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

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State Legislature to Alabama's Jefferson County: Drop Dead?

Opposing lawyers for Jefferson County, the debtor in the largest Chapter 9 municipal bankruptcy case ever filed, and the holders of its sewer warrants squared off last week in the ongoing fight over control of the County's sewer system and the right

Fannie Fights Innovation, Insists on Foreclosure

The GSE could have approved a short sale that would have let Louise Davidson stay in her home as a renter and eventually have the opportunity to buy it back. True to form, Fannie evicted her instead.

Cut! Film Producer Files for Bankruptcy

Film producer and distributor Media 8 Entertainment, which is known for putting out movies that have fallen just beyond Hollywood’s gaze, has taken an unscripted turn toward bankruptcy. Running low on cash, the company filed for Chapter 11 protection

Chapter 13 Bankruptcy–Need to Send in Your Tax Forms

My name is Lori Rupp and I’m Mr. Weed’s Chapter 13 paralegal. I’ve been a bankruptcy paralegal since 1998 and before I worked for Mr. Weed I even worked for a Chapter 13 Trustee in Michigan for two years. Chapter 13 bankruptcy is more complicated

Make sure fiance's bankruptcy won't affect you

Getting hitched? Here's how to make sure your hubby-to-be's bad credit won't be married to you.

On Tax Day, the Debtor-Taxpayer Wins (But Not Quite)

“This is a question too difficult for a mathematician. It should be asked of a philosopher.” – Albert Einstein, on preparing tax returns In honor of Tax Day, April 17th, we feature In re Strategic Labor, Inc., No. 10-43245-MSH, 2012 WL 707175 (Bankr

Why Courtroom Rules Work In Your Conference Room

“Objection: calls for a legal conclusion.” That’s a perfectly good courtroom objection to a question asked of a witness at trial. The rules of evidence make the court, not the witness, the sole arbiter of the law. What does that have to do with

Warren Sapp’s Bankruptcy Shows Financial Perils of Athletic Stardom

This week, the Washington Post reported that Warren Sapp, a former star defensive lineman for several NFL teams, filed for Chapter 7 bankruptcy in a south Florida bankruptcy court. What’s perhaps most notable about this bankruptcy filing is how

How Big Should a Bank Be?

When do scale economies from growing bigger run out for community banks? And do our largest banks need to do trillions of dollars of business to compete internationally?

The Daily Docket: Hostess Set to Face Off with Union

Hostess Brands Inc. is set to face off against the Teamsters union Tuesday in a labor battle that could spell the end for the maker of Twinkies and Wonder Bread. Read The Daily Bankruptcy Review story here. (Daily Bankruptcy Review and DBR Small Cap

Work Flow and Volume Tough to Manage? Here are some tips

We’re all looking for realistic and meaningful tips on “how” technology will improve our work lives, and our work product. If this is a challenge for you, or for others in your work group or department, then my article in the Law Practice Today

Break Up the Megabanks? We Could Do a Lot Worse

Too-big-to-fail stifles economic growth. Oligopolies and asset concentration strangle competition and suppress innovation, job creation and free markets in financial services, as they once did in oil, steel and telecommunications.

RadLAX

Former guest slipster Ronald Mann has a nice post up at SCOTUSblog about RadLAX Gateway Hotel, LLC v. Amalgamated Bank, the Supreme Court case about credit bidding set for argument on the 23rd. While I've discussed the case here and over at Dealbook

Chapter 7 Bankruptcy and Your Car

Filing a Chapter 7 bankruptcy in Atlanta will help you save your car under limited circumstances, but it is possible. You see, a debtor in Chapter 7 only has three options when it comes to deciding what do to with their personal property covered by a

Remodel home for less with junkyard gems

Home remodeling can cost a lot. Save a bundle of money by using reclaimed materials.

Time's up! It's tax deadline day

No more excuses. Send something to the IRS by the deadline, or face the consequences.

Mental health care without the high bills

Many struggle with mental illness to avoid expensive treatment, but affordable help exists.

Why investors put up with rock-bottom CD yields

At today's yields, why stick with a CD? For some investors, it's for their own protection.

Find a new home for IRA from previous employer

Don't let that money just sit there. Check out your options for a previous employer's IRA.

7 solid ways you can save $1,000 in a year

Saving money can be easy. These 7 tips can help you save $1,000 in 12 months or less.