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News

Allmand Law Firm
January 21, 2010 News

Credit Card Companies Profit From Haiti Disaster

Credit card companies are making millions of dollars from the Haiti earthquake disaster in the form of service fees attached to each donation made to charitable organizations. But there is currently a movement underway...

Allmand Law Firm
December 22, 2009 News

Borrowers With Good Payment Histories May Be Hit With Dirty Credit Card Tricks

To get around the Credit CARD Act passed by Congress earlier this year, some credit card companies have decided to play dirty with even their best customers. Regarding late-payment fees, Dan of Campbell Hall,...

Allmand Law Firm
December 1, 2009 Managing Your Finances, News

Alternatives To Credit Cards: Layaway Plans Are Back!

For the past 10 years, our dependence on credit cards has grown exponentially. But as the credit crunch worsens many Americans are finding it difficult to fund the things they want or even need....

Allmand Law Firm
November 23, 2009 News

Massive Job Losses Push Middle Class Into Bankruptcy

In part one of our series about why the middle class is becoming more vulnerable to bankruptcy, we discussed the swelling numbers of Americans who have a college education and own homes filing bankruptcy....

Allmand Law Firm
November 19, 2009 News

Is Fort Worth Going Bankrupt?

I don't want to sound the alarm too soon; but the road to municipal bankruptcy usually begins with small things, like the city's recreational facilities facing budget shortfalls and closure. Unfortunately, Fort Worth, like...

Allmand Law Firm
November 6, 2009 Bankruptcy, News

Bankruptcy Filings Hit Record Levels

According to an article in Bloomberg, more Americans filed bankruptcy in October than in any month since changes to the U.S. bankruptcy code were put in place in 2005. In the month of October...

Allmand Law Firm
October 28, 2009 News

Bankruptcy Debtor Allowed Homestead Exemption After Sale

In the Chapter 7 bankruptcy case of Sparks, Jeanette R.; In re, debtor is allowed to keep homestead exemption despite bankruptcy trustee's objection; but is not allowed to exempt $514 held in a mutual...