February 23, 2009, Mortgage Modifications Help Even People Who Are Paying Their Mortgage — Some people say that the “proposed bankruptcy amendment will even help those who don’t want to file” for bankruptcy. They’re right. Mortgage modifications are good for everyone.
October 17 , 2008, Bankruptcy Is Not A Last Resort — There are many worse things than filing for bankruptcy, and the notion that bankruptcy is a “last resort” is no longer good advice.
September 15, 2008, Bankruptcy Can Stop Cancellation of Debt Tax — The IRS considers that debt that is canceled, full or in part, to be taxable income to the debtor to the extent the financial position of the taxpayer has been improved by the debt cancellation.
August 28, 2008, Debt Management Programs — Most of us get bombarded via e-mail, radio and TV by ads promising, “Avoid bankruptcy! Wipe out more than half of your credit card bills!” Sounds too good to be true. But do they really work? Well, sort of. But not quite in the way you might expect.
July 30, 2008, Second Office Opened in Peoria — Smith & Weer, P.C. has opened a new office in Peoria, IL, at 2000 W. Pioneer Parkway, Suite 10A.
