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

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Fresh Ingredients for Twinkie-Maker’s Board

Agence France-Presse/Getty Images It’s out with the old, in with the new for Hostess Brands Inc. As the maker of Twinkies and Wonder Bread struggles to regain its footing following the unexpected departure of its chief executive, it’s welcoming in

HUD Inspector General fills in some details on robo-signing and other abuses

For those without enough reading after the legal document dump on Monday in the national mortgage settlement (see http://www.creditslips.org/creditslips/2012/03/national-mortgage-settle…), there's more. Also released

Looming Student Loan ‘Debt Bomb’ – News – ABA Journal

Bankruptcy Lawyers Warn of Looming Student Loan ‘Debt Bomb’ – News – ABA Journal. This has been coming for a long time. I know because I am on the front lines of the financial crisis every day and the student loan debt situation has all the same

In Bankruptcy, American Airlines Freezes Pensions

The much-publicized American Airlines bankruptcy case got more press last week when the company announced changes to plans it had published to terminate pensions for current and future retirees as part of bankruptcy cost-cutting measures. Now, it

South Florida Bankruptcy Attorneys Suspended For Filing Frivolous Claim Objections In Chapter 13 Cases

A bankruptcy attorney can try too hard to eliminate his client’s debt; when the attorney abuses the bankruptcy rules he can find himself in trouble with the bankruptcy court. Several attorneys in south Florida were sanctioned for filing frivolous

A Win for Disney?

At the Walt Disney Company’s annual meeting of shareholders today, shareholders approved Disney’s controversial executive compensation plan and voted to reelect Disney’s slate of directors, despite negative recommendations by the ISS. ISS had

A Win for Disney?

At the Walt Disney Company’s annual meeting of shareholders today, shareholders approved Disney’s controversial executive compensation plan and voted to reelect Disney’s slate of directors, despite negative recommendations by the ISS. ISS had

March Madness: The Play-In Round

The 2012 Weil BFR March Madness Tournament has officially begun! This year, we start with a play-in round to determine the #4 seed for each region. This is the round where perennial favorites and top-seeded cases like Lehman and Texaco sit back and

When Creditors Try to Collect During Bankruptcy

If you have filed for bankruptcy and a creditor continues to try and collect from you, they could be in violation of the automatic stay. The purpose of the automatic stay in bankruptcy is to stop collection activity by creditors, including various

The Daily Docket: Indonesia’s Berlian Laju Seeks U.S. Protection from Creditors

Subsidiaries of Indonesian marine shipping company Berlian Laju Tanker on Wednesday filed for U.S. bankruptcy protection with the aim of enforcing an Indonesian court order barring creditors from arresting its tanker ships. Read the Daily Bankruptcy

A Win for Disney?

At the Walt Disney Company’s annual meeting of shareholders today, shareholders approved Disney’s controversial executive compensation plan and voted to reelect Disney’s slate of directors, despite negative recommendations by the ISS. ISS had

A Win for Disney?

At the Walt Disney Company’s annual meeting of shareholders today, shareholders approved Disney’s controversial executive compensation plan and voted to reelect Disney’s slate of directors, despite negative recommendations by the ISS. ISS had

5 tips to shine when investing in gold coins

Don't flip over gold coins. Follow these steps before becoming a collector or investor.

Living single? Here are 4 ways to save

Freedom has a price. Here's how to match the savings that couples get.

Are proceeds from the sale of inherited stock taxed?

If you're left some stock and have to sell it at a loss, you could come out ahead at tax time.

2012 US economy: Slow and steady

Jobs and housing are just some of the factors that will affect the economy in 2012.

The top 5 tips to build a tiptop credit score

Want better credit? Here are some lessons learned by Bankrate's Credit Card Adviser.

Uncle Sam can help pay some adoption costs

Uncle Sam gives you a tax break to help defray some of the costs of your new family member.

Regulators Need to See the Big Picture

Just as we manage risk within companies on an enterprise-wide level, we should be building a coherent regulatory framework in which risk is assessed across industries and markets.

Fifth Circuit Finds Inherited IRAs Exempt

In a case of first impression for the Fifth Circuit or any other court of appeals, the Fifth Circuit has ruled that inherited IRA accounts may be claimed as exempt under 11 U.S.C. Sec. 522(d)(12). Matter of Chilton, No. 11-40377 (5th Cir. 3/12/12)