Begin Again With Bankruptcy

Bankruptcy Violations    In this podcast, Christopher Missick discusses the topic of violations that consumers may knowingly, or unwittingly take part in.  His discussion includes issues such as who counts as an insider, what a preferential transfer involves, and what the consequences of such violations are. As always, this does not constitute legal advice or create an attorney client relationship.  If you have questions, you can find us at MissickLaw.com.

Household Names In BankruptcyEven though this seems to be one of the favorite subjects for bankruptcy attorneys to trot out to make their clients feel better, I do believe it is important to discuss just how many inspirational people have faced financial situations so dire they were pushed to file for bankruptcy.   This short podcasts explores this subject and drops some famous names you might be surprised were forced to Begin Again.

Bankruptcy ExemptionsFortunately, bankruptcy does not mean that you are going to lose everything you have, even though a Chapter 7 is referred to as a liquidation.   Over the course of this podcast, I discuss what an exemption is, and how they are applied.  As an attorney in California, this podcast is a little California heavy.  Exemptions can be complicated, since each state has the opportunity to adopt its own standards, and as a result, there is no one size fits all discussion.  I do try and parse out what an exemption is however, and how they apply to bankruptcy.  That in itself may be helpful and interesting to anyone outside of California.

Post-College BankruptciesWith so many students leaving college and entering a workforce without adequate employment options, the burden of hefty non-dischargeable student loans, combined with heavy credit card debt, has left an entire generation of millenials and late members of Gen X terrified at their financial prospects.   Even though bankruptcy is not an ideal way to begin your working professional life, sometimes it just makes sense to consider a bankruptcy filing shortly after college, when your credit card debt is high and your income is low.  That's the point of the discussion in this podcast.

Non-Dischargeable DebtJust because bankruptcy provides consumers a way to get rid of a great deal amount of consumer debt, there are exceptions as to what kinds of debt may be discharged.  In this episode, I discuss those debts which are deemed non-dischargeable, and some that I classify as rarely-dischargeable.

The Chapter 7 Bankruptcy ProcessIn this podcast, I try and make the entire process of filing a Chapter 7 bankruptcy a little more clear.  It's really designed to provide an overview of what a Chapter 7 filing entails, how to prepare and what to expect.

The Morality of Bankruptcy One of the most difficult issues for people to confront in bankruptcy, are feelings of guilt or shame.  In this podcast, I examine the moral issues that are involved in filing a bankruptcy, and refute the allegations that filing bankruptcy is an inherently immoral act.