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

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Weekly News – October 25

Spirit trying to take off, Dish creditors playing hard to get, auto sector distress, LME trends, Altice Game of Thrones (continued), and much, much more… Creditor Corner for the week ended October 25, 2024 Your weekly curated content from the

On Appeal: Deference To A Bankruptcy Court’s “Credibility” Finding (In re Wagner)

By: Donald L Swanson The opinion out of the U.S. Eleventh Circuit Court of Appeals is OHI Asset (VA) Martinsville SNF, LLC v. Wagner (In re Wagner), Case No. 22-13642 (decided September 11, 2024). The ultimate issue in Wagner is this: Should an

Mandatory Mediation: Five Illustrations of How It’s a Great Idea

By Donald L. Swanson “Mandatory mediation” is a self-explanatory term. It means this: –A court (or a mediator with authority from the court) orders disputing parties to participate in a mediation process. There seems to be a reticence in the

Weekly News – October 18

Advisor Rankings are in! TGIF hits the skids, Drahi Game of Thrones, True Value and Intrum hit the skids, Clearlake under scrutiny, new piece on Bankruptcy Directors and much, much more… Creditor Corner for the week ended October 18, 2024 Your weekly

What Is A Subchapter V Trustee Supposed To Be Doing After A Non-Consensual Plan Confirmation? (In re DynoTec; In re Florist; & In re JBL Hose)

By: Donald L Swanson Here’s a Subchapter V dilemma: I’m Trustee in a Subchapter V case, in which Debtor’s plan is confirmed non-consensually ( i.e., under § 1191(b)), with plan payments being made by Debtor to creditors; the fact of my presence in

How Do You Write a Hardship Letter to Stop Foreclosure?

When written properly and containing the appropriate information, hardship letters can stop or pause foreclosure. To write a hardship letter on your behalf to stop foreclosure, our lawyers must identify the specific reason why you defaulted on your

H.R. 9154: A Bill To Increase Chapter 7 Trustee Compensation — It’s About Time!

By Donald L. Swanson H.R. 9154 is an important-and-new bill in the U.S. Congress. It was “Introduced” in the U.S. House of Representatives on July 25, 2024, and promptly “Referred to the House Committee on the Judiciary.” H.R. 9154 is titled,

Weekly News – October 11

Moody’s and twitter-sphere take on PE driven defaults, Boeing in the cross-hairs, latest LME technology — the super holdco, Milbank in the hot seat, explosive text chain revealed, and much, much more… Creditor Corner for the week ended October 11

Many small businesses teeter as costs stay high while sales drop

USAToday has an article on why so many businesses are closing or filing for Bankruptcy. At Shenwick & Associates we seeing an increase in small businesses either closing or filing for Bankruptcy. https://www.usatoday.com/story/money/2024/09/29/small

A Primer On Spendthrift Trusts (Snow v. Fonfa)

By: Donald L Swanson “ A restriction on the transfer of a beneficial interest of the debtor in a trust that is enforceable under applicable nonbankruptcy law is enforceable in a case under this title.” 11 U.S.C. § 541(c)(2). That is the Bankruptcy

Can A Creditor With A Debt Claim Convertible To Equity Be An Involuntary Bankruptcy Petitioner? (In re QDOS)

By: Donald L Swanson Can a creditor’s future right to convert an existing debt claim to equity prevent that creditor from being an involuntary bankruptcy petitioner under § 303(b)? That’s the issue resolved in In re QDOS, Inc., Case No. 8:18-bk-11997

Does Loss Mitigation Stop Foreclosure in New Jersey?

Owning a home is often more difficult than many people realize. Not only are you responsible for upkeep and maintenance, but you must always stay on top of mortgage payments. If you have fallen behind and are afraid that foreclosure is on the horizon

How to Recover From Foreclosure in New Jersey

It is common for homeowners to miss one or two mortgage payments. Sometimes, this is a minor clerical error that can be quickly corrected. Other times, the homeowner is having financial troubles and cannot keep up with their mortgage. The bank may

Book: Liebenthal, Ryann- Unburdened: Student Debt and the Making of an American Crisis

Book: Liebenthal, Ryann- Unburdened: Student Debt and the Making of an American Crisis Ed Boltz Sun, 10/06/2024 - 19:22 Follow the author on Twitter @ryannliebenthal Available for free* to the first person that asks for my copy or for purchase at

Weekly News – October 4

Spirit Airlines hits the skids, FTX set to emerge par plus, Dish bondholders balk, what’s in store for private credit, and much, much more… Creditor Corner for the week ended October 4, 2024 Your weekly curated content from the Creditor Rights

How to Recover from Foreclosure in Pennsylvania

Losing your home is not the only negative consequence of mortgage foreclosure: your credit score might drop by 100 points if the bank takes your case. Credit scores typically take a long time to improve after foreclosure proceedings, which remain on

Better Business Bureau Accredited A+

The Better Business Bureau just renewed my A+ accreditation. I’ve been a member of the BBB for more than twenty years. The Bankruptcy Law Offices of Robert Weed – A+ The post Better Business Bureau Accredited A+ appeared first on Robert Weed

Better Business Bureau Accredited A+

The Better Business Bureau just renewed my A+ accreditation. I’ve been a member of the BBB for more than twenty years. The Bankruptcy Law Offices of Robert Weed – A+ The post Better Business Bureau Accredited A+ appeared first on Robert Weed

Avvo Client Choice Award

10.0Robert Ross Weed 2024 Robert Ross WeedClients’ ChoiceAward The post Avvo Client Choice Award appeared first on Robert Weed Bankruptcy Attorney.

Avvo Client Choice Award

10.0Robert Ross Weed 2024 Robert Ross WeedClients’ ChoiceAward The post Avvo Client Choice Award appeared first on Robert Weed Bankruptcy Attorney.