college in New York City, it is fairly difficult to shock me.  However, misuse of student loans are one of those things that make me fall out of my chair.  Why? First, […]

Jamal Lewis Files Bankruptcy in Atlanta Georgia

By Jeffrey Kelly | August 12, 2012

The Atlanta Journal and Constitution reports a former NFL player of the year and Baltimore Ravens running back Jamal Lewis filed for bankruptcy.  The Journal reports that Mr. Lewis listed $14.5 million dollars in assets and 10.6 million dollars in debts in his bankruptcy petition.  Click here to review the entire bankruptcy petition.  The Journal […]

Filing Bankruptcy Becoming Popular With City Governments

By Jeffrey Kelly | July 27, 2012

Some local governments across the United States are turning to bankruptcy to help them deal with financial pressures brought about by this awful economy.  The Wall Street Journal reports that there is a growing fear among creditors that city governments will file bankruptcy not out of necessity but as a strategy. The Journal reports that […]

Could Chapter 13 Have Saved Holyfield’s House From Foreclosure?

By Jeffrey Kelly | July 17, 2012

Do you remember when Mike Tyson bit off a chunk of Evander Holyfield’s ear?  That was a bad day for Mr. Holyfield but this week might have been worse. Evander Holyfield said that he always thought he would be able to save his 54,000 square feet mansion on 235 acres in Fayette County, Georgia with […]

Chapter 13 Bankruptcy- How Do I Know When My Case Will End?

By Jeffrey Kelly | July 10, 2012

When you file Chapter 13, your bankruptcy attorney should be able to tell you when your case will end before your case is filed.  However, most clients forget. The good news in that in the Northern District of Georgia, you can set up an online account with the Chapter 13 bankruptcy trustee and monitor your […]

Bankruptcy Has Made The United States The Greatest Country in History

By Jeffrey Kelly | July 2, 2012

Bankruptcy has helped make the United States the greatest country in history.  How is this possible?  The reason is that it has allowed people to get a second chance and become productive again. Many famous people have filed bankruptcy and recovered. Many people in the history of this country have suffered financial disasters, filed bankruptcy, […]

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