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Bankruptcy Bill & Struck Finn

FOBB: U.S. Supreme Court to decide Means Test Issue, In re: Lanning by Gregory A. Holbus, Esq.

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"So I says to Greg..."

Friends of Bankruptcy Bill (FOBB) are experienced consumer bankruptcy lawyers willing to share their thoughts and answer bankruptcy questions on this site. Feel free to get in touch if interested in contributing as a FOBB.

Gregory A. Holbus, Esq. is a Green Bay, Wisconsin-based bankruptcy attorney licensed to practice in both Wisconsin and Michigan. To learn more about Greg, you can visit his website (www.holbuslaw.com) or his blog (wisconsinbankruptcy.blogspot.com).

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Greg Holbus, Esq.

Before I get to the heart of the story, allow me to give you a quick refresher about the Means Test and what it means for a bankruptcy petitioner.

To grossly over-simplify the Means Test, it is basically Congress’ attempt to create a mathematical formula to objectively determine how much money, if any, a debtor can afford to pay to creditors holding unsecured claims. It (Form B22) determines whether you qualify for a Chapter 7, in which all of your unsecured creditors are discharged. And if you don’t qualify for Chapter 7, the same form determines how much income is available to those creditors.

A number of statutory deficiencies exist which have given rise to disputes and some bizarre interpretations to several aspects of the Means Test, often resulting in gross inequities. One example is whether a Chapter 13 debtor can take deductions on the Means Test for payments on a secured debt which the debtor intends to surrender because the payments are contractually due at the time of filing. In re: Dionne, in the Eastern District of Wisconsin says they can. I feel awkward writing about that decision because for one thing – this decision is favorable to debtors, and I am a debtors’ counsel. Also, I have nothing but respect for the judge who rendered the decision.

But I respectfully disagree that a debtor should be allowed to deduct payments on a loan that the debtor knows full well they will not pay again in the future.  Fortunately for me, Read the rest of this entry »

Law Shucks proposes “real” Fantasy Bankruptcy

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Popular law blog Law Shucks not only appreciated Fantasy Bankruptcy #2 but laid down the challenge for someone to create real fantasy bankruptcy in its Quick Shucks 10.30.09 edition.

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FOBB: Filing Bankruptcy to Surrender Assets (Sometimes it’s best) by Russell A. DeMott, Esq.

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"So I says to Russ..."

Friends of Bankruptcy Bill (FOBB) are experienced consumer bankruptcy lawyers willing to share their thoughts and answer bankruptcy questions on this site. Feel free to get in touch if interested in contributing as a FOBB.

Russell A. DeMott, Esq. is a Charleston, SC-based bankruptcy attorney with over 14 years of experience representing debtors in wide range of bankruptcy matters.  Originally from Michigan, he is licensed to practice in both South Carolina and Michigan.  To learn more about Russ, you can visit his website (www.scbankruptcyattorney.com) or his blog (www.scbankruptcyattorney.com/blog) and also find him on Facebook and Twitter.

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Russell A. DeMott, Esq.

When evaluating your financial situation, don’t let your emotions get in the way.  Chapter 7 or Chapter 13 bankruptcy may be the right solution, especially if you have assets with no equity.

I recently met a very distressed client.  He had three houses that he had been trying to keep for over two years.  Two of the properties were worth over $400,000 each.  One was worth about $200,000.   However, on each of the properties, the mortgage balances far exceeded the value.  The client had over a million dollars in property, but he owed far more than that.

As we discussed his financial goals and ability to pay his debts, I explained to him that the calculator on my desk was worth more than all three of these properties combined.  He looked puzzled.  After I explained that the calculator was worth something–at least a dollar–and that I owned it free and clear of any liens, I could see that he finally understood.  He also understood that the house payments he’d been paying were nothing more than rent.  It would be years and years before he even got to the break even point with the properties.

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Photo by Michael Mulligan

He had been struggling for years to keep the properties.  He’d tried the HAMP (“Home Affordable Modification Program”), he’d tried negotiating, and he’d written letters.  All this was to no avail.  He was emotionally exhausted.  My recommendation was that he file a Chapter 7 bankruptcy and surrender the properties.

He left relieved.  He looked like a weight had been lifted from his shoulders.  He understood that he couldn’t go on like this and was glad he took time to learn that the bankruptcy laws could give him a fresh start.

Keep in mind that the value of your property is in the equity (fair market value less what you owe on it in mortgages and other liens).  If you have no equity and you can’t afford the monthly payments, you need to take a hard look at just why you are trying to keep these properties.  Think with your head and not your heart.  And keep focused on what’s really important in life.

FOBB: Who really files for bankruptcy? by Bill McLeod, Esq.

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"So I says to Bill..."

Friends of Bankruptcy Bill (FOBB) are experienced consumer bankruptcy lawyers willing to share their thoughts and answer bankruptcy questions on this site. Feel free to get in touch if interested in contributing as a FOBB.

Bill McLeod is a Boston-based bankruptcy attorney, representing creditors and debtors with over 15 years of experience. You can learn more about this and read more of his blog posts at www.mcleodlawoffices.com. Follow him on Twitter.  Find him on Facebook.

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Bill McLeod, Esq.

What leads a person to the steps of the bankruptcy court seeking relief from debt? That is not an easy question to answer – although there are some out there who may think they know the answer. But as I was digesting a recent opinion out of the Bankruptcy Court in the Northern District of Texas, I read the following:

Anecdotally, this court notes that it sees all sorts of consumer debtors come through the bankruptcy system. At one end of the spectrum, there are individuals who have been plagued with many bad circumstances that have led to their financial demise-such as health problems, injuries, medical bills, job loss or instability, divorce, or death of a bread winner. At the other end of the spectrum, there are individuals who have been blessed with good health and adequate jobs and resources, and yet have somehow created a mountain of consumer debt that they (and probably their creditors) should have known could never be repaid. Some of these latter individuals have even engaged in some sort of fraud along the way-perhaps in a loan application at some point, or with intentional avoidance and nonpayment of taxes, or by hiding assets before entering into bankruptcy.

