Monthly Archives: September 2012

September — the best time for teachers to file for bankruptcy

By doug | Published: September 7, 2012

Teaching — a good paying government job with lots of benefits, time off, and job security, right? Why would a teacher need to file for bankruptcy? Sure, and there’s no stress, too! Right . . . The fact is teachers file bankruptcy cases at about the same rate as the general population, for myriad reasons […]

Posted in Means Test | Comments closed

Bankruptcy rules allow debtors to pay filing fees in installments

By doug | Published: September 6, 2012

People who need to file for bankruptcy often struggle to do it; not just with the emotional decision to file, but it sometimes takes a mighty effort to pay for both a lawyer and the court’s filing fee — the latter stands at $306 for a Chapter 7 case as of this writing. Massachusetts bankruptcy […]

Posted in Practical tips | Comments closed

Battle over church’s bankruptcy underscores definition of payment on time

By doug | Published: September 5, 2012

Bankruptcy litigation between Boston’s Charles Street AME Church and its principal creditor, OneUnited Bank is simmering past the boiling point according to news reports in the Boston Globe. The church filed a bankruptcy case earlier this year to avoid foreclosure on its historic building in the heart of Boston’s black community. In August, a lawyer […]

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What’s up with Massachusetts’ HomeCorps program?

By doug | Published: September 4, 2012

The latest government program for easing out of the foreclosure mess — at least for Massachusetts residents — is called HomeCorps, and it is being run out of the Attorney General’s office, with the funds provided by the state’s share of settlement money from the big banks over their recent lending practices. HomeCorps got up […]

Posted in Bankruptcy News, Foreclosure | Comments closed
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