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

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Glass Lewis Makes an Attempt at Transparency, and Studies Try to Evaluate Proxy Advisory Services' Influence

Glass Lewis released a brief overview that it calls a "Primer for Issuers." Glass Lewis reiterates that it does not engage in discussions with companies during the proxy solicitation period because of concerns about the possibility of receiving

Glass Lewis Makes an Attempt at Transparency, and Studies Try to Evaluate Proxy Advisory Services' Influence

Glass Lewis released a brief overview that it calls a "Primer for Issuers." Glass Lewis reiterates that it does not engage in discussions with companies during the proxy solicitation period because of concerns about the possibility of receiving

How $25B Settlement Monitor Can Keep Banks at Arm's Length

Joe Smith could choose a large consulting firm as project team leader only and mandate that this firm pick experts and on-the-ground compliance staff from a wider range of outfits.

How to File Chapter 7 Bankruptcy - Miami Bankruptcy Lawyer

To start a chapter 7 bankruptcy case, a person needs to file a petition with the United States Bankruptcy Court. Usually the case is filed with the Bankruptcy Court in the district where the person lives. If a person lives in Miami-Dade County

Can Income Tax Debts Be Discharged in a Chapter 7 Bankruptcy in California?

Today is April 15, and while taxpayers get two additional days to file their income tax returns this year, today presents the perfect opportunity to discuss one of the most vexing issues in consumer bankruptcy—whether or not taxes can be discharged

Top 15 Lies About Bankruptcy. Lie #5: You Will Never Get Credit Again

Lie #5: You Will Never Be Able to Get Credit Ever Again. (Variations: You Will Never Be Able to Get a Car Loan Ever Again. You Will Never Be Able to Get a Mortgage Ever Again. You Will Never Be Able to Get a Credit Card Ever Again. Banks Will Lock

Top 15 Lies About Bankruptcy. Lie #4: You Will Never Own Anything Again

Lie 4: You Will Never Be Able to Own Anything Ever Again. Truth-o-Meter: A surprising number of people believe that once you file for bankruptcy, no one will ever loan you money or give you a credit card, a car loan or a mortgage, and you will be

Bankruptcy Lawyers: Your Mother Was Right!

Mothers are well known for dispensing good, common sense to their children, and the one piece of motherly advice that can be applied to your selection of a bankruptcy lawyer is, “You get what you pay for.” Do you know what a lawyer has to do to be a

Here's how to limit your educational debt

Limit the amount of debt you take on from student loans with these four tips.

Tax bill too big? IRS offers payment options

Can't come up with the cash to pay tomorrow's tax bill? IRS takes your money in different ways.

How do I get a grip on my credit card debt?

When credit card bills have you swamped, help and planning can keep you from sinking.

Spring 2012: Cheaper refis & more mortgage trends

Refinancers will save money, and more renters will buy homes in spring 2012.

Declutter financial files, and organize your life

Whether you use a traditional or electronic filing system, follow these tips to get organized.

Why you should avoid a college loan

Take on debt while you're in school? Study up on these points before getting a college loan.

5 mortgage and housing trends in spring 2012

Mortgage fees are rising, and competition for houses is heating up as the weather warms.

How Chapter 7 Can Help You Pay Your Non-dischargeable Student Loans

In my last post, I argued that the current Bankruptcy Code standard for discharging student loans is unduly harsh and burdensome. Currently student loan debt – and this includes private student loans, government backed student loans, parent incurred

Is now a good time to sell the 5 acres out back?

The "triple-As" -- agent, appraiser, accountant -- can advise you on timing a land sale.

After Bankruptcy: Suing Navy Federal

We sue debt collectors and creditors a dozen times a month. For doing illegal things to our clients–before bankruptcy or after the bankruptcy. We don’t make a lot of money doing that. But I think big companies can act like small children–they do what

Long Term Care Insurance Proceeds In Bankruptcy

A caller asked me for help with his parent’s debt and judgment. The parent has long term care insurance and is living in an assisted living facility. The parent is expecting a lump sum reimbursement from the insurance company to...

Why it is that the Madoff trustee has achieved recoveries and settlements in excess of $9 billion, yet $329.4 million has been distributed from the customer fund

Before the clawbacks were filed and since, I wrote about the need to expedite the resolution of litigation arising in the wake of the collapse of Bernard L. Madoff Investment Securities LLC. Recently, an explanation was provided for why a limited