Author Archives for Mark Zuckerberg

Don’t Do Debt Alone

December 28, 2007 2:27 am Published by Comments Off on Don’t Do Debt Alone

An extensive survey by the Consumer Bankruptcy Project revealed some sad aspects of the world of bankruptcy.  The study found that peop


Freedom Day

December 25, 2007 11:57 pm Published by 1 Comment

Everyone knows April 15th as the day federal income tax returns are due.  But, later that month, on April 30th, we celebrate a somewhat


Why Diets And Bankruptcies Sometimes Fail

December 25, 2007 2:53 pm Published by Comments Off on Why Diets And Bankruptcies Sometimes Fail

It’s just common sense:  If you eat more than you burn off, you gain weight.  And (more common sense) if you spend more than y


More About Double Exempt Retirement Plans

December 22, 2007 10:53 am Published by Comments Off on More About Double Exempt Retirement Plans

Remember me writing about how money in 401K retirement plans grows without the owner needing to pay current taxes? What is so interesting to


A Car Story About Credit Reports

December 21, 2007 5:13 am Published by Comments Off on A Car Story About Credit Reports

As a bankruptcy attorney in Indiana, I’m always reading up on all matters having to do with debt. Well, the other day, in a Commercial Law


Money Double-Exempt in 401K

December 19, 2007 2:59 pm Published by Comments Off on Money Double-Exempt in 401K

Money in 40lK retirement plans is exempt in two ways. First, the account is tax exempt while it accumulates for retirement. Then, under fede


Together For Debtor or Worse – It Depends!

December 18, 2007 1:52 pm Published by Comments Off on Together For Debtor or Worse – It Depends!

One of the big myths about bankruptcy is that, if you’re married, both you and your spouse have to file.  That is definitely not tr