But the vast majority of debtors this court sees fall somewhere between the two extremes. They are individuals who probably cannot honestly blame “bad luck” as the cause of all of their woes. And many of them have made more poor choices than wise ones, and such choices have finally caught up with them.

So what does this mean, and why am I sharing it with you? The easiest answer is that it is my experience that the court is right. However, there’s a rather significant “but…” Read the rest of this entry »

Bankruptcy Law Network’s Russ DeMott profiles Bankruptcy Bill and BAPCPA Man

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A nice profile about us by Charleston, South Carolina bankruptcy attorney Russell A. DeMott just went live on the Bankruptcy Law Network’s site.  Click below to have a look-see:

http://www.bankruptcylawnetwork.com/2009/11/02/bankruptcy-bill-and-bapcpa-man-cartoons-come-to-bankruptcy/

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Bankruptcy Bill #3 on Google

Just noticed that if you Google the term “bankruptcy bill,” a Bankruptcy Bill post comes up as the 5th item listed.  Not bad to be 5 out of 8,860,000.

Update: Now we’re #3 out of 9,940,000!  (Not sure what changed.  Maybe the Bankruptcy Law Network post by Russ DeMott helped?)

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BAPCPA Man #13 – Halloween and Bankruptcy

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BM13_halloween-1Special thanks to Gregory A. Holbus, Esq. of  Green Bay, WI for sharing both his bankruptcy expertise and sense of humor with us for this cartoon.  For more of Greg’s bankruptcy expertise, go to Wisconsin Bankruptcy Blog.

Meanwhile, here’s a blog post on the intersection of Halloween and bankruptcy by George Haines of Haines & Krieger (Las Vegas, NV):

Still searching for a Halloween costume?  Go as a lawyer.  Or better yet, go as J.R. Ewing’s laywer.  Here’s an Attorney Directory along with info on Dallas Bankruptcy to give you more ideas.

Be Facebook friends with:

Click here to get your BAPCPA Man and Mortgantua T-shirts, Mugs, Cards and More!

*To see more of Gideon Kendall’s work go to www.gideonkendall.com.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

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Bankruptcy Bill #21 – Fantasy Bankruptcy #2

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*Click here for Bankruptcy Bill #20 – Fantasy Bankruptcy #1, here for all previous Bankruptcy Bill cartoons, and here for a previous post on the connection between structured finance and fantasy football.

88971898KC031_Miami_DolphinHere are bios for the highly respected Delaware bankruptcy lawyer Laura Davis Jones of the law firm Pachulski Stang Ziehl & Jones and for the Honorable Judge Arthur Gonzalez of the Southern District of New York who has presided over many of the largest bankruptcy cases including Lehman Brothers, Enron, Chrysler and Worldcom.

And for any fans (or fantasy football owners of) of Tony Gonzalez (another great Gonzalez) here’s info on Atlanta Chapter 7 bankruptcy and Atlanta Chapter 13 bankruptcy.

Get your BAPCPA Man and Mortgantua T-shirts, Mugs, Cards and More!

*To see more of Gideon Kendall’s work go to www.gideonkendall.com.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

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Be Mortgantua’s Facebook friend!

Sure, Mortgantua doesn’t have the most engaging personality. And you wouldn’t want to invite him over to your house, per se. But he does make a great Facebook friend.  Click below to be his friend and we promise that he’ll leave you and your home alone.  Well, probably.

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BAPCPA Man and Mortgantua T-shirts, Mugs, Cards and More!

You’ve waited patiently.  And now it’s here…


create & buy custom products at Zazzle
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Be the first in your district to get these official BAPCPA Man and Mortgantua items!  Give them as gifts to friends and clients!  Wear them proudly at conferences!

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Or go to the Bankruptcy Bill store on Zazzle for all available BAPCPA Man and Bankruptcy Bill itemshttp://www.zazzle.com/bankruptcybill

Note #1: Don’t see what you want?  Zazzle lets you choose from a variety of shirts, mugs, buttons and other items.  Still don’t see what you want?  Email us at bill [at] bankruptcybill [dot] us.

Note #2: Apologies for the prices being a little on the high side.  Doing this through Zazzle is convenient on our end since we don’t have to handle any inventory.  But they don’t make it cheap.

BAPCPA Man #11: Chapter 7 vs Chapter 13

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For more information on Chapter 7 and Chapter 13 bankruptcy, here are some blog posts from bankruptcy lawyers:

Haines & Krieger (Las Vegas, NV)

Bruce Weiner (Rosenberg Musso & Weiner)NYBankruptcyNet (Brooklyn, NY)

*To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

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Chapter 8 Humor: A tribute to Reader’s Digest by Eric Van Horn

ReadersDigestThe October issue of the American Bankruptcy Institute Journal has an entertaining and humorous tribute to Reader’s Digest, in honor of its recent bankruptcy filing, written by Dallas attorney Eric Van Horn who regularly writes for the ABI Journal’s ”Chapter 8″ humor column.

The tribute provides Reader’s Digest-style synopses of events leading up to recent media and celebrity bankruptcies, along with a clever take on the leveraged buyout.  If you are an ABI member, it is the Sideshow article that is part of the Chapter 8 humor column; otherwise look for it on Westlaw or Lexis (although we encourage all bankruptcy professionals to join the ABI).

Eric Van Horn can also be contacted for a copy of the article at chapter8humor@gmail.com.

LawShucks comment on Fantasy Bankruptcy

quickshucks-276x300LawShucks added its own take on Bankruptcy Bill’s Fantasy Bankruptcy in its Quick Shucks 10.08.09:

Fantasy bankruptcy is brilliant. Harvey Miller is the Adrian Peterson of the draft, but then do you go for the double-down strategy of picking Goldstein, or do you diversify and go with someone from K&E?

