No Mortgage Cramdown Help from Congress for Las Vegas Homeowners

Suspense Accounts

After some renewed excitement that the “mortgage cramdown” might be permitted by Congress, the House rejected the proposed amendment. Thanks Congress-folks.  Merry Christmas to you, too. And so the foreclosure crisis continues to stifle the U.S. economy and kick laid-off Americans while they’re down.  Particularly Las Vegas residents, who by now are no doubt tired […]

Discuss Educational Savings Accounts With Your Vegas Attorney Prior to Bankruptcy

Suspense Accounts

The case of In re Bourguignon, Ch. 7 Case No. 09-00766-TLM (Bankr. D. Idaho Sep. 23, 2009) provides yet another unfortunate example of the importance of obtaining sound advice before filing a bankruptcy case. On March 10, 2009, Christian and Tarra Bourguignon opened a 529 college savings plan for their daughter. The couple contributed $14,500 […]