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ABI Blog Exchange

The United States Court of Appeals for the Second Circuit recently affirmed the 2020 Kirschner v. JP Morgan Chase Bank, N.A. ruling that a secured $1.775 billion syndicated term loan to Millennium Laboratories LLC (Millennium) was not a security.
BK fee bonanza winners
By: Harry Greenfield  September 8, 2023 When examining asset protection, there should be a discussion about preferences. In Ohio, there is a preference statute that defines preferences as those that …
What are the consequences of a secured lender’s failure to comply with R. 3002.1 in a prior case when the debtor files again? Significant, it seems. The issue came before the SD Texas bankruptcy court in Alvarez, No. 22-33889 (Bankr. S.D. Tex.
Disclaimer. The contents of this article should not be construed as legal advice or a legal opinion on any specific facts or circumstances.
Do You Need to Finance a Car in Chapter 13?
Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to replace a broken down junker.
 Credit card and Car loan defaults hit 10-year high as inflation squeezes Families
3M settles! Bellweather BK tort case settled in MDL
Are homeowners’ association (HOA) fees and assessments dischargeable in bankruptcy?
Posted by Kathy Bazoian Phelps