Blog new

    • New Legislation Introduced To Make Student Loans Dischargeable Again
      Blog
      Richard Nemeth, our firm’s principal, traveled to Washington DC last month to lobby for changes in the bankruptcy laws which would be favorable to consumers, including two bills recently introduced that would make student loans dischargeable again.  Student loans were once dischargeable like
      Read more
    • American Bankruptcy Institute Recommends Changing The Law Regarding Dischargeability Of Debtor’s Attorney’s Fees
      Blog
      It’s tax refund season again.  This means that the number of consumer bankruptcy filings will surge because consumers can afford to pay to file bankruptcy and discharge their debts.  For many, bankruptcy is a luxury that they can’t normally afford.  A significant portion of the cost of
      Read more
    • Change In Exemption Statute Alows Debtors To Keep More Property In Bankruptcy
      Blog
      Among the most important issues to consider when filing a consumer bankruptcy are the exemption laws.  Exemption laws are federal and state laws which set forth what property a person can keep when he or she files bankruptcy.  If the bankrupt party owns property in excess of the property set forth
      Read more
    • DISCHARGING DEBTS ARISING FROM “BAD CONDUCT” 4
      Blog, Uncategorized
      DISCHARGING DEBTS ARISING FROM “BAD CONDUCT” One question that we’re commonly asked, especially now that a number of casinos have opened in northeastern Ohio, is whether or not gambling debt can be cancelled in bankruptcy. The answer is yes, it can. This might seem odd to some people, but the
      Read more
    • WILL ANYONE AT MF GLOBAL GO TO JAIL FOR TAKING CUSTOMER FUNDS? 3
      Blog, Uncategorized
      WILL ANYONE AT MF GLOBAL GO TO JAIL FOR TAKING CUSTOMER FUNDS? Imagine you are a banker and you remove funds from a depositor’s account and use them to pay the bank’s creditor card bill. Would that be illegal? Of course it would. It’s theft. But when MF Global Holdings, Limited, a New York
      Read more