How Finances and Marriage Work Together Finances and marriage go hand in hand; and when one suffers, the other often suffers, too. Nearly 80% of divorced couples say finances played a major role in their decision. As a bankruptcy lawyer, I see the same problems all the time. A lot of couples begin marriage in…
Why the SSDI Numbers Have Changed In the past 40 years, the number of people who receive Social Security Disability Insurance (SSDI) increased sixfold, from 1.4 million people to 8.3 million. A report from the Congressional Budget Office helps to explain why. Changes in the Workforce First, the numbers reflect an increase of women in…
GM Recall for Ignition Switches On Friday, GM added 971,000 vehicles to their already extensive list of faulty vehicles affected by the GM recall for ignition switches. (Originally published March 29, 2014) GM’s faulty ignition switches suddenly shut off cars, which disables the brakes, power steering, and air bags. In that moment, you have no…
The Benefits of Bankruptcy for Everyone Bankruptcy not only benefits the person trying to get out of debt, but it benefits society as a whole. When you’re behind on your bills and in debt, you think about and focus on how you’re going to get out of the hole. Your income and energy goes towards…
Why a Good Bankruptcy Attorney Makes the Difference If you need to file bankruptcy, a good bankruptcy attorney can make all the difference between success and failure. A lot of detail goes into a successful bankruptcy case. And your bankruptcy attorney has your financial future in his or her hands. So you should hire someone you…
A recent study shows the average bankruptcy cost has increased nationwide over the last few years. What caused this change and what does it mean for you? Bankruptcy Cost and the BAPCPA According to the study, this change in the cost of filing bankruptcy is directly linked to the Bankruptcy Abuse Prevention and Consumer Protection…
Why Do You Need Uninsured Motorist Coverage? As a Memphis car accident lawyer, I hear this question all the time: “Why do you need uninsured motorist coverage?” You need it because without it, you could lose everything. Uninsured motorist coverage is a crucial part of your auto insurance policy and usually doesn’t cost very much…
The National Crisis of Debt According to the Commercial Appeal, almost 45% of Greater Memphis residents and more than 35% of all adult Americans have been reported to collection agencies. The article claims the number is so high because wages barely kept up with inflation over the past five years. This debt comes from human mistakes, job…
The Dangers of Asbestos Exposure As a Memphis personal injury attorney for asbestos exposure, I have seen firsthand the serious and frequently life-threatening illnesses caused by exposure to asbestos. Asbestos-related medical issues account for about 10,000 lost lives each year. And despite what many people believe, U.S. regulators never officially banned the product. So asbestos-related…
We joke sometimes about creditors hating what we do – OK, one creditor in particular. But that’s not exactly how it works. Some creditors hate the work we do, but a lot of them love the way we do it. Here’s why: Video Transcript: If creditors hate me, it’s because I do my job very…