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

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Elite Eight of Chapter 11

The first real round of the Bankruptcy Blog’s March Madness has concluded (no matter what they say, the play-in round is not “Round One,” as far as we’re concerned), and eight chapter 11 cases remain in contention for the dubious distinction of being

Charities: Proper Clawback Targets in Ponzi Scheme Cases?

To gain valuable recognition, Ponzi perpetrators often make handsome contributions to charities. But those contributions create political difficulties for the trustees and receivers in evaluating whether to seek the return of those contributions on

What Sprint’s Financial Troubles Can Teach You about Bankruptcy

Forbes reported this week that Sprint shares plummeted after one analyst gave the company a less-than-rosy financial rating and noted that he believed it has a 50 percent chance of filing for Chapter 11 bankruptcy protection. But here’s the kicker

How to Select the Best Dallas Bankruptcy Lawyer

When it comes to declaring personal bankruptcy in Dallas, you may think that the road will be long and convoluted. However, nothing could be further from the truth – especially if you have the best bankruptcy lawyer by your side. But as with all

April 9th Issue of Forbes Contains Good Tax Tips for the “bottom 99% of the the 1%”: Put investments with the highest growth ratein your Roth IRA.

One way we, at DailyDAC, think about our audience is this: you are the bottom 99% of the 1%. No offense! What do we mean? Well, based on 2009 tax year filing data, an adjusted gross income of $343,927 will put you in the top 1 percent of taxpayers

Prove It!

Kismet, def. fate or destiny, seemed to be in play this weekend. Or maybe it’s that I’m like a magpie with a fixation on books rather than shiny objects. But the first thing that caught my eye in the exhibitors hall at the Northern California

How to Put More Distance Between Banks and Their Auditors

Audit committees must follow rules already on the books that charge them with hiring and firing auditors. That includes booting an auditor that allows executives to put banks at risk of failure for their own enrichment.

The Daily Docket: Email Links Corzine to MF Global Transfer

Jon S. Corzine gave “direct instructions” to move $200 million from an MF Global Holdings Ltd. account containing customer funds three days before the securities firm collapsed, according to an employee email reviewed by congressional investigators

Bankruptcy Attorneys Are Biased: Consider Second Opinion Before You File Bankruptcy

I often get calls from people who have already filed personal bankruptcy with another attorney and are unhappy about the course of their bankruptcy. Many of these callers find they are losing some money or assets in their bankruptcy, and...

Behind Every 'Distressed Asset' Is a Distressed Human Being

Behind closed doors they live in a constant state of fear, ducking calls from bank and servicing representatives, opening certified letters with shaking hands.

What Every Parent Should Know About Bankruptcy

Filing bankruptcy has significant ramifications, and one that often slips under a parent’s radar is the effect bankruptcy will have on the 529 qualified tuition program they have been diligently contributing to for the last several years. As a parent

Save The Economy & Reduce Bankruptcy – Break Up The Banks!

American mega-banks are great. For bankers. For the rest of us, they encourage booms and busts in the economy and foster bankruptcy for the middle class. Even their shareholders should agree — it’s time to break up the Big Banks. The President of the

Thinking About Filing Chapter 13 Bankruptcy in San Jose? Be Sure to File Your 2011 Taxes Right Now!

The deadline to file your 2011 taxes (this year we have until April 17) is just about three weeks away. It happens every year around now. San Jose Chapter 13 Bankruptcy clients need to file their bankruptcy urgently to stave off a pending foreclosure

Monitor Your Bankruptcy Case By E-Mail

Watch the happenings in your bankruptcy case by email. You can now sign up to receive notices in your case by RSS feed. Once you are subscribed, an email will be sent to your inbox each time activity occurs in your case. Each email, or a periodic

2012 CD early withdrawal penalty survey

This chart breaks down the results of Bankrate's 2012 CD early withdrawal penalty survey.

7 little-known health care reform gems

Discover how sweeping health care reform created a smorgasbord of programs that benefit families.

7 steps to making a successful career change

Swapping jobs is difficult, and changing careers can be daunting. Here's how to make the move.

Should you raid retirement to pay college debt?

Take our economics refresher before repaying student loans using your 401(k) or IRA.

5 no-nonsense questions for online CDs shoppers

Investing in CDs online may be faster, but check the fees and penalties before clicking to buy.

Can you out-invest your financial adviser?

You can have mucho IRAs, but how will your self-managed account stack up to your adviser's?