Chapter 7 and Mortgage Reaffirmation Agreements

Filing for Chapter 7 bankruptcy protection allows a debtor to eliminate their debt (some debts are non-dischargeable) to creditors. As part of the Chapter 7 process, the debtor can reaffirm on certain debts remaining responsible going forward. These debts generally include vehicle loans and mortgages. The debtor would generally opt to complete this paperwork to […]


The question of co-signers comes up regularly from individuals I meet with. It is not uncommon to hear, “I’m not primary on a debt” or “I’m secondary”. Unfortunately, those labels have little to do with whether you owe the debt. There is another common misconception that you only owe half of the total debt. If […]

Public loan Income Based Repayment Plan

Student loans remain one of the few debts that are extremely difficult to get rid of in bankruptcy. Now it’s possible the government may be changing the parameters of one of the better options out there for individuals with high federal student loan debt. This could effect you if it goes into effect so it’s […]

Student loans and bankruptcy

Student loans are notoriously difficult to eliminate in bankruptcy under the current standards. While there are options for federal student loans, many private student loan lenders offer few options for those in need. Some congressional leaders have put forth a bill to allow student loans to be discharged in bankruptcy. Link to proposed bill: […]

Other Options – Mortgage Foreclosure

People facing foreclosure oftentimes reach out to our office too late in the process to avoid needing to file bankruptcy. That doesn’t mean that there aren’t other options out there. Many mortgage companies and servicers offer loan modification to people who have fallen behind on payments. There are also outside organization such as Step Forward […]

WZZM Appearance: Bankruptcy Discussed

Attorneys Jeremy Shephard and Rebecca Johnson-Ellis recently went to WZZM to discuss options under the Bankruptcy Code. Click on video below to watch: At the law offices of Andersen, Ellis & Shephard, we have represented thousands of individuals in consumer bankruptcy filings.

Bankruptcy and Tax Time

Attorneys Rebecca Johnson-Ellis and Jeremy Shephard sat down with EightWest to discuss tax time and options under the Bankruptcy Code. Check out the link below to learn more:   At the law offices of Andersen, Ellis & Shephard, we have represented thousands of individuals in consumer bankruptcy filings.

Why is bankruptcy taboo?

I have a belief that creditors perpetuate the stigma that bankruptcy makes you a bad person because of their own self-interests. Does it make you a bad person if you want to protect your house? To protect your income so you can put food on your kid’s table? I think most everyone believes putting a […]

Should I use my 401K to pay down my debts?

One of the biggest mistakes I see from debtors that meet with me is that they have liquidated their retirement accounts to pay down their debts. For those people that end up in my office that have liquidated their retirement and still need to file bankruptcy, it is difficult to pass along that they could […]

Tax Refunds

I’ve filed hundreds of bankruptcies and I encounter a common issue in my practice; especially, this time of the year. Debtors (what they call people who owe money) oftentimes will pay relatives back before other debts such as medical bills and credit cards. This makes sense because you want to square up with the people […]