I am always amazed how low some organizations can be when preying on people who have filed for bankruptcy. A client recently passed along a solicitation letter that she received in the mail. It is an obvious post-bankruptcy car loan scam. Basically, this letter says that once you file for bankruptcy, all your creditors will stop reporting activity on lines [...]
It has come to my attention, that clients feel like they are being scammed by an outfit called DocketBird. According to their website, DocketBird is the most advanced, user-friendly application for accessing federal court case information. Basically, it appears the they mine data from PACER (Public Access to Court Electronic Records) for their customers. PACER, an official website of the [...]
At Lucid Law, our official strategy for debt relief is Financial Grief Managed! For a bankruptcy law firm, this concept is pretty simple. We work with clients to get them to a better financial place. While the phrase debt relief relates to providing clients relief from creditors, it takes on a much deeper meaning at Lucid Law. RELIEF is our [...]
The thought of personal bankruptcy creates fear for many people. But the truth is, there are greater fears that bring you to the brink of filing for bankruptcy. So rather than focus on the fear of bankruptcy, here is a different perspective – file bankruptcy and be done being scared. Let me explain further. Are you scared that your bills [...]
What Happens if My Employer Closes or Files for Bankruptcy? Lately, not a day goes by that we do not hear about another well-known business filing bankruptcy due to COVID-19. In fact, I just came across an interesting article from NBC News. It is called Which major retail companies have filed for bankruptcy since the coronavirus pandemic hit? Here's the [...]
When I meet with potential clients for the first time, I feel their apprehension about filing for bankruptcy. Often times, they fear the stigma of bankruptcy. They feel like they have failed themselves and their families. They are worried what other family members, friends, neighbors and employers will think about them. I spend a lot of time explaining the process, [...]
Throughout this crisis, we have seen the good in people. We have those on the front lines fighting to protect us. Essential workers are making sure that we have food on our tables. Assistance programs to help us to financially get through it. These are good things. However, we still worry about our health, the health of our loved ones, [...]
Lately, a common question posed to me is, Should I take out a personal loan after the pandemic? This seems like a simple question. As such, my initial reaction is NO. Nobody should take out a personal loan after the pandemic. OR, AT ANY TIME unless they need it and have good reason for taking on the new debt. Truthfully, [...]
Amid this coronavirus pandemic, like everyone else, I am looking forward to better days ahead. Why? The answer is simple. I miss seeing people. While our office is open and we continue our clients’ work, remotely working with clients is not the same. I became a bankruptcy lawyer to help people. People call me when they are scared and unsure [...]
When should you use a personal loan to consolidate credit card debt? My knee jerk reaction and response to the question is always: NEVER! But then I take a step back. In some circumstances it may be the best choice. You really have to consider all the facts and the individual’s specific circumstances. Terms of Debt Usually, the lender for [...]
