Avoid Personal Bankruptcy

FeedBlitz is an email marketing application that manages RSS feeds and then turns them into automated emails, Tweets and Instant Messages to subscribers.

So if you have a blog, for example, you can use FeedBlitz to automatically turn your blog into an email newsletter and send it to your customers/clients. And as our About.com Real Estate Guide Randy Kimmons points out (The Blog-to-Newsletter Replacement for Drip Email), that’s really cool because there are still a lot of people who have no idea how to sign up for an RSS feed but will sign up for an email newsletter.

Two things to note; you don’t have to have a blog to use FeedBlitz and sending out emails is not all it does; it also lets you use automatic email marketing with RSS feeds and social media such as Twitter.

The downside may be price. The monthly fee is based on the average number of daily active email newsletter subscribers in your account (RSS subscribers don’t count; just email ones). If you have a small list, FeedBlitz is cheap but the price climbs with the number of subscribers.

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There is a common myth that gambling debts cannot be discharged in bankruptcy. The truth is that gambling debts usually receive the same treatment as any other unsecured debt, like credit cards or medical bills. However, under some unusual circumstances, a bankruptcy court may find that a gambling debt cannot be discharged.

Gambling debts commonly appear as credit card charges or cash advances. An important factor in the discharge of this debt is whether there was an intent to repay the debt when the charge or advance was incurred. If the debtor had no intent to repay the obligation, the credit card company may object to the discharge of this debt on the basis of fraud. Courts have generally been reluctant to listen to this objection by a creditor unless there is strong evidence of fraud. For instance, a debtor who takes out a $10,000 cash advance at the casino, even though he is recently unemployed and overwhelmed by debt, and who files bankruptcy the next day will likely have the hall-marks of fraud.

Most gambling debts in bankruptcy are not as cut and dry as the above example. If the credit card company objects, the bankruptcy court will hold a hearing. The court may look to the debtor’s past credit card transactions, any attempt to repay the obligation, and the records and testimony of the debtor to determine the existence of a fraudulent intent.

All gambling losses must be disclosed by the debtor on the Statement of Financial Affairs. This disclosure is a mandatory requirement and the intentional failure to disclose this information may result in a finding that the gambling debt cannot be discharged, or worse, the court may deny any discharge in the case as a result of the debtor’s misrepresentation. It is particularly important to disclose recent gambling losses to your attorney prior to the filing of your bankruptcy case. Recent credit card charges or cash advances can be problematic to any bankruptcy case; and especially troublesome if related to gambling debt.

Bankruptcy courts can be very forgiving to the honest, although perhaps foolhardy debtor, and very unsympathetic to the dishonest. Honesty and full disclosure is especially important in a case involving gambling debts. Discuss these debts with your bankruptcy attorney and provide all the requested documentation. The success of your bankruptcy case depends on it!

For free legal advice on gambling debt and other bankruptcy issues, contact the Texas bankruptcy lawyers of Fears | Nachawati today. You can email us

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A joint petition for bankruptcy is a single bankruptcy petition filed together by a husband and a wife. Only individuals who are legally married on the date they file for bankruptcy can file a joint petition. Unmarried partners must each file for bankruptcy separately.

Note that there is no legal requirement that both spouses file for bankruptcy. It is possible for one spouse to file for bankruptcy individually.

If you are considering filing for bankruptcy, contact the Texas bankruptcy lawyers of Fears | Nachawati today for free legal assistance. To speak with an experienced Texas bankruptcy attorney, email us or phone us toll free at

That would be a problem, but it’s even worse because during that time Willie and his wife were in Chapter 13 bankruptcy. Under the rules of the bankruptcy court system, you’ve got to disclose all of your income from all sources. Period.

Now Willie has struck a plea deal which calls for a maximum of five years in prison plus payment of restitution of $39,939 – the amount he received from the state after switching to Chapter 7 bankruptcy.

Willie’s wife has entered a “not guilty” plea and is apparently fighting the charges.

Oh, in case you’re wondering – after he gets out of jail WIllie will likely still be in debt.

If he’d disclosed the income and worked through the bankruptcy system honestly the chances are very good that he wouldn’t be going to jail for bankruptcy fraud.

Word to the wise.

The original article can be found here.

Consider this – there are nine types of bankruptcy.

Nine.

Reed Allmand, in his Texas bankruptcy blog, outlines each of the nine types of bankruptcy in list format. They are:

Chapter 7 Bankruptcy; often referred to as a liquidation.  In this type of personal bankruptcy, assets can be sold off, or liquidated, in order to repay debts.  An individual will have to undergo a “means test” to file this type of bankruptcy.

Chapter 9 Bankruptcy; this type of bankruptcy has to do with cities or towns. This ty

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What do you want in 2010 – increased success or the chance to enjoy the success you’ve achieved more? These ten New Year’s resolutions are designed to help you strike a better work-life balance, so you can achieve a truly satisfying success in the New Year.

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