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

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5 truths about car maintenance and repair

Think you have auto upkeep all figured out? These axioms for cars today will surprise you.

What to do when an ATM makes a money mistake

ATMs don't often make errors. When they do, here is what to do to protect yourself.

Before buying home, buy time to fix credit?

So your credit's not great. Don't assume you should sit on the housing market's sidelines.

Renters beware: What's that smell?

Don't be afraid to ask the landlord questions before renting an apartment.

Wanna travel to outer space? It'll cost you

Space travel prices may be out of this world, but for some it's worth the astronomical cost.

5 steps to cutting a big car repair bill

Major car repair work can cost hundreds of dollars. Taking these steps may save you cash.

Need cash quick? Avoid these 6 traps

Looking for fast money? Dodge financial ruin by reading this. You must act now!

An Idea to Limit Body Attachments

As many Credit Slips readers will know, so-called "body attachments" allow a creditor to haul a judgment debtor into state court if the debtor fails to respond to court summonses to answer questions about the debtor's financial affairs. It is a

Bankruptcy Leaders Call for Chapter 11 Overhaul

Getty Images In the era of the iPhone, businesses that are struggling to survive turn to a bankruptcy process that was invented during the time of typewriters. The 34-year-old Bankruptcy Code, which has endured with only minimal and largely consumer

Court orders Livan Hernandez’s wages with Atlanta Braves garnished.

Court orders Livan Hernandez’s wages with Atlanta Braves garnished By Nathan Fenno A Miami-Dade Circuit Court judge issued an order Monday to garnish ex-Washington Nationals pitcher Livan Hernandez’s wages with the Atlanta Braves. Hernandez owes

Tips for Tax and School Time!

As summer comes to an end, it is time to prepare you and your kids for back to school! Believe or not, some kids have already gone back to school. While we are busy not thinking about taxes, perhaps we should be. Here are a few back to school tips

Continued Deceptive Marketing Shows Need for Cop on the Beat

Particularly vexing is one bank's requirement that cardholders sign up for a payment protection service before receiving materials describing it. Hawaii deserves praise for protecting residents from these questionable practices.

Security Firm Files for Bankruptcy

AFP/Getty Images A company whose security guards patrol the White House filed for bankruptcy with an emergency request to transfer a series of its government contracts to a competitor, a move to ensure that President Barack Obama’s home and other

Call for Papers - AALS 2013

The Creditors' and Debtors' Rights section of the Association of American Law Schools invites paper proposals for the January 2013 conference program. The program theme is "The Great Deleveraging: Bankruptcy after the Crisis, Formal and Informal."

Start Fresh Today to Launch New Website in May 2012

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Snipping the Cords on a Creative Golden Parachute—Section 502(b)(7) Limits Executives’ Protections when the Company Lands in Bankruptcy

Unless you’re a skydiving enthusiast, just the metaphor of a “golden parachute” should cause a bit of trepidation. After all, the failure of a parachute to work when it’s needed causes certain doom. And when a golden parachute may be needed most—when

Credit Card Debt Reaching New Heights, Fueled By Enticing Offers

In the wake of the record $1 Trillion student loan debt milestone and the ever-increasing credit card debt in the US, many debtors are looking for answers. In an economic environment that has seen a glimmer of hope as of late with optimistic job

WSJ: To Pay Off Loans, Grads Put Off Marriage, Children

By Sue Shellenbarger Between the ages of 18 and 22, Jodi Romine took out $74,000 in student loans to help finance her business-management degree at Kent State University in Ohio. What seemed like a good investment will delay her career, her marriage

The Daily Docket: Hostess CEO Seeks Pension Fix

Agence France-Presse/Getty Images Hostess Brands Inc.’s chief executive says the contentious battle over union pension plans has become a “gate-keeping issue” in the case that’s threatening the bakery company’s chances of getting the capital it needs

Unemployment and Choosing Your Path

Managing debt while being unemployed is hard, and it is a very serious issue that calls for concern. As hard as it is though, there are ways to manage this situation. There are three available options: declaring bankruptcy, debt settlement, and