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Bankruptcy Bill #20 – Fantasy Bankruptcy

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*Click here for all previous Bankruptcy Bill cartoons, and here for a previous post on the connection between structured finance and fantasy football.

Here’s more information about Matthew Feldman, the bankruptcy lawyer from Willkie Farr & Gallagher who was appointed to the Auto Task Force, as well as about Marcia Goldstein, chair of the Business Financing & Restructuring group at Weil Gotshal & Manges.  And, for what it’s worth, here’s more information about carpal tunnel syndrome.

Also, if you’re really into stats, go here for more information on the Bankruptcy Means Test, and for the Dallas Cowboy fans out there, here’s more info on Dallas Bankruptcy (Redskins fans need not click).

And lastly, here are some recent bankruptcy-relevant posts on Above The Law:

*To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

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http://www.weil.com/marciagoldstein/

Be BAPCPA Man’s Facebook Friend!

facebookWe’re very excited to announce that BAPCPA Man now has his very own Facebook page!  That means now you can be Facebook friends with BAPCPA Man himself.

Here’s the link:  http://facebook.com/bapcpaman

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(We told you his powers were great and many.)

Also, in case you missed them, you can see the Bankruptcy Bill cartoons about Facebook here (#1) and here (#2).  And everyone is always welcome to join the large and growing Bankruptcy Bill Facebook Group.

New RSS feed address http://feeds.feedburner.com/Bankruptcybill

We’ve got a new rss feed address via FeedBurner

http://feeds.feedburner.com/Bankruptcybill

Apologies for any inconvenience to our rss subscribers.  The reason for the change?  The ABA Journal kindly emailed to let us know that Bankruptcy Bill is now in their Blawg Directory–have a look at http://www.abajournal.com/blawgs/bankruptcybill.us. However, they also pointed out that they were having trouble with the old rss feed of http://bankruptcybill.us/feed.  Hence the switch.

Not clear if this means we’re going to be in the ABA Journal’s Top 100 Blawgs, but regardless, we appreciate being on their radar screen.  And if you haven’t done it already, take a moment to tell the ABA Journal why Bankruptcy Bill should be included in their Top 100 Blawgs:  http://www.abajournal.com/blawgs/blawg100_submit (Deadline Friday, Oct 2).

BAPCPA Man #10 – Bedtime for BAPCPA Man

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*Click here for all previous BAPCPA Man cartoons, or here for all cartoons on the site relating to consumer bankruptcy.

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See below to get a sense of what lawyers in the blogosphere are saying on topics related to BAPCPA.  And here’s some general information about Los Angeles bankruptcy and Atlanta bankruptcy.

Steven Jakubowski, Esq.  (Coleman Law Firm) – Bankruptcy Litigation Blog (Chicago, IL)

Craig D. Robins, Esq. – Long Island Bankruptcy Blog (Woodbury, NY)

Reed Allmand, Esq. (Allmand & Lee)Reed’s Bankruptcy Attorney Blog (Dallas and Ft. Worth, TX)

Bruce Weiner (Rosenberg Musso & Weiner)NYBankruptcyNet (Brooklyn, NY)

George Haines, Esq. and David Krieger, Esq. (Haines & Krieger) (Las Vegas, NV)

*To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

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Bankruptcy Bill and BAPCPA Man join NACBA

National Association of Consumer Bankruptcy AttorneysJust a quick FYI to let readers know that I’ve joined the National Association of Consumer Bankruptcy Attorneys (NACBA).

I’m glad to be a member and look forward to learning the secret handshake if one exists.  If it does, it would be great if someone out there could email me the protocol.  Or perhaps send me a YouTube video so I can observe and practice?  (I promise not to have it illustrated in a cartoon.)

Secret handshake or not, I look forward to meeting and connecting with fellow NACBA members.

BAPCPA Man #9 – BAPCPA Man vs Mortgantua – Part 2

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*Click here to see BAPCPA Man #7 – BAPCPA Man vs. Mortgantua – Part 1, and here for all previous BAPCPA Man cartoons, or here for all cartoons on the site relating to consumer bankruptcy.

More information on MORTGAGES, FORECLOSURE and LOAN/MORTGAGE MODIFICATION:

Here’s a nice “infographic” on the steps in the Foreclosure Process in Nevada made available in PDF format by the Legal Aid Center of Southern Nevada.  And if you’re just looking for bankruptcy information, here’s a helpful bankruptcy link.

Below are some useful posts from bankruptcy lawyer blogs on the topics of mortgages, foreclosure, loan modification and the Making Homes Affordable Program.  (Go to the BK Lawyer Blogs page on this site to see a full state-by-state list of bankruptcy lawyer blogs. And get in touch if you have a blog and don’t see it listed.)

George Haines, Esq. and David Krieger, Esq. (Haines & Krieger) (Las Vegas, NV)

Bruce Weiner (Rosenberg Musso & Weiner)NYBankruptcyNet (Brooklyn, NY)

Craig D. Robins, Esq. – Long Island Bankruptcy Blog (Woodbury, NY)

Jonathan Ginsberg, Esq. – theBKLaw (Atlanta, GA)

Reed Allmand, Esq. (Allmand & Lee)Reed’s Bankruptcy Attorney Blog (Dallas and Ft. Worth, TX)

*To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

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Client Ads on Law Firm Websites? Hmmm…

Here’s an interesting post by Jayne Navarre, managing director of lawgravity.com, (re-posted with permission).  Jayne consults on Internet marketing and communications for law firms. She coaches lawyers and marketers on the nuances necessary to succeed in social media, social networking and search optimization on the Web.  She blogs at www.virtualmarketingofficer.com and can be reached at jln@lawgravity.com.

bombSmallI just dropped an idea bomb over on the Legal Marketing Association’s peer-to-peer social network, LMA Connect; it’s a members only community so I can’t post the link. However, it’s so big –at least in my mind– that I thought I’d share it with my blog readers with a caveat “you heard it here, first.”

