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Mad Money’s Jim Cramer: Bankruptcy Looming for BP? – CNBC

Mad Money’s Jim Cramer: Bankruptcy Looming for BP? – CNBC The collapse of the Transocean rig leading to a bankruptcy filing for BP? That is highly questionable and borders on the ridiculous. Remember, BP doesn’t just make billions of dollars … Continue reading

Repaying Loans to Family Members prior to filing Bankruptcy

Frequently I meet with people seeking Chapter 13 or Chapter 7 bankruptcy protection who are surprised that the actions they take prior to filing for bankruptcy can have a lasting impact on their bankruptcy. For instance, let’s say the debtor’s … Continue reading

Overview of New Credit Card Legislation

The following are some of the major changes coming to credit card consumers as a result of legislation passed this week in Congress. The law will go into effect nine months from the date of enactment. I’m struck with how … Continue reading

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