Bankruptcy Chapter 7

Once again, I am a paralegal not a lawyer. So my articles are in no way to be considered legal advice they are legal information only. Let us not forget when a lawyer or a paralegal becomes involved your problem becomes an ISSUE.

To repeat myself, bankruptcy isn’t as bad as republicans and corporations want you to think, Just because you have a bankruptcy Discharge your life nor your financial life are not going to end, Honest. All you are doing is telling the people you owe

I ain’t got it and I can’t get it! So back off and leave me alone!”

You see the goal of all bankruptcies is Discharge. A Chapter 7 Discharge is when the Bankruptcy Trustee (Judge) says you no longer owe the money and or debts listed in your bankruptcy.

SIDENOTE: After Discharge you will have to be careful. You see There is a catch 22. You see according to Federal Law once you get your Discharge debt collectors are no longer allowed to come after you but there are bad debt collectors who will still come after you and if they can get you to pay so much as $1 it become legal to go after you again. I will get into how deal with these greedy idiots in later articles.

So getting back to after Discharge. Within 30days of getting your Discharge you will be able to get a credit cards. There will be Secured and unsecured credit cards offers. Secured credit cards require that you deposit money into a savings account. The amount you deposit in that credit card company’s savings account will be your credit limit. Six months after Discharge you will be able to buy a new car. If you want to buy a new house and use FHA loan, bummers that means you will have to wait a whole 4 years to get your new house.

SIDE-NOTE: This isn’t legal advice, just my personal opinion. After you get your discharge get a secured card that reports to the credit bureau. It will take some looking but they are out there. Warning, most secured credit cards companies report to nobody.

Now, no employer federal or private can fire you for filing for bankruptcy. You can get fired for other reasons but not for bankruptcy.

Chapter 7 bankruptcy Discharge does not mean you cannot file for unemployment benefits or that your payments are going to stop. This also includes social security or any other benefits you might be entitled to. At least not right now with the crazy republicans in power that will change.

The Discharge itself will only stay visible in your records for only 7 years.

If you are worried about the corporations and people listed in your bankruptcy they will get to deduct what you owe them from their taxes. The only thing they will lose is the interest they get to charge you while you struggle to pay off the debt.

So isn’t bankruptcy just going to destroy your life, like crazy republicans want you to think, or is it a chance to start the game over like it was always meant to be. You decide not the crazy republicans.

Next week I’ll talk about a few bad things concerning bankruptcy and the mechanics of how it works.

Obama goes to War.

I apologies about being gone for so long but problems do happen. So please Excuse me as I go political this week. It is so cool writing for a blog that lets me go off on these tangents every now and then.
So as Ed, from the Ed Show say ‘Let’s get to work.’ This last Thursday President Obama declared war. He attacked Putin right in the wallet. SMP Bank of Russia/ St. Petersburg-based Bank Rossiyahas has been isolated. His sanctions blocks the bank from doing business with any bank or financial institution that is American owned or operated.
President Obama also blocked a lot of Putin’s rich friends from accessing their assets held in the United States.
You see President Obama went radical. Much to the displeasure of the crazy republican. Instead of risking expendable assets, living soldiers, Obama has placed assets much too valuable at risk. MONEY.
President Obama’s actions has greatly displeased crazy republicans So much so they are now allowing MasterCard and Visa to resume doing business with the SMP Bank.
They are even blocking further sanctions. Trying to make Obama look weak and useless. You know with some of the history, I have learned lately. Like The real reasons for the Iraq war reasons, Regan torpedoes Carter’s efforts to free the hostages then buying their freedom with arms after being elected, Nixon blocking LBJ’s ending of the Vietnam War so he can get elected,
I have got to wonder if there isn’t somebody egging him on trying to create yet another war. You know Uncle Sam buys multi-billions of dollars of weapons during a war that are never used. After all those weapons are much more valuable than living soldiers.
With the treatment our soldiers receive when they get home, and waiting years for their promised benefits. That is if they are not denied because some paper pusher decides one of their forms wasn’t filled out exactly right. If that happens than the poor veteran has to refill out the paperwork and wait an outer four years. Just to let you know there have been bills put forth by Obama and the democrats to speed up the process but once again crazy republicans have blocked those bills. Then comes Food stamps being cut so veterans can’t feed themselves or their children while waiting for their promised benefits. And after 10 to 15 years of being shot at, and or blown up or veteran’s when after discharged are booted out the door and told go be normal. Are told, if you have a problem dealing with the world after 10 years of terror, or your body is so severely damaged you can’t find or maintain a job. Well sorry about that but if you complain you are just useless and weak so don’t bother us with your problems. Oh yeah, that unemployment insurance you’re supposes to get after your discharge, oh well sorry about that.
Making it very clear, at least to me that crazy republican’s believe soldier are the least valuable and most expendable assets.
Is it any wonder 22 or more veterans are taking their own lives every single day?
Next week I will be posting on what Serf-Dom really is. After all that seems to be were the crazy republican’s seem to be bringing back. Then I will be picking up with the S.C.R.A. I will be going deeper into detail.

Talking Firms part 3, & Types of Lawyers

As before when a lawyer becomes involved your problem or concern becomes an issue. Also please remember that I am paralegal not a lawyer.
Returning to the firm categories. There are many different categories of firms. There are firms that only devote themselves to Medicare or Social Security issues. There are firms that center on family law issues. There are firms that limit themselves to intellectual property issues. Firms that will only handle real estate issues. Firms limit themselves to surgical errors. Another firm will focus on bad medications. Usually these highly specialized law firms are very expensive or run by an independent. Unfortunately you may have to expand to a nationwide search if you want to find a law firm solely dedicated to your particular issue.
Now let’s talk about what I call the “combo firms”. Combo firms focus on 2 or 3 separate issues. Usually these issues are somewhat related. For example there may be a firm primarily focused on Bankruptcy which will also handle Tax Law issues. Also there are firms that handle domestic and criminal issues.
Plus there are firms that manage to focus on 2 or 3 very different issues. For example a Personal Injury Firm may also deal with Social Security and or Medicare issues.
Just like doctors there are law firms that take care of legal malpractice issues. Yes, these are the fabled lawyers’ lawyer. These law firms focus on the mistakes and errors that lawyers make. Let’s be honest there are a few lawyers who should have never gotten their license. Plus Lawyer’s whose support staff is not of the ‘best quality’. Clients who despite how weak their case is or how much they hamstring their lawyers and feel it must be the lawyers fault when they lose.
Moving on to types of lawyers. Generally speaking and setting the need for money aside, there are 4 types of lawyers in the world. 35% of the lawyers out there are what I would call “White Knights”. These are lawyers like to ride in on their white charger and save the world because they are just so special. Next is what I call “Dark Knights”. About 40 to 45% of the lawyers out there are Dark Knights. These Knights had something bad happen to them or someone the dearly cared about and they decided if they became a lawyer they could prevent that bad thing from happening again or to someone else. Almost the same reasons Bruce Wayne gave for becoming Batman. There are the know-it all’s, these lawyers will do their very best just so they look you in the face and tell you ‘Aren’t you glad I am way smarter than you?’ Last and very least are the last 1-3% of the lawyers, these idiots make life extremely difficult for the rest. These lawyers are more concerned with the dollar and really don’t care how they make it. You most often hear about them in the news. They’re the ones caught ‘stepping around’ rules and regulations. Who shaft their clients or get themselves killed by their crime lord clients.
Next week we will talk about why lawyers want so much money.