Author Archives: doug

It’s never fun to write about other attorneys getting into serious problems, but the Boston Globe is reporting this morning that former Saugus attorney James Gregson is facing federal fraud charges relating to his own personal bankruptcy case. Prosecutors are alleging that Gregson bought the rights to winning lottery tickets, and then failed to report […]

There is no live baseball tonight, with MLB players still enjoying the All-Star break, but that doesn’t mean that there can’t be any action off the field. The Texas Rangers’ bankruptcy case has taken a couple of twists, and that could lead to the team being up for auction as soon as early August. One […]

A recent survey has found that the poor economy is causing the credit ratings of individual Americans to sink to all time lows. As of late April, more than 25% of Americans have a FICO score below 599. Paradoxically, the number of people with perfect scores of 800-850(sounds like the SAT, doesn’t it? ) has […]

Former Jacksonville Jaguars quarterback Mark Brunell has filed for bankruptcy, according to an article by Texas law firm Allmand and Lee. It appears that Brunell has filed under Chapter 11 of the bankruptcy code, listing $5.5 million in assets and $24.7 million in debts. Brunell has earned more than $50 million in his sports career, […]

If you have been thinking about doing business with one of those “debt-relief” firms that are advertising everywhere lately, you really need to read this New York Times article first: “Peddling Relief, Firms put Debtors in a Bigger Hole.” If you are looking instead for real solutions, give me a call instead (if you live […]