I think law firm web sites should host banner and skyscraper ads for their clients. For free, of course.

It may help if I set up the story.

(Click here to read the rest of the post on Jayne’s blog.)

ABI Journal: Restructuring the Misperception of Lawyers – by Nancy Rapoport and Eric Van Horn

ipireneUpdate 9.17.09

There’s a thoughtful and entertaining article in the September 2009 Issue of the ABI Journal titled “Restructuring the Misperception of Lawyers:  Another Task for Bankruptcy Professionals” written by Nancy Rapoport (Gordon Silver Professor of Law at UNLV’s William S. Boyd Law School and the author of the book Enron: Corporate Fiascos and Their Implications), and by bankruptcy lawyer and humorist Eric Van Horn.

However, it turns out that while we received permission from the authors to re-post the article here, we do not in fact have permission from the ABI to re-post the article.  So, after further consultation with our own in-house intellectual property counsel, IP Aileen, we have decided that the prudent course of action would be to remove the article from this site.

If you’d still like to read the article (and it is a good one), please fee free to e-mail Eric Van Horn at chapter8humor [at] gmail [dot] com and he’ll be happy to e-mail you a copy.  (It’s either that or shell out $300 for ABI membership to get your own copy of the ABI Journal.)

BAPCPA Man and Bankruptcy Bill in the Los Angeles Bankruptcy Law Monitor and The Monkey Cage

(Click here to tell the ABA Journal if you think the Bankruptcy Bill site (including the Bankruptcy BillBAPCPA Man cartoons, bankruptcy haiku and the “Bankruptcy Lover” song) should be included in the Top 100 law blogs:  http://www.abajournal.com/blawgs/blawg100_submit ) and

Two nice mentions of the Bankruptcy Bill site:

1. A very flattering post by LA-based bankruptcy lawyer and BAPCPA Man fan Christine Wilton, Esq. who writes the Los Angeles Bankruptcy Law Monitor.  Here’s a clip:

Considering the negative stigma around bankruptcy law and in light of our nation’s economic woes, these cartoons are a refreshing departure.  They’re easy to read and understand.  They take the law and break it down into layman’s terms; a gift I rather admire.

We’re also pleased that Christine was moved to compose her own bankruptcy haiku.  Always good to see bankruptcy lawyers releasing their inner poets.

2. An  appreciative mention of our recent fantasy football/structured finance commentary by NYU Professor of Political Science Josh Tucker on The Monkey Cage, a blog written by a group of political science professors.  (Full disclosure: Josh is not only my cousin but also manager of Cluck U which competes against the BAPCPA Men in the Dzhankoye fantasy football league.)

Oatbran and the foreclosure crisis

What do General Mills and the mortgage industry have in common?

The both like to take crap, re-package it and label it as something healthy.

Today on my way to work outside of Grand Central Station I was handed a sample General Mills “Fiber One” oats & chocolate bar with a wrapper indicating “35% Daily Value of Fiber.”  When I opened up the package, though, it was your basic chewy granola bar full of chocolate chips, high maltose corn syrup, high fructose corn syrup, etc.  All in a nice shiny package.  Kids junk food repackaged for adults.

It occurred to me that’s the same approach that the mortgage and banking industry took to finance.  Take a bunch of subprime loans, package them together, get the ratings agencies to label them as something healthy-sounding like “AAA,” and then sell them off to the public.

It also occurred to me that, despite all the hand-wringing over that process with the benefit of 20/20 hindsight, we still continue to allow the same pattern to continue in various aspects in our lives (and probably still in the finance industry for that matter).

Perhaps a more appropriate General Mills analogy would be how they treat oat bran in general.  Some studies apparently show some sort of correlation between oat bran and lower cholesterol.  I think the study may have even be discredited by now, or maybe just qualified in a variety of ways.  Whatever it is, General Mills has aggressively applied the transitive property to sugar-filled cereals like Honey Nut Cheerios (and regular Cheerios, for that matter, which has a lot of sugar in it) to claim that eating them is a good way to help lower your cholesterol.

The reality of course is that eating those cereals is no more likely to lower your cholesterol than it is to make a pool of subprime mortgages a safe bet.  And getting Moody’s to give a “AAA” rating to Froot Loops isn’t going to change the fact that they’re no more than rings of sugar (or high fructose corn syrup) held together by chemicals.  It also doesn’t make them “whole grain” despite the fact that the FDA seems ok with that label.

Why are we so upset about abuse of a process that ruined our economy, but we’re willing to accept it in other settings?  Are there just too many parties that benefit from the system to upset the Apple Jacks cart?  Or is there something deeper within our human nature where we want the wool to remain snugly pulled over our eyes at the expense of our society?

Paraphrasing the great modern philosopher Homer Simpson, I would simply say, “Mmmmm…..high fructose corn syrup.”

BAPCPA Man #8 – Automatic stay and teenagers

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*Click here for previous BAPCPA Man cartoons, or here for all cartoons on the site relating to consumer bankruptcy.

For a more in depth explanation of the automatic stay, have a look at the Wikipedia entry.  Also see posts on the topics of automatic stay and debt collection by the following bankruptcy lawyers on their blogs:

Bruce Weiner (Rosenberg Musso & Weiner)NYBankruptcyNet (Brooklyn, NY)

Haines & Krieger (Las Vegas, NV)

Craig D. Robins, Esq. – Long Island Bankruptcy Blog (Woodbury, NY)

Reed Allmand, Esq. (Allmand & Lee)Reed’s Bankruptcy Attorney Blog (Dallas and Ft. Worth, TX)

Click here for a state-by-state list of bankruptcy lawyers with blogs.

*To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

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BLT (Bankruptcy Lawyer Topics): Credit Cards

BLT (Bankruptcy Lawyer Topics) is a periodic review and comparison of  consumer bankruptcy topics being covered on bankruptcy lawyer blogs.

