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...

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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...

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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...

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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...

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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...

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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...

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Foreclosures Are On The Rise. Some Warnings.

By John G. Merna, Esq.Foreclosures are on the rise.  According to MarketWatch, the first month of the year saw a seven-fold increase in foreclosures.  According to their sources, this was about 33,000 mortgages referred to foreclosure. During 2020 and 2021, the...

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