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September 19, 2007

  • Credit Card Balance Transfer Issues

    Back in April, I wrote a post about the issue of balance transfers and Chapter 7 bankruptcy.  In this post I note that balance transfers were dangerous because from the perspective of the new credit card issuer, the transfer was new debt.  In other words, if you have been carrying a $10,000 balance on your Discover account, for 5 years, and two weeks ago you transferred this balance to a new Citibank account to get a better interest rate,  that $10,000 debt is new debt as far as Citibank is concerned. (…)

February 8, 2007

July 9, 2006

  • Full Disclosure on Bankruptcy Petitions a Must

    My colleague attorney Scott Riddle recently posted on his Georgia Bankruptcy Blog an important reminder to both debtors and their counsel about the importance of full and complete disclosure of assets and debts in bankruptcy petitions. (…)

May 2, 2006

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