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Credit cards.  The virtual foundation of our economy.  The evil siren that drags so many people into bankruptcy and financial ruin.  And yet ironically a tool for improving credit scores if used in somewhat counter-intuitive ways.  What do bankruptcy lawyers have to say about them on their blogs?  See below.

TEXAS

Reed Allmand, Esq. (Allmand & Lee)Reed’s Bankruptcy Attorney Blog (Dallas and Ft. Worth, TX)

WASHINGTON

Spencer Anderson Buhr PLLC – Seattle Bankruptcy Blog (Seattle, WA)

    WISCONSIN

    Law Office of Gregory A. Holbus, Esq. – Wisconsin Bankruptcy Blog (Green Bay, WI)

    Fantasy football: The structured finance of the sports and leisure world?

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    [Warning: This is a post with actual writing that has no new cartoons and only tangentially relates to bankruptcy.]

    Has anyone else noticed the uncanny parallels between fantasy football and structured finance?

    Both seem to involve disconnecting the value from the source of the value.  In the case of structured finance, it’s separating the payments from payment-generating assets such as loans for homes.  This process created a bubble by disconnecting the incentive to make loans from the actual value of the loans.

    In the case of fantasy football it seems a similar process is occurring.  We take all the numbers and statistics generated by teams of actual players who practice and work together on a daily basis and form relationships, and we structurally isolate them from true value of the games.  Then we rearrange and redistribute the numbers and re-value them in a way that creates a variety of perverse incentives that are often disconnected from the value of the games themselves.

    Where’s the bubble in all of this?  NFL Football is more popular than ever, and a large part of that is due to interest in fantasy football.  Now instead of just following the Redskins and maybe keeping an eye on the Cowboys, you might also flip back and forth to the Lions-Raiders game to see whether Darren McFadden or Justin Fargas is getting the bulk of the carries.  (Seriously.)

    On top of that, services like DirectTV are flourishing thanks to the “need” of football fans to not miss a game.  And fantasy football league hosters, news providers and bloggers are gainfully employed for using skills that previously had no value outside of a sports bar.  All because we’ve developed a more creative way to use these statistics that were sitting around not being used by anyone.

    "Plan B?  We'll petition the Court to appont a Haiku Committee in the GM case.  There'll be so many committees in that case maybe they won't notice one more."What’s the danger of this bubble?  As a fantasy football participant myself (Team name:  “BAPCPA Men”), I’m not sure but I can’t help feeling rather cynical.  The bubble created by the structured finance machine left a lot of destruction and bankruptcy in its wake, and somehow most of our country didn’t see that coming.  So I propose we start worrying about the Fantasy Football Bubble now.  Maybe set up a think tank or ABI commission to start really thinking these issues through.

    Or perhaps we can figure it out right here if anyone wants to post some additional thoughts or comments.

    BAPCPA Man #7 – BAPCPA Man vs. Mortgantua

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    *Click here for previous BAPCPA Man cartoons, or here for all cartoons on the site relating to consumer bankruptcy.

    Below are some helpful posts from bankruptcy lawyer blogs on the topics of mortgages, foreclosure, loan modification and the Making Homes Affordable Program.  Go to the BK Lawyer Blogs page on this site to see a full state-by-state list of bankruptcy lawyer blogs.  (And get in touch if you have a blog and don’t see it listed.)

    Update 9.10.09: There’s a great piece on NPR about foreclosures and the black-box decision making process regarding loan modifications (”Major Banks Still Grappling with Foreclosure“).  At one point, there’s a clip of reporter Chris Arnold in the Bank of America call center, listening over the shoulder of a call center rep who tells a homeowner they’re not eligible for a loan modification.  Arnold questions the rep and receives a not so satisfying explanation.  The issue is raised with the supervisors and it turns out the homeowner was in fact eligible for a loan modification.  How frequently is this scenario replaying itself?

    George Haines, Esq. and David Krieger, Esq. (Haines & Krieger) (Las Vegas, NV)

    Bruce Weiner (Rosenberg Musso & Weiner)NYBankruptcyNet (Brooklyn, NY)

    Craig D. Robins, Esq. – Long Island Bankruptcy Blog (Woodbury, NY)

    Jonathan Ginsberg, Esq. – theBKLaw (Atlanta, GA)

    Reed Allmand, Esq. (Allmand & Lee)Reed’s Bankruptcy Attorney Blog (Dallas and Ft. Worth, TX)

    *To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

    DinoCvr500px

    Bankruptcy Billables 9.2.09

    billables-2***************

    Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

    Point of Law

    Going Concern

    Above The Law

    WSJ Bankruptcy Beat

    Creditslips.org

    Law Shucks

    • On vacation this week.

    BAPCPA Man #6 – Unemployment, Median Income and the Means Test

    Note:  If you are viewing this site using Internet Explorer, you may not be able to view items in the sidebar.  Clicking on any page or post will cause sidebar items to appear.

    BM6_falling(corrected)(Click image to see earlier sketch version of cartoon.)

    *Correction:  The cartoon previously referred incorrectly to a “Chapter 7 repayment plan.”  Apologies for the confusion.

    Below are some helpful posts from bankruptcy lawyer blogs on the topics of unemployment, median income and the means test.  Go to the BK Lawyer Blogs page on this site to see a full state-by-state list of bankruptcy lawyer blogs.  (And get in touch if you have a blog and don’t see it listed.)

    *Also, for anyone trying to figure out their median income, Best Case has a free on-line median income calculator for any state.

    Bruce Weiner (Rosenberg Musso & Weiner)NYBankruptcyNet (Brooklyn, NY)

    Craig D. Robins, Esq. – Long Island Bankruptcy Blog (Woodbury, NY)

    Haines & Krieger (Las Vegas, NV)

    Jonathan Ginsberg, Esq. – theBKLaw (Atlanta, GA)

    Reed Allmand, Esq. (Allmand & Lee)Reed’s Bankruptcy Attorney Blog (Dallas and Ft. Worth, TX)

    *Click here for previous BAPCPA Man cartoons, or here for all cartoons on the site relating to consumer bankruptcy.

