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Forghany Law P.C.

September 2013 Archives

College coach completes Chapter 7 after creditors call foul

Football season is here. As sports fans in Massachusetts are cheering the Patriots to move the ball past the goal line, a national football figure recently completed one of his personal goals after a difficult year. John L. Smith, former college football coach for the Razorbacks, just had his Chapter 7 bankruptcy case discharged from federal court.

More homeowners paying down mortgage debt

By itself, debt isn't necessarily a bad thing. Many Massachusetts residents probably don't have the cash on hand to purchase something like a house or car, so they take out a loan and follow a budget in order to make monthly payments. These transactions help the economy grow and individuals build assets.

Forghany Law P.C.
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