Chapter 13 Debt Limits Increase April 1, 2010

March 31, 2010

To be eligible to file Chapter 13 bankruptcy, a person can have only so much debt. This is because §109(e) of the Bankruptcy Code sets a ceiling on the amount of debt, both secured and unsecured, that a person filing Chapter 13 bankruptcy can have. In contrast, there are no debt limits in Chapter 7 [...]

Read the full article →

Caterpillar Logistics Services To Close Broken Arrow Facility

March 25, 2010

About 300 employees of Caterpillar Logistics Services Inc., known as Cat Logistics, have been told the company’s Broken Arrow, Oklahoma facility will close at the end of August and they will lose their jobs. Cat Logistics, a wholly owned subsidiary of Peoria, Ill.-based Caterpillar Inc., began its Tulsa-area operations in 2000. The 70,000-square-foot site at [...]

Read the full article →

Tulsa Unemployment Rate Surges Higher

March 22, 2010

The Tulsa area jobless rate surged to 8.2% in January 2010 according to data released last Friday by the Oklahoma Employment Security Commission. That is the highest rate recorded by the Tulsa metro area since at least 1990, which is as far back as revised data goes from the U.S. Bureau of Labor Statistics. Tulsa [...]

Read the full article →

Attorneys Have Debt Problems And File Bankruptcy Too

March 16, 2010

So far this year, I’ve been contacted by three attorneys who are considering filing bankruptcy. I’ve been a bankruptcy lawyer for fifteen years now and it seems that every year at least one or two attorneys contact me for advice regarding serious debt problems. Attorneys aren’t that different from other consumers – some have serious [...]

Read the full article →

Means Test Income Figures Changing March 15

March 4, 2010

Every few months, the income figures used to determine whether or not a person qualifies to file Chapter 7 bankruptcy are adjusted. The current means test income figures that have been in effect since November 1, 2009 will be changing March 15, 2010. My review of the new numbers reveals that it will be a [...]

Read the full article →

Why You May Not Want To Hire The Cheapest Bankruptcy Attorney

February 24, 2010

I get a lot of telephone calls and emails from people wanting to know how much I charge for a bankruptcy. I usually tell them that’s like calling up a car dealer and asking how much it costs to buy a car. The price depends on a lot of factors. My attorney’s fee is set [...]

Read the full article →

Pryor Gatorade Plant To Close

February 23, 2010

PepsiCo announced last Thursday that it is closing its two-year old Gatorade plant located in Pryor’s Mid-America Industrial Park. The company has already stopped regular production work at the plant and plans to wind down operations during the next three months. Pepsico says all of the approximately 100 employees will receive three months and one [...]

Read the full article →

Defending Foreclosures In Oklahoma

February 22, 2010

One of the things I am committed to doing as an Oklahoma attorney is staying up-to-date on the law and the different remedies available to Oklahoma consumers. To do that, I spend many days each year attending local and national legal seminars where I learn from the best and the brightest legal minds from all [...]

Read the full article →

A Good Bankruptcy Attorney Will Understand Your Feelings

February 17, 2010

Many of the people who contact me to talk about debt problems have already talked with at least one other bankruptcy lawyer. And many of the stories I hear aren’t good. It seems that a lot bankruptcy attorneys have a terrible “bedside manner.” Some come across as arrogant. Others act like they’re doing you a [...]

Read the full article →

Unemployment Benefits Will End Soon For Millions Of Unemployed American Workers

February 16, 2010

Back in December, the qualification dates for existing tiers of unemployment benefits were extended for an additional two months. This extension is up at the end of February which means that unless another extension is made, millions of unemployed workers will lose their unemployment benefits over the next few months. The National Employment Law Project [...]

Read the full article →

← Previous Entries

Next Entries →