    *To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

    DinoCvr500px

    Bankruptcy Billables 8.26.09

    billables-2***************

    Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

    Law Shucks

    Point of Law

    • Will Number 25 Be The Charm? – S. Todd Brown reviews and analyzes the latest developments in the seemingly endless Congoleum asbestos bankruptcy case.

    WSJ Bankruptcy Beat

    Creditslips.org

    Going Concern

    Above The Law

    BLT (Bankruptcy Lawyer Topics): Trustee

    BLT (Bankruptcy Lawyer Topics) is a periodic review and comparison of  consumer bankruptcy topics being covered on bankruptcy lawyer blogs.

    BLT-2

    ************

    TRUSTEE

    ARKANSAS

    Bankruptcy Savant – Arkansas Bankruptcy News and Info

    CALIFORNIA

    Hale Antico, Esq. – Los Angeles Bankruptcy Blog (Los Angeles, CA)

    Sagaria Law, PC – California Bankruptcy Lawyer Blog (San Jose, Freemon, Monterrey, Redwood City, Salinas, Sacramento, CA)

    COLORADO

    James J. Pacifico, Esq. – Denver Colorado Bankruptcy Blog (Denver, CO)

    FLORIDA

    Jordan E. Bublick, Esq. – South Florida Bankruptcy Law Blog (Miami, FL)

    GEORGIA

    Jonathan Ginsberg, Esq. – theBKLaw (Atlanta, GA)

    **  More posts about trustees after the jump ** Read the rest of this entry »

    Hang 22 with a double-dip recession

    Note:  If you are viewing this site using Internet Explorer, you may not be able to view items in the sidebar.  Clicking on any page or post will cause sidebar items to appear.

    No new Bankruptcy Bill or BAPCPA Man cartoons this week, but we’ll be back with more next week.  Meanwhile, given new predictions of back-to-back recessions by Nouriel Roubini of the Financial Times (”The risk of a double-dip recession is rising“), it seems appropriate to reach back to the beginning of Bankruptcy Bill for a re-run of the bankruptcy wave cartoon:

    BB_2

    *If you like what you see and want to support us, you can do it via sponsorship/advertising/syndication/other as well as by simply making a donation in any amount via PayPal.

    *Click here to see all of the Bankruptcy Bill cartoons and here to see cartoons related to “law firms.”

    *To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

    DinoCvr500px

    ipirene1

    p.s.  Regarding copyright issues, our legal counsel, IP Aileen, says:  “Other bloggers/websites/publications:  You are more than welcome to post “Bankruptcy Wave” on your sites as long as you also include all of the text, links and images in this post, including this paragraph.  If you fail to respect our wishes, we’ll fix the economy so as to remove the need for any bankruptcy services (if you’re a lawyer) or any more coverage of the recession (if you’re a journalist/blogger).”

    Bankruptcy Bill #19 – Law firm raids

    Note:  If you are viewing this site using Internet Explorer, you may not be able to view items in the sidebar.  Clicking on any page or post will cause sidebar items to appear.BB19_raid-2

    *Update: In bankruptcy news today,  Michael Foreman has joined Haynes & Boones‘ New York office.  He was previously at Dorsey & Whitney.

    *If you like what you see and want to support us, you can do it via sponsorship/advertising/syndication/other as well as by simply making a donation in any amount via PayPal.

    *Click here to see all of the Bankruptcy Bill cartoons and here to see cartoons related to “law firms.”

    *To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

    DinoCvr500px

    ipirene1

    p.s.  Regarding copyright issues, our legal counsel, IP Aileen, says:  “Other bloggers/websites/publications:  You are more than welcome to post Strip #19 – Law Firm Raids on your sites as long as you also include all of the text, links and images in this post, including this paragraph.  If you fail to respect our wishes, we’ll send you back to Kirkland’s restructuring group (Chicago office).”

    Bankruptcy Billables 8.19.09

    billables-2

    Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

    Point of Law

    • Cramdown still lurking
    • Systemic Indifference (S. Todd Brown comments on reckless and indifferent collection practices of mortgage companies cited in a Huffington Post piece by Karen Weise.  Ties commentary into accuracy of claims process in bankruptcy cases, particularly asbestos cases.)

    WSJ Bankruptcy Beat

    Creditslips.org

    Going Concern

    Above The Law

    NYLawyer.com (free registration required)

    Law Shucks

    Did we miss a good recent bankruptcy-related post on another blog?  E-mail bill [at] bankruptcybill [dot] us to let us know.

    BAPCPA Man #5 – 341 Meeting of Creditors

    BM_5-341

    341 Meeting of Creditors

    Here are some blog posts by real bankruptcy lawyers on the topic of the 341 Meeting of Creditors:

    Bruce Weiner, Esq. (Rosenberg Musso & Weiner)NYBankruptcyNet (Brooklyn, NY)

    Craig D. Robins, Esq. – Long Island Bankruptcy Blog (Woodbury, NY)

    Law Office of Gregory A. Holbus, Esq. – Wisconsin Bankruptcy Blog (Green Bay, WI)

    George Haines, Esq. of Haines & Krieger (Las Vegas, NV)

    *BAPCPA Man would like to offer a special thanks to Eugene S. Melchionne – Connecticut Bankruptcy (Waterbury, CT) for his recent donation to the site.  Eugene, by the way, is currently serving as President of the Bankruptcy Law Network.

    *Click here for  Bankruptcy Bill’s state-by-state list of bankruptcy lawyers with blogs.

    *Click here for previous BAPCPA Man cartoons, or here for all cartoons on the site relating to consumer bankruptcy.

    *To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Petsthe wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

    DinoCvr500px

    BLT (Bankruptcy Lawyer Topics): Discharge

    BLT (Bankruptcy Lawyer Topics) is a periodic review and comparison of  consumer bankruptcy topics being covered on bankruptcy lawyer blogs.

