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

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Annual Meetings Face Protests from the "99 Percent"

The Occupy Wall Street Movement has turned its focus on annual meetings, which one media outlet is calling "a rare public forum in U.S. business." News reports indicate that a coalition of unions and other organizations calling itself the "99% Power"

Massachusetts Bankruptcy and Student Loans

As a Massachusetts bankruptcy attorney, I have reported on student loans on numerous occasions in our bostonbankruptcylawyerblog.com. Mostly, we have reported that student loans, because they are subsidized by the federal government, have been carved

Joliet Bankruptcy Attorney On Bankruptcy And Your Credit Rating

Link A common concern that I hear as a Joliet bankruptcy attorney is how filing under Chapter 13 affect a person’s credit rating. Filing under Chapter 13 Bankruptcy is a bankruptcy case. Much like a Chapter 7, Chapter 13 is bankruptcy, just under a

Fix Mistakes on Medical Bills

Do you know that even a small error in the spelling of your name, your address or a couple inverted numbers can affect how, or if, your insurance company pays your medical bills. We can’t stress strongly enough how important it is to check each of

Aurora Bankruptcy Attorney On Stopping A Consolidation Program

Link As an Aurora bankruptcy attorney, I am often asked, if I’m currently in a debt-consolidation program, am I able to stop that program and file Chapter 13? You definitely have the ability to stop any kind of debt repayment plan or bill

The Daily Docket: CRO Says AMR Must Cut Labor Costs

American Airlines parent AMR Corp.’s chief restructuring officer on Tuesday said the company won’t be able to successfully restructure without drastically cutting its labor costs. Read the Daily Bankruptcy Review article here. (Daily Bankruptcy

Waukegan Bankruptcy Attorney Describes How Chapter 13 Stops Collection Proceedings

Link As stated by Waukegan Bankruptcy Attorney, David Siegel, Chapter 13 will stop collection proceedings. Once a Chapter 13 Bankruptcy case is filed, there is the creation of the automatic stay. The automatic stay is basically a stop sign or a

Dodd-Frank's 'Qualified Mortgage' Was Intended to Be Broad

The history is clear: the CFPB was given flexibility to change the 'qualified mortgage' definition in order to ensure that it does not limit the availability of responsible and affordable mortgages.

Credit Card Debt Lasts Longer In Oregon

Oregonians have a newly founded disadvantage in recovering from their credit card debt. Instead of applying the 3-year statute of limitations for collecting on credit card debt from creditors based in states with a 3-year statute of limitations, the

Bankruptcy Mastery Will Provide Live Coverage Of NACBA San Antonio Convention

I hate taking notes during conventions. I know I should, but I don’t do it – ever. As a consequence, I forget a good chunk of what I’ve learned. I also get that some people won’t be in San Antonio for the NACBA convention April 27 – 29. So I’ve

Zoo: Australian Outback and More

Clearly one of Asia's finest, a domestic Bactrian camel. When I first conceived of this blog about a year ago, I envisioned cruising around the zoo and Safari Park and returning home to update readers about new comings and goings. I’ve done a bit of

Judge Rakoff denies Madoff Trustee's request for new Judge

Per Bloomberg, District Judge Rakoff has decided against transferring Madoff-related cases removed to his court from Bankruptcy Judge Lifland's court to District Judge Preska's court. A former federal prosecutor is quoted as saying Judge Rakoff's

Bankruptcy Means Test - Which Chapter is for You?

What are the qualifications for an individual/couple to file for Bankruptcy? The answer to this question is simple -- there are no qualifications for filing Bankruptcy. Everyone has the right to file a petition for relief under the Bankruptcy Code

Death Penalty Sanctions Applied in Case of Double-Dealing Attorneys

In a disturbing 52-page opinion, Judge Stacey Jernigan has administered “death penalty” sanctions against The Cadle Company based on double-dealing and non-disclosures by Cadle’s long-time attorneys who also represented the trustee. The Cadle Company

How should I safely diversify to beat inflation?

A conservative investor has options besides insured deposits if rising prices are a concern.

Made a mistake? Form 1040X to the rescue

Just discovered you fouled up your tax return? Here's your second chance to get it right.

Will ID theft insurance shield you from fraud?

Identity theft affects millions each year. Is insuring against it a sound decision?

Sell your home online, where the buyers search

Make sure buyers notice your house when they look online by following these tips.

Freebies are more rare in the land of the fee

Something for nothing? Not anymore, thanks to fees on formerly free stuff like pizza deliveries.

Good Thing Wal-Mart Didn't Get a U.S. Bank Charter

Beyond providing governance and ethics lessons about a shocking corporate scandal, this Wal-Mart story illustrates why combining commerce and banking is such a bad idea.