One of the weakest groups in our society at present are the elderly, and one of the prime reasons behind them being weak is their pride. Unfortunately, debt collectors are playing on this pride, often collecting on debts in situations where consumer protection legislation has made their actions illegal. I don’t mean any disrespect to our seniors when I label them as weak either. After all, they are really trying to do the right thing by repaying their debts.
The problem is, retirement incomes for our elders are fairly low. In many cases, if a retired person paid every one of their bills on time, they would have little if anything left for food or medical costs. O
Read all post…
According to the 2005 federal bankruptcy law, consumers filing for bankruptcy in Massachusetts need to qualify, based in income. The law makes it more difficult to file for personal bankruptcy in Massachusetts. Massachusetts debtors may qualify by having an income below medium family income which set the bankruptcy guidelines, which are as follows: for a one-person household, $54,161; for a two-person household, a family income of $67,142; a three person family, $82,385; and a four person household, $100,482.
If you don’t qualify under the Massachusetts medium income, you can complete the bankruptcy means test. This means test form requires details about your expenses and allows for some unusually large expenses, including regional extras such as heating fuel costs.
Read all post…
A Chapter 7 bankruptcy is not as generous as a Chapter 13 when it comes to the range of debts that can be discharged. However, there are still a wide range of unsecured debts that can be discharged. One of the most common debts is that of credit cards, and they are typically the major component of any Chapter 7 bankruptcy petition.
Bankruptcy itself can only ever discharge unsecured debts, so secured loans such as mortgages and car loans will remain no matter which Chapter a debtor decides to file under.
Read all post…
It’s a small world if you’ve found yourself in need of a bankruptcy lawyer, it’s possible that not all of your assets are with you in United States. If you have foreign bank accounts or other assets, it is especially important that you disclose those to your bankruptcy lawyer.
When you meet with your bankruptcy lawyer, he or she will have you list all of your assets and debts. This is the information they expect to hear when you meet with the bankruptcy Trustee. your bankruptcy Trustee may specifically ask you if you have any bank accounts or property in foreign countries, so it’s important to be honest about the status of any property right from your initial consultation.
Read all post…
Nursing homes are unnecessarily administering powerful antipsychotic drugs to many elderly residents, including residents with dementia according to a new report by the Health and Human Services inspector general says California Nursing Home Abuse and Neglect lawyer Steven Peck.
The Food and Drug Administration in 2005 mandated that drug makers issue warning labels on atypical antipsychotics, noting that the drugs–which are generally FDA-approved for treating schizophrenia and bipolar disorder–increase the risk of death for elderly patients with dementia.
Read all post…