Article Exchange

Eastern District: Business Debtors in Chapter 7 Must Tighten Their Belts, Too

In re Rahim, Bankr. E.D. Mich., Dec. 16, 2010 (Case No. 10-57577-R, Hon. Steven Rhodes).

Bank of America Modification/Foreclosure Scam Gets It Sued in Arizona. Same Abuses Happening in MD, VA and DC.

Last Friday, the attorney generals of Arizona and Nevada filed suit against Bank of America alleging state consumer fraud viol

What is “Lien Stripping” and Can I Use it to Reduce my Mortgage Payments

Where Are All The Real Estate Bankruptcies? Here Are Some Possible Answers.

As many business bankruptcy lawyers understand, there has not been a groundswell of real estate and single asset bankruptcy cases, as predicted during the beginning of the current economic downturn.  The latest edition of the

Supreme Court Grapples With the Meaning of the Means Test

The first case argued before the Supreme Court this term was No. 09-907, Ransom v. FIA Card Services, N.A.

Small Businesses and the Self-Employed: Five Tips to Avoid An IRS Tax Audit

The Internal Revenue Service reported this week that IRS audits are up 11% for this year. Frankly, it's not real surprising.