    BLT-2This week’s theme is “discharge,” inspired by an interesting post shared by The Law Office of Elliot S. Schlissel titled “Can A Creditor Pursue a Debtor’s Co-Signor After Discharge?“  (Click here to see the whole post with state-by-state listing of bankruptcy lawyer blog posts on the topic of discharge.)

    NEVADA

    Haines & Krieger (Las Vegas, NV)

    NEW YORK

    Elliot S. Schlissel, Esq. – The Elliot Schlissel New York Law Blog (Lynbrook, NY)

    Craig D. Robins, Esq. – Long Island Bankruptcy Blog (Woodbury, NY)

    David S. Hamilton (Dwyer & Associates) (New York, NY)

    OKLAHOMA

    Law Office of Daniel C. Nunley, Esq.- Oklahoma Bankruptcy Lawyer Blog (Broken Arrow, OK)

    ***More blog entries from different states after the jump.*** Read the rest of this entry »

    BAPCPA Man #4 – The Battle of BAPCPA

    BM_4(Click image to see earlier sketch version on Gideon Kendall’s blog.)

    BAPCPA Background

    For more background on the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (aka BAPCPA), read Professor Elizabeth Warren’s testimony to Congress (Feb. 10, 2005) and testimony by Professor Todd Zywicki (Feb. 10, 2005).  Also a range of helpful coverage and commentary on the debate, impact and effects of BAPCPA on Creditslips.org along with some of the continued debate between the perspectives of Professor Warren and Professor Zywicki here, here and here.

    Bankruptcy Lawyer Blogs on BAPCPA

    From the bankruptcy lawyer blog circuit, helpful posts on court interpretations of BAPCPA so far by Jordan E. Bublick, Esq. at South Florida Bankruptcy Law Blog, including a summary of the two schools of thought on BAPCPA by bankruptcy courts.   A post by Craig Robins, Esq. on LongIslandBankruptcyBlog about the evolving criticisms of the new bankruptcy law as of 2006.  Additional commentary on bankruptcy as a social safety net by Bruce Weiner, Esq. of Rosenberg, Musso & Weiner (Brooklyn, NY) on NYBankruptcyNet.  And a reflective look back at the passage of BAPCPA by Dave Krieger, Esq. of Haines & Krieger (Las Vegas, NV).

    *Click here for  Bankruptcy Bill’s state-by-state list of bankruptcy lawyers with blogs.

    *Click here for previous BAPCPA Man cartoons, or here for all cartoons on the site relating to consumer bankruptcy.

    *To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Pets, the wonderfully illustrated children’s book written by Lynn Plourde and illustrated by BAPCPA Man’s favorite illustrator, Gideon Kendall.

    DinoCvr500px

    Recent media coverage for BAPCPA Man

    BAPCPA Man #3 – Enter Subprimulus resulted in increased media exposure, as indicated below.  BAPCPA Man’s secret identity, meanwhile, remains a mystery….

    1.  Above The Law – Non-Sequiturs 08.11.09

    “For the bankruptcy law groupies among you: It’s a bird! It’s a plane! It’s… BAPCPA Man! [BankruptcyBill.us]“

    2.  Bankruptcy Newz Digest

    BAPCPA Man #3 – Enter Subprimulus was the #2 article* listed in Bankruptcy Newz Digest for Tuesday, August 11, 2009 – http://pinhawk.com/r/oCl(ObZ)bmlA(*o6tVbXk6o1oVo

    *It bears mentioning that the #1 article (”Three more banks fail, bringing total to 72, The Deal, August 10, 2009″) is, in fact, dated August 10, meaning that BAPCPA Man should have been the #1 article and making this a fairly clear violation of the absolute priority rule.  (Well, our version of it anyway.)  Further research on the issue is warranted and may result in a “preference” action.BAPCPAlogo

    Interested in Advertising/Sponsorship/Syndication?  It’s less costly than pre-bankruptcy credit counseling and easier than a Chapter 7 no-asset case.  Contact bill [at] bankruptcybill [dot] us for more info.

    Bankruptcy Billables 8.12.09

    billables-2

    Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law blogs.

    Above The Law

    NYLawyer.com (free registration required)

    Law Shucks

    Point of Law

    Creditslips.org

    Going Concern

    Did we miss a good recent bankruptcy-related post on another blog?  E-mail bill [at] bankruptcybill [dot] us to let us know.

    BAPCPA Man #3 – Enter Subprimulus

    BM3_subprime-3

    Mandatory Credit Counseling

    Subprime Mortgages

    *Click here for a state-by-state list of bankruptcy lawyers with blogs.

    *Click here for previous BAPCPA Man cartoons or here for all cartoons on the site relating to consumer bankruptcy.

    *To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.  Or order yourself a copy of Dino Pets, the wonderfully illustrated children’s book written by Lynn Plourde and illustrated by Bankruptcy Bill’s very own Gideon Kendall.

    DinoCvr500px

    Books: Bankruptcy Bill recommends…”Liquidated: An Ethnography of Wall Street” by Karen Ho

    One more book to add to Bankruptcy Bill’s Summer Reading List (though it’s fine to read this in the fall or winter as well).

    Liquidated:  An Ethnography of Wall Street by Karen Ho

    Liquidated

    **************

    For this book, Karen Ho, a professor of anthropology at the University of Minnesota, actually spent three years working for a Wall Street bank as part of her on-site research, and the investment bankers are referred to as “natives” (in the anthropological parlance).  One of the interesting notions she presents is that the process of using corporate layoffs to improve the share price and bottom line is more correctly viewed as Wall Street exporting its own internal culture–one of insecurity and adaptability–to the rest of corporate America.

