The American Board of Certification announced that Michael J. Wambolt, attorney with the The Sader Law Firm, in Kansas City, Missouri has successfully completed the requirements for national certification in Consumer Bankruptcy Law. To become certified, Mr. Wambolt, satisfied the following requirements: Full time practice of law for at least five years; Good standing in the bars of all states in where a license to practice law is held; Devoted at least 30% of practice time and at least 400 hours to bankruptcy related matters in the last three years; Documented involvement in consumer bankruptcy by providing information on cases practiced; Demonstrated commitment to continuing legal education by earning at least 60 hours of bankruptcy education in the past three years. Passed an extensive, day-long written examination covering consumer bankruptcy issues. The American Board of Certification (ABC) is a non-profit organization dedicated to serving the public and improving the quality…
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Many people are expecting smaller tax refunds this year due to the recent overhaul of federal tax laws. In some cases, filers who are used to receiving a refund are discovering they owe money this year. For those of you who are going to receive a sizable refund this year, we encourage you to stick around and read our blog. If you do manage to receive a tax refund without difficulty this year, then you could use the extra funds to bolster your finances. Depending on your situation, even a few hundred dollars can go a long way. If you want to be more financially responsible this year, then use your tax refund wisely. How You Could Spend Your Tax Refund This Year Add to an emergency fund. Hopefully, you already have an emergency fund. If you do not, this year is a perfect time to start one. Without adequate…
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If you have been reading our blog long enough, then you know that bankruptcy is not about counting your losses but protecting your assets and redistributing your earnings to do the most good for your financial future. You might also be aware that business bankruptcies –and what makes us feel so good about them—are also known as financial restructuring. Restructuring is what makes bankruptcies so helpful. But did you know that the miracle wrought by restructuring is a big enough deal in the corporate world that some of the most prestigious business schools in America have an annual restructuring competition? The American Bankruptcy Institute (ABI) recently hosted its 15th Annual Corporate Restructuring Competition. Each year, the event allows business school students to participate in a crisis management exercise. Seven prestigious business schools participated this year. Schools that participated this year include the University of Chicago Booth School of Business, Columbia…
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