Bankruptcy

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This video was posted to youtube by my friend Damon Day, who pisses off debt relief companies (so do I, but that’s another story). Damon got quite a reaction from a debt relief sales-critter from this video.

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Update by Bankruptcy Attorney Eric Ridley. For the second time in recent years, Desert Hot Springs edged closer to possible bankruptcy recently when their City Council voted to cut pay for its police force by 22%, emphasizing how dire the city’s budget crisis is.

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This has got to be the #1 misconception I hear on an almost daily basis from people. They often do not want to consider filing for bankruptcy relief because they believe, often incorrectly, that they will lose their home or car. This is not necessarily true and one should not refuse to consider bankruptcy as an option under the (oft-mistaken) ...

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