Attorney Melchionne Speaks at NACBA Convention

NACBA SF

Attorney Melchionne was a featured speaker at the National Association of Consumer Bankruptcy Attorneys in San Francisco on May 20 - 22, 2016. During the Convention in, Attorney Melchionne met with colleagues from around the country to share ideas and new developments in Bankruptcy Law, Foreclosure Defense, Credit and Student Loan forgiveness. In his role on the Board of Directors for NACBa, he also helped plan the three days of seminars and spoke at several of the sessions.

Bankruptcy Filers Beware: Con-Artists Posing As Attorneys

Telephone-Scam Soliciting Wire Transfers Prompts NACBA and Vermont Attorney General to Issue Consumer Warning

Across the country, consumers are falling prey to a new scam targeting people who have filed for bankruptcy and others just getting started with the process. Bankruptcy attorneys are joining forces with public officials to sound the alarm bell to unsuspecting consumers.

The con artists are using software that 'spoofs' the Caller ID system so that the call appears to be originating from the phone line of the consumer’s bankruptcy attorney. Victims of the scam are being instructed to immediately wire money to satisfy a debt that supposedly is outside the bankruptcy proceeding. Some consumers have been threatened with arrest if they fail to wire money to pay the debt.

In some instances, the perpetrators are using personal information from public filings to identify consumers, assume the identity of their attorneys and sound more convincing by phone. These calls are typically placed during nonbusiness hours, making it difficult for clients to verify the call by getting in touch with their attorney to ask about it.

The
National Association of Consumer Bankruptcy Attorneys (NACBA) and its individual members want consumers to know that under no circumstance would a bankruptcy attorney or staff member telephone a client and ask for a wire transfer immediately to satisfy a debt. Nor would the bankruptcy attorney and staff ever threaten arrest if a debt isn’t paid. The United States Court System has posted a bulletin and warnings have been posted in the states of Virginia and Vermont as well.

Consumers should be advised that legitimate debt collectors and agencies cannot threaten arrest in order to satisfy. If you or a family member receive this kind of call, the best thing to do is to hang up and contact your bankruptcy attorney as soon as possible. Do NOT give out any personal or financial account information to the caller.

My office will never call after hours and you should always verify any such instruction by emailing me directly if you should receive such a call.

Gene Melchionne Interviews Gerri Detweiler on Podcast

IF you aren’t listening to the Money Go Roundtable Podcast, you should. Recently, Gene Melchionne interviewed Gerri Detweiler of Talk Credit Radio and Credit.com about credit reports. IF you want to know about credit reporting, credit scores and what it all means, take a listen to this podcast episode.

Law School Grads Looking At Bankruptcy

This week, the Connecticut Law Tribune published an article on student loans, law schools and the current economy. It is no mystery that recent graduates from colleges are having a hard time finding a job. Compound that with the expense of attending graduate school for an advanced degree and then pile the time and money spent on something like law school. It is no small wonder that law school graduates are both having a hard time finding a job AND paying their student loans. The result? Yound lawyers looking at filing bankruptcy.

The author of the article turned to well-known
Student Loan Lawyer, Josh Cohen, and Attorney Melchionne for an insight on both the scope of the problem and the remedy. The sad end to this story is the same for most young people struggling with student loans; there is no escape in bankruptcy for any student loan. For more, see the story here.

Attorney Melchionne to speak to Minnesota Bankruptcy Bar

Technology is a big part of what I do. Any use of technology that makes me more efficient gives me more power to help my clients. Now I get a chance to pass that information along to others who do similar work in Minnesota.

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Attorney Melchionne Goes to Washington

This week, Gene Melchionne met with Connecticut’s Federal representatives in Washington DC. There are bills pending in Congress; Senate Bill 114 and House Bill 532 that propose to return the Bankruptcy Code to the reasonable state that it had prior to 2005. It would allow the discharge of non-federally guaranteed student loans. With over 1 Trillion Dollars outstanding in student loans and over 11% in default, this would make a small step to allow burdened students to become productive members of the economy. Listen to the Podcast on the subject.