    Read the Time Magazine interview with Karen Ho here (”An Anthropologist on What’s Wrong with Wall Street“).  The Duke University Press summary here (where you can also purchase the book).  And the American Anthropological Association post about her here.  Below is an interview with Ho from the University of Minnesota’s YouTube channel:

    “Bankruptcy Lover” – by Bankruptcy Bill and The Fresh Starts

    Ladies and gentlemen, debtors and creditors, we are pleased to share the debut single by Bankruptcy Bill & The Fresh Starts….

    Bankruptcy Lover


    http://bankruptcybill.files.wordpress.com/2009/03/bankruptcylovermp3.mp3

    (Click either the link above or the image below to listen.)

    band_withlogo_web

    Bankruptcy Bill & The Fresh Starts groupies can get their…

    Click here for the lyrics and explanatory notes as well as a note on copyright and use restrictions. Read the rest of this entry »

    Bankruptcy Books: Bankruptcy Bill’s Summer Reading List

    haiku_sm2We understand completely:  You want something to read at the beach, but darnit, there’s just not enough good bankruptcy literature out there.  (Well, with the exception of bankruptcy haiku.  But those are just so…y’know…short.)  We hear your cries, and that is why we offer….

    Bankruptcy Bill’s Summer Reading List

    (If you have other good books to add to the list, please feel free to post them in the comments section or e-mail the title to bill [at] bankruptcybill [dot] us.)

    Update 8.10.09: Late addition to the list in a new post today: Liquidated – An Ethnography of Wall Street by Karen Ho.

    1. Comic Wars:  How Two Tycoons Battled Over the Marvel Comic Empire — And Both Lost by Dan Raviv – Ron Perlman vs. Carl Icahn vs. Ike Perlmutter vs. Avi Arad for control of Marvel Comics via the bankruptcy process, with cameo by Stan Lee.  (Note: This is Bill and Struck’s favorite, for obvious reasons.)

    comic_wars Read the rest of this entry »

    BLT (Bankruptcy Lawyer Topics): Scams!

    BLT (Bankruptcy Lawyer Topics) is a periodic review and comparison of  consumer bankruptcy topics being covered on bankruptcy lawyer blogs.

    BLT-2

    On the heels of today’s article in the New York Times (”Online Scammers Prey on Jobless“), it seemed appropriate to see what various bankruptcy lawyer blogs have to say on the topic of scams in world of bankruptcy, debt, mortgages and foreclosure.

    WISCONSIN

    Law Office of Gregory A. Holbus, Esq. – Wisconsin Bankruptcy Blog (Green Bay, WI)

    TEXAS

    Steven Sathers, Esq. – A Texas Bankruptcy Lawyer’s Blog (Austin, TX)

    Bankruptcy Billables 8.5.09

    billables-2Bankruptcy Billables is an overview of bankruptcy coverage and discussion from various independent law blogs.

    Going Concern

    Law Shucks

    Point of Law

    Above The Law

    Did we miss a good recent bankruptcy-related post on another blog?  Post in the comments section below, or e-mail bill [at] bankruptcybill [dot] us to let us know.


    Bankruptcy Bill #18: Pro Bono

    BB_StruckProbono

    (To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.)

    While Struck is not likely to win any awards for his pro bono bankruptcy service, here are some law firms and lawyers who have:

    If you know of someone else who deserves a mention for their pro bono bankruptcy work, feel free to post a comment about them.

    ipirene1

    p.s.  Regarding copyright issues, our legal counsel, IP Aileen, says:  “Other bloggers/websites/publications:  You are more than welcome to post Strip #18 – Pro Bono on your sites as long as you also include all of the text, links and images in this post, including this paragraph.  If you fail to respect our wishes, we’ll make you work for Weil Gotshal on an entirely pro bono basis.”

    Meet the Bargain Babe

    BargainBabeBanner

    BargainBabe

    ****************

    Bargain Babe is who Bankruptcy Bill would love to date if he could ever get out of the office.  (See Bill’s previous efforts at dating.)

    Bargain Babe (www.bargainbabe.com) is also known as Julia Scott, “a cheapskate by nature and a journalist by training.”  And her site has become one of the go-to spots on the web for ways to save money.

    Bankruptcy Bill and BAPCPA Man both strongly recommend Bargain Babe for anyone into cutting costs and alliteration.  See an NBC News interview with Bargain Babe after the jump.

    ****************

    Read the rest of this entry »

    BAPCPA Man #2: Automatic Stay Force Field


    BM2-autostayforce

    For a more in depth explanation of the automatic stay, take a look at the Wikipedia entry as well as a brief explanation by Haines & Krieger (Las Vegas, NV) and an explanatory blog post by Michael Anderson, Esq. on Arizona Bankruptcy Lawyer Blog.  Also this post on bill collectors by Chuck Newton, Esq.’s blog StayViolation in Texas.

    Click here for a state-by-state list of bankruptcy lawyers with blogs.

    Click here for previous BAPCPA Man cartoons or here for all cartoons on the site relating to consumer bankruptcy.

    (To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.)


    Dino Pets by Gideon Kendall

    Before we publish the next BAPCPA Man cartoon strip, we thought those of you with children, godchildren, nephews, nieces,  and/or paleontologists in your life might like to know about Dino Pets, the wonderfully illustrated children’s book written by Lynn Plourde and illustrated by Bankruptcy Bill’s very own Gideon Kendall.

    Dino Pets can be purchased at bookstores as well as via Amazon.com and at www.gideonkendall.com.

    DinoCvr500px

    (To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.)

    BAPCPA Man #1 – Automatic Stay


    BMAutoStay-1

    For a more in depth explanation of the automatic stay, take a look at the Wikipedia entry as well as a brief explanation by Haines & Krieger (Las Vegas, NV) and an explanatory blog post by Michael Anderson, Esq. on Arizona Bankruptcy Lawyer Blog.

    Click here for previous BAPCPA Man cartoons or here for all cartoons on the site relating to consumer bankruptcy.

    (To see more of Gideon Kendall’s work go to www.gideonkendall.com and gideonkendall.squarespace.com/journal.)

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