Bankruptcy Blog

Protect Tax Refund From Scams

By John G. Merna, Esq.Tax refund time is upon us. And with your tax refund comes the risk of being targeted by fraudsters attempting to steal your hard-earned tax refund. Check the IRS website (www.IRS.gov) for an update on many recent scams.  Tax refund scams are...

read more

One Last New Year’s Resolution That Will Make You Richer

by John G. Merna Yes. This is another attempt to bombard you with a New Year's resolution suggestion.  It is not get thinner, get, happier, or resolve to lose weight. Resolve to take a vacation, get organized, buy his or that.  So here I am filling your inbox with yet...

read more

Behind on Car Loan? Delinquencies Hit Record High.

By John G. Merna, Esq. Inflationary pressures have pushed sub-prime car loan delinquencies to the highest level since 2007, according to Bankrate.com.  As many consumers are behind on car loans as was the case as we entered the 2008-2009 Recession.  As is always true...

read more

How to Financially Survive The Summer!

by John G. Merna Anyone with a child can tell you that summers bring expenses and financial pressures. There are the childcare costs if you are working, camp costs to keep your children engaged, vacation pressures and costs, etc. Most of you are already are experts at...

read more
Three Things You Can Do This Year To Be Richer

Three Things You Can Do This Year To Be Richer

by John G. Merna, Esq. As we end the first month of 2016, a person should take a moment for introspection. Everyone should take time to reflect on how to improve your life by living better and being happier.  I don't have any suggestions on how to make you happier but...

read more

Strip A Second Mortgage In Bankruptcy – Part 3

How to Remove, Eliminate or Strip a 2nd Mortgage Off a House (Conclusion). by John G. Merna, Esq.   Options One- Settling the debt As explained in Part II  of this guide, once a second mortgage is in default or behind on payments the lender has few options to...

read more

Remove A Second Mortgage In Bankruptcy – Part 2

Remove, Eliminate or Strip a 2nd Mortgage by John G. Merna, Esq. Conditions Required To Remove A Second Mortgage   Not all second mortgages will be eligible for removal.  To be in a position to eliminate or remove a second mortgage the home owner will need two...

read more