BAPCPA Man #3 – Enter Subprimulus
Mandatory Credit Counseling
- Here’s Bankruptcy Bill’s take on the mandatory credit counseling requirement.
- For a more detailed explanation of “mandatory credit counseling“ take a look at the Federal Trade Commission’s page.
- For a good perspective on mandatory credit counseling there’s also a Washington Post article from 2005 titled “Mandatory Counseling, A Good Idea (In Theory).”
- For an explanation that helps clarify some of the confusion, try reading “The Many Meanings of ‘Credit Counseling‘” by bankruptcy law firm Haines & Krieger (Las Vegas, NV).
- And for commentary on the actual value of mandatory pre-bankruptcy credit counseling read a 2006 post, “Credit Counseling Requirement of Bankruptcy Code Generally Viewed as a Waste of Time”, on theBKBlog by Jonathan Ginsberg, Esq. (Atlanta, GA).
Subprime Mortgages
- Here’s the Investopedia entry on subprime mortgages.
- Craig Robins, Esq. has an easy-to-follow explanation of subprime mortgages and the subprime mortgage crisis on his LongIslandBankruptcyBlog (“The Sub-Prime Mortgage Meltdown“).
- And here’s a post on shape-shifting subprime lenders and loan modification companies titled “Subprime Loan Modification Companies“ from NYBankruptcyNet by Bruce Weiner, Esq. of Rosenberg Musso & Weiner (Brooklyn, NY).
*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.
August 11th, 2009 at 2:43 pm
[...] Lawyer, Subprime mortgage With permission from Bankruptcy Bill himself, here’s BAPCPA Man #3 where BAPCPA Man meets the ominous-looking villain [...]
August 12th, 2009 at 2:02 pm
[...] BAPCPA Man #3 – Enter Subprimulus resulted in increased media exposure, as indicated below. BAPCPA Man’s secret identity, meanwhile, remains a mystery…. [...]