Prof.Alex @profalex.bsky.social · 14/10/2026Bankruptcy filings have risen consistently for all Chapters: Business, Personal, and Farmers. #bankruptcyblog 073
Prof.Alex @profalex.bsky.social · 14/10/2026It's been 1.5 years since I said we would revisit 2008. Well, every day, those predictions seem to become more and more true. 010
Prof.Alex @profalex.bsky.social · 14/10/2026Those charts should be reversed, but they aren't, and won't be for a very long time, if ever.... 030
Prof.Alex @profalex.bsky.social · 14/10/2026So AI which is propping up the stock market and the economy, however not profitable as of yet, now Microsoft will limit usage? I see a lot of angles to this🤔 020
Prof.Alex @profalex.bsky.social · 13/10/2026Here's the follow up video on why I lost 60 points on my credit score 🤔 100
Prof.Alex @profalex.bsky.social · 13/10/2026Interest rates are up. I'm seeing condos drop $60-70k this year alone!!! #bankruptcyblog Source: Bloomberg 000
Prof.Alex @profalex.bsky.social · 13/10/2026Poof! 60 Points gone from my credit score. The credit score system wasn't designed to protect you. It's designed to protect creditors! #bankruptcyblog 020
Prof.Alex @profalex.bsky.social · 13/10/2026Commercial mortgage office delinquencies have reached 12.2%, worse than in 2008 and the Great Recession. This is the 2nd-highest level in history. The worst? January at 12.3%. Source: Trepp. #bankruptcyblog 023
Prof.Alex @profalex.bsky.social · 09/10/2026It can't be 2 things at once! Debt is at an all time high and the economy is hanging by an AI thread. 000
Prof.Alex @profalex.bsky.social · 09/10/2026My position has been that banks learned their lessons from 2008. During Covid, we saw flexibility in payments, exactly what wasn't done in 2008. So I agree, but it doesn't change the fact that housing is unaffordable as well as everything else. 000
Prof.Alex @profalex.bsky.social · 07/10/2026Interesting angle on AI data centers, the safety issues. 010
Prof.Alex @profalex.bsky.social · 07/10/2026AI Data Centers = NIMBY. The Big Beautiful Bill decimated the solar industry so what happens when we don't have enough power? 000
Prof.Alex @profalex.bsky.social · 07/10/2026I'm working today on the bankruptcy courts in Puerto Rico. Look at the hours the courthouse is open + 1 hour for lunch!!! Imagine getting home early enough to relax, instead of rushing dinner, homework, etc... 9-5 was always a bad deal, especially with travel time; it's usually 8 am - 6 p.m. 010
Prof.Alex @profalex.bsky.social · 06/10/2026Band-Aids are great for a "boo boo," but it's not the way to run the economy. 011
Prof.Alex @profalex.bsky.social · 06/10/2026Completed foreclosures have increased by 42% compared to last year, w/ foreclosure notices up 13%. Source: ATTOM. 021
Prof.Alex @profalex.bsky.social · 06/10/2026The Washington Post article states that there isn't enough power generated to handle the AI data centers over the next couple of years. Now you see the importance of the Big Beautiful Bill that all but decimated the solar panel industry. 000
Prof.Alex @profalex.bsky.social · 05/10/2026I think I now understand the AI Economy and why Congress is doing nothing. #recession 000
Prof.Alex @profalex.bsky.social · 05/10/2026If tourism cities and states are leading in foreclosures bc tourism dried up, how does taxing Canadians with homes in Florida make up for hundreds of millions of dollars lost? It's simple: they sell and buy elsewhere. #Canada #floridarealestate #bankruptcyblog 000
Prof.Alex @profalex.bsky.social · 05/10/2026I agree, as well as propping up the stock market. Hence the danger if there is an AI bust! 000
Prof.Alex @profalex.bsky.social · 05/10/2026I agree, as well as propping up the stock market. Hence the danger if there is an AI bust! 131
Prof.Alex @profalex.bsky.social · 02/10/2026For paralegal and legal studies students using my textbook, remember besides reviewing each chapter on my YouTube channel, I also have written articles on bankruptcy.blog. Here's today article on billing and CYA! See article in comments section. 120
Prof.Alex @profalex.bsky.social · 02/10/2026We tend to think of fuel prices and inflation with necessities such as groceries, but everything is connected. Even if date night is at home, that means a business loss revenue. Employees earn less, maybe even laid off. It spreads through the entire economy. 001
Prof.Alex @profalex.bsky.social · 02/10/2026Congress is already late to the AI game by not taxing it, and the loss of tax revenue from replacing people will be devastating. But it's an issue; as I've said before, the entire Tax Revenue Code has to be updated. 100
