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Legal Services, Bankruptcy Law - Trends
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Are Attorneys “Debt Relief Agencies” under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ? By Catherine E. Lasky Have you or any member of your firm appeared in a Chapter 7 or Chapter 11 bankruptcy proceeding on behalf of a consumer? Do you include the following language on your firm website or advertisements? “We are a debt relief agency. We help people file for relief under the Bankruptcy Code.” Probably not. But attorneys practicing bankruptcy law may in fact be required to identify themselves as debt relief agencies according to the newly-enacted Bankruptcy Abuse Prevention and ...
These days, everyone needs to know about credit. Being on top of your credit can help you avoid financial turmoil and strive toward financial independence. A recent study by Lending Club , an online loan site that brings together lenders and borrowers, found that women in the United States are lagging behind men in credit awareness. The study found that: Only 65 percent of women knew their credit scores, compared with 74 percent of men. Only 72 percent of women were aware of their credit card’s interest rate, whereas 84 percent of men were. These numbers are problematic. Despite the ... Read More
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