The Bankruptcy Judge ordered that the creditors had acted against the person in bankruptcy without the court’s permission. Specifically, this demonstrates the power of the Bankruptcy Court’s protection of people filing bankruptcy to be sure “bankruptcy protection” is the basis of this federal law. The idea is to help people in debt and protect them
Smeloff & Associates Consumer Bankruptcy News Article
Bankruptcy’s strong protection of people in bankruptcy results in a large judgment against a creditor requiring payment of $27,483 to the person in bankruptcy. A nurse took out a “payday loan for $575 from CIC (check into cash of Washington, Inc.). The way these loans work requires the borrower to post-date a check back to
Massachusetts Bankruptcy Blog, By Attorney Richard Smeloff
Bankruptcy: The Real Deal I don’t think there is another subject besides politics, religion or stocks that is as rife with wives tales, misconceptions, misinformation or people that are just plain wrong. I had this client who moved here from Egypt who was deeply in debt and thought he would go to jail. I explained