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Insolvency Service “reframes” view of creditor – IPs can apply their discretion (UK)

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Southern District of New York Says Environmental Injunctions are Not Claims Subject to Discharge in Bankruptcy

District Judge Shira A. Scheindlin, of the Southern District of New York, has affirmed a decision of the bankruptcy court finding that the government’s right to an injunction compelling a chapter 11 debtor to conduct an environmental cleanup is not a

6 min read

Guest Article: Second and Vacation Homes: Coldwell Banker Survey Says One Home is Never Enough With Baby Boomers — And It’s Way Cheaper than a Divorce!

There has been a lot of chatter out that the Baby Boomers might be the last generation to embrace home ownership. Well, a new study now says what I have long suspected: with Baby Boomers, one is never enough. The Millenials and offspring of the Baby

6 min read

How Does An Illinois Bankruptcy Attorney Decipher The Debtor’s Budget?

Link When we ask the client for information concerning their income and their expenses it’s for a specific purpose. The bankruptcy petition and schedules require us to list in Schedules I and Schedules J the amount of money that the individual is

6 min read

The Daily Docket: Washington Mutual Appeals Bankruptcy Decision

Washington Mutual Inc., still reeling from a bankruptcy judge’s second rejection of its $7 billion creditor-payment plan, is appealing a ruling that paves the way for its shareholders to pursue insider-trading claims against prominent distressed-debt

6 min read

10 outrageous travel fees

Don't let companies drive off with your wallet. Skip these fees and stretch your vacation dollars.

6 min read

Last-minute Roth conversion and recharacterization rules

In a Roth conversion, only the values in IRA accounts are considered in determining taxable income.

6 min read