Monthly Archives: August 2011

Payday loans — a bad deal that can be fixed through the bankruptcy court

When you’re running out of cash, it’s not uncommon for folks to turn to payday loan centers for the little extra they need to get by until their next check arrives. It’s almost always a bad deal. They know its a bad deal, too (hey, 400% interest can’t be good, right?), but they are stuck, […]

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The myth of the $399 Massachusetts bankruptcy attorney fee

Pick up a copy of the Boston Herald and way in the back with the sports pages and classifieds, you are bound to find several advertisements from attorneys or law firms advertising bankruptcy services from $399, $499, or maybe even $299. Is this real? Can you believe it? Is it just too good to be […]

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Recovering from a bankruptcy by delaying gratification

It’s August 1st, and just about every bankruptcy blog in the nation is fixated on the latest news regarding the debt ceiling and the proposed compromise bill now before Congress, so I thought it would be better to tread a little different ground. Just for the record though, the United States as a whole can’t […]

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