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View Article  NACBA Files Suit to Have Provisions of New Law Held Unconstitutional

NACBA, along with the Connecticut Bar Association, has filed suit in the Connecticut federal court to have the "debt relief agency" provisions of the new bankruptcy law held unconstitutional if they are applied to attorneys. The suit seeks a preliminary injunction prohibiting their application to attorneys, including all NACBA members.

Read the 5/11/06 Press Release

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View Article  Bankruptcy filings soaring again
Blog sponsored by Bankrupt-Law.com


The Basics
Bankruptcy filings soaring again

It looks as if last year's reform law did not really stem the enormous flood
of bankruptcies after all. Here are the states with the highest bankruptcy
rates.

By Liz Pulliam Weston

The lull in bankruptcy filings may already be a thing of the past.

Consumer bankruptcy cases plunged to a 20-year low in the first three months
of 2006, reflecting the passage of a tough new bankruptcy law last ...   more »
View Article  Before You Enter a Check Cashing Store
Blog sponsored by Bankrupt-Law.com


Some people rely on check cashing stores to cash their payroll, government,
or personal checks. These corner stores charge customers very high fees for
their check cashing needs. If you use check cashing stores, you should be
aware that there are less expensive ways to cash that check.
You can avoid paying high fees by opening or using a basic checking or
savings account at a bank, savings and loan, or credit union. Think about
the ...   more »
View Article  Three Surprising Ways You Might Harm Your Credit
Sarah J. Lile; May 2006

Many of us find ourselves lost in a jungle of information about debt,
credit reports and credit scores. Although the credit scoring system can
be confusing, experts agree that consumers must strive to understand how
the system works in order to better manage their credit. One approach to
navigating through this jungle is understanding how certain decisions
might negatively impact credit scores.

Ignoring the pile of unpaid medical bills, parking tickets - and library
books...   more »
View Article  Credit Card Issuers Can Check Your Credit File
Blog sponsored by Bankrupt-Law.com



Paying your bills on time not only keeps your debt in control, but it also
keeps your interest rates in check. Were you aware that all of the credit
card companies that you have an account with have the ability to check over
your credit file to make sure that you are paying your bills on time? If you
seem to be late on some payments, don't be surprised to see your interest
rates change as ...   more »