Did you know that the largest credit reporting firms have voluntarily agreed to stop reporting past due medical debt on credit reports under certain circumstances? Read more bit.ly/3JIx5hF. #medicaldebt #healthcarecost #personalfinance #financialliteracy

NACTT recently brought together esteemed bankruptcy experts discuss AI & Access to Justice w our Bankruptcy Roundtable. Amrane Cohen Chapter 13 Trustee Central District CA shared “AI isn’t different from the bad stuff we get from pro se filers.  We go through & correct it.”

During the NACTT’s 2nd Bankruptcy Roundtable Prof Ingrid M Hillinger from Boston College Law School stated “Students need to learn how to think like a lawyer before they use the AI programs.” Thank you Prof Hillinger for your insight in our discussion about AI & Access to Justice

When you co-sign for a loan or lease, you could end up paying. Click the link below for more information on BFine.org. bit.ly/3DRRPzj #personalfinance #financialliteracy #cosigner #loans #financialeducation

Richardo Kilpatrick of Shermeta Kilpatrick & Assoc reminded us during the recent Bankruptcy Roundtable, "You are responsible for providing competent representation to the client." Lawyers have an ethical obligation to understand and properly use the technology in their practice.

The NACTT Bankrupty Roundtable-When given instance where AI made decisions wo interaction w debtor John Rao NCLC stated "I might want to go after the company, the real people who designed the program, & I consider them the petition preparer violating the code.”

NACTT Bankruptcy Roundtable - Many programs being introduced are aimed at serving debtors unfamiliar w bankruptcy & may be filing pro se. “When it comes to using AI in bankruptcy, I’d like to see accountability taken for pro se filers," says Keri Ebeck of Bernstein-Burkley.

During NACTT Bankruptcy Roundtable, Judge Cynthia Norton from Western District of Missouri said, “The use of AI implicates many of the rules of professional conduct.” She led us through some rules that could be impacted including: Rule 1.1 1.6 5.1 5.3 5.5 youtu.be/rDmWR0E5808?si…

Prof Amy Cyphert West Virginia Univ provided an intro to AI our Bankruptcy Roundtable. She pointed out that ““Most large language models were not originally designed to be research tools or to be accurate, but rather to sound like humans.” Video Link lnkd.in/gFvnGdTd

Wednesday's Term of the Day: Default Purchase Rate If you default on your account, your card issuer, may sell your debt to another company or collection agency. If that happens, you could be responsible for a different, and higher rate. #personalfinance #debt #financialliteracy

You ask - "When will I use personal finance?" We answer - "Throughout every stage of life." Visit BFine.org to learn more about personal finance for your entire life. #personalfinance #bankruptcy #financialliteracy

Wednesday's Term of the Day: Prebankruptcy Planning The arrangement (or rearrangement) of a debtor's property to allow the debtor to take maximum advantage of exemptions. (Prebankruptcy planning typically includes converting nonexempt assets into exempt assets.) #bankruptcy

After getting the job comes the really difficult part - completing the payroll tax forms. Pat in HR can't legally can't advise you, so be ready before you start by checking out tips from BFine.org. Info: bit.ly/479nrxZ #newjob #financialliteracy

One of the best things you can give your kids is financial literacy. There is a 100% guarantee that they will use it in the future. Check out BFine.org for information that will help you talk with your kids. #familyfinances #personalfinance ##financialliteracy

All parents want to give their children the best life possible. To obtain financial security you need to start with financial literacy. BFine.org is your online resource for info on personal finance and bankruptcy. #personalfinance #financialliteracy

Bankruptcy judge defeats ethics complaint over knowledge of colleague's relationship tinyurl.com/yv45mwbs@NACTT

When it comes to credit card debt specifically, is Chapter 7 or Chapter 13 bankruptcy the better choice? shorter.me/eBL4e NACTT

I’m crippled by credit-card debt. Should I file for Chapter 13 bankruptcy? tinyurl.com/yx77bv9v @NACTT #bankruptcy #trustee #chapter13 #debt #creditcard

Settlements mount against law firm caught up in bankruptcy judge's secret romance tinyurl.com/mwmmaxe2@NACTT #bankruptcy #trustee

Adversary Proceedings in Bankruptcy: What to Expect and Why They Matter tinyurl.com/y45pf9f4 @NACTT #bankruptcy #trustee