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High Unemployment & Consumer Confidence – What Gives?

Unemployment is at record highs. Consumer bankruptcy filings are at historic lows. And consumer confidence is high. What is going on? A recent episode of The Indicator from Planet Money and NPR sheds some light on the situation - check out Why Consumer Confidence is So High. People thought the pandemic was going to be as bad as the Great Depression [...]

Lucid Law Moves Headquarters to Bridgewater

Effective February 1, 2021, Lucid Law will be headquartered at: 1065 Route 22 West, Suite 2B Bridgewater, NJ 08807 The firm is relocating from Liberty Corner. Karina Lucid, Founder and President, says, “As a bankruptcy law firm, we pride ourselves on our ability to give clients a fresh start to their financial lives.  Our new office is our fresh start [...]

Is DocketBird a Scam for Bankruptcy Filers?

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 [...]

My Employer Closes or Files for Bankruptcy, Now What?

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 [...]

What comes to mind when you hear “Universal Based Income (UBI)?”

For some, Universal Based Income sounds like a great plan. For others, it just doesn't make sense. After a lot of research, I would say it is not a bad idea. Based on data, as a country, the United States (US) would thrive. Alaska and New York have shown through actual implementation and/or experimentation that UBI can work. Other countries [...]

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