Prof.Alex @profalex.bsky.social · 01/10/20263 weeks ago I traded my F250 for a Nissan Frontier. My tool box doesn't fit under the seat, so in a rush I left my tool box in the living room. 3 weeks later my cats knock each other off the box. I gave up. Put a rug on the box and wait them out. 020
Prof.Alex @profalex.bsky.social · 30/09/2026Don't be intimidated by the courts, constables, or creditors!!! 010
Prof.Alex @profalex.bsky.social · 30/09/2026Exemptions, in part, determine whether you are filing Chapter 7 or 13 bankruptcy. In today's article, I review the exemptions for Pennsylvania, which are minimal, which means you will likely have to choose the federal exemptions. Full article below in the comments! #Pennsylvania #bankruptcyblog 100
Prof.Alex @profalex.bsky.social · 30/09/2026If you look at tourism cities/states, there's an increase in bankruptcy/foreclosures. For example, Las Vegas, Florida, and South Carolina. More than a year ago, I said this would result in billions being siphoned out of the economy, plus international students going elsewhere. #bankruptcyblog 022
Prof.Alex @profalex.bsky.social · 30/09/2026It's a little more effort, but humane. I found one that had fallen asleep in the bird feeder. I'm sure he got knocked out from eating so much. 031
Prof.Alex @profalex.bsky.social · 29/09/2026I've always had awesome pets. Unfortunately, they are no longer with us, but their awesomeness remains forever etched in our hearts and minds. 010
Prof.Alex @profalex.bsky.social · 29/09/2026This is why people hate applying for jobs. For this job, you have to be a lawyer and have experience teaching. 200
Prof.Alex @profalex.bsky.social · 29/09/2026With the Pentagon hack, it's time to protect your identity. 011
Prof.Alex @profalex.bsky.social · 29/09/2026It doesn't matter which district I'm researching; bankruptcy filings have increased every single year. Since filing for bankruptcy is the last resort, it is a lagging indicator, which means the numbers will continue to rise. These are the statistics for the Harrisburg/Wilkes-Barre Division in PA. 012
Prof.Alex @profalex.bsky.social · 29/09/2026With DOGE, there is a whistleblower complaint that our data was uploaded to a cloud that was hacked. Now we have the Pentagon hack. So please- FREEZE YOUR CREDIT! Regularly monitor your credit cards for fraudulent charges as well! 010
Prof.Alex @profalex.bsky.social · 29/09/2026It only took me 7 months to frame my tickets to the Coca-Cola Museum and National Center Civil Rights Museum in Atlanta. In 7 more months I'll straighten the tickets. But if you have the chance, visit both! #cocacola #civilrights #atlanta 030
Prof.Alex @profalex.bsky.social · 28/09/2026Don't accept "no" from the credit card company!!! It's their common tactic when it comes to fraud or unauthorized charges. #CreditCardDebt #bankruptcyblog 020
Prof.Alex @profalex.bsky.social · 28/09/2026The Means Test is step 1 when determining if you qualify for Chapter 7 bankruptcy. The Means Test focuses on the median income in your state. Today's article reviews the Means Test for the state of Pennsylvania. See the full article below. #Pennsylvania #bankruptcyblog 120
Prof.Alex @profalex.bsky.social · 28/09/2026The U.S. Debt Crisis costs us all with higher interest rates making cars and homes more expensive to buy. 031
Prof.Alex @profalex.bsky.social · 28/09/2026This isn't sustainable and the issue of utility bills is being ignored at the state and federal level! 130
Prof.Alex @profalex.bsky.social · 28/09/2026I've said this repeatedly. The economic definition of a recession is irrelevant bc households are having a personal recession. 130
Prof.Alex @profalex.bsky.social · 27/09/2026I know it's public record, but I don't understand the logic of posting the names of everyone in the community who filed for bankruptcy. 010
Prof.Alex @profalex.bsky.social · 26/09/2026Did some work on the house and the weather is finally cool enough that I can enjoy the firepit and a cigar. Have a great Friday!! 010
Prof.Alex @profalex.bsky.social · 25/09/2026An out-of-state teaching position caught my eye, so I'm going to apply, but I also know I will get the gig b/c my cover letter is awesome! You know, the resume serves no particular purpose. 120
Prof.Alex @profalex.bsky.social · 25/09/2026There are good trends and then there are bad ones. This is a bad one. #bankruptcyblog 010
Prof.Alex @profalex.bsky.social · 25/09/2026It doesn't matter what district I'm working on, the numbers have climbed each year. 000
