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

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Gurnee Bankruptcy Attorney on Hiring the Right Counsel

Link It is imperative that you hire the right bankruptcy attorney to handle your Chapter 7 bankruptcy case states Gurnee bankruptcy attorney. There are so many attorneys out there that are talking about the ability to handle bankruptcy cases at low

Franklin Park Bankruptcy Attorney Illustrates Aspects of Chapter 13

Link The trustee is not the end-all, be-all when it comes to whether or not a plan is going to be confirmed according to Franklin Park bankruptcy attorney. The court can hold a confirmation hearing and can take testimony and evidence in taking all

Berwyn Bankruptcy Attorney, Mortgage Arrears & Your Chapter 13 Trustee

Link Berwyn bankruptcy attorney claims that whether it’s a first, second, or third mortgage, the debtor makes those payments directly outside of the Chapter 13 bankruptcy plan to the mortgage companies. If there are mortgage arrearages, then those

Madoff Trustee Asks the Second Circuit to Overturn Standing Rulings

by Kathy Bazoian Phelps Irving Picard, the trustee in the SIPA bankruptcy proceeding of Bernard L. Madoff Investment Securities, LLC, has asked the Second Circuit Court of Appeals to overturn two decisions from the Southern District of New York

Chapter 7 Bankrtupcy for Businesses

If you are considering filing for bankruptcy for a business there are a number of options available to you. First you would need to consider what type of liability you have. If you are a sole proprietor or a general partner you are personally

Berwyn Bankruptcy Attorney on Treatment of Mortgages

Link In bankruptcy cases, mortgages are handled in many ways, depending on the particular type of bankruptcy that you’re filing states Berwyn bankruptcy attorney. If you’re filing a Chapter 7 bankruptcy case, then you must continue to make your

Robosigning 2.0: Coming to a Foreclosure Review Near You

Last October, I wrote a post entitled "Robosigning 2.0" that discussed some job ads for outsourced OCC foreclosure reviews. I predicted based on the job ad qualifications that the foreclosure reviews would be nothing other than a whitewash. The OCC

Change Your Chapter 13 Bankruptcy Payment

Yes, Virginia, you CAN change your Chapter 13 bankruptcy payment if something changes in your situation. Chapter 13 requires a monthly payment from three to five years. It allow you to cure arrearages for mortgages, car loans, taxes, or family

Thank You to Philomila Tsoukala

Credit Slips has been fortunate to have my Georgetown colleague Philomila Tsoukala as a guest blogger the past couple weeks. The mainstream US media press coverage of the Greek financial crisis has focused on the dynamic between the Greek government

RDC App for Citibank?

Citibank is running commercials featuring the ability to deposit checks remotely via mobile device, a process known as remote deposit capture. Citi isn't the first retail bank to roll out RDC--USAA, for example, has been doing it for a while, but

Japanese asset management firm AIJ Investment Advisors Co. ordered to stop operations because $2.3 billion of client pension funds may be at risk

Per the San Francisco Chronicle/Bloomberg: Japan Financial Watchdog Orders AIJ Investment Halt Business Tomoko Yamazaki and Shingo Kawamoto, ©2012 Bloomberg News Sunday, February 26, 2012 Feb. 25 (Bloomberg) -- Japan's financial regulator yesterday

Troubled shipping companies face the threat of seizures of their vessels as banks lose patience. . . .

Per Reuters: Shipping firms face bank debt mutiny Fri Feb 24, 2012 11:41am EST * European banks scaling down shipping books * Tanker and dry bulk ship markets hit hard By Jonathan Saul and Sophie Sassard LONDON, Feb 24 (Reuters) - Troubled shipping

Does an Oscar win mean more money for actors?

Sure, winning an Oscar can give an actor prestige, but does it mean a bigger payday?

Is it time to move your retirement account?

If you think your fees are too high, maybe it's time to make the switch. Here are your choices.

8 zany tax deductions you shouldn't try to claim

Did you hear the one about the fully deductible boyfriend? See what else people tried to deduct.

The tax advantages of long-term care insurance

The government improved tax incentives for long-term care insurance. Can you benefit?

New form now tracks stock basis for investors, IRS

New rules require brokers to track investment cost basis for investors on Form 1099-B.

Do I still owe the debt if it's charged off?

A charged-off debt doesn't mean it's wiped away, so it may be best to pay up.

Should you bite the bullet on investing abroad?

Don't fear the international investment reaper. There's still money to be made in Europe.

Stating a Cause of Action on an Avoidance Action After Iqbal

Pleading a claim to recover a preferential transfer is one of the most basic bankruptcy causes of action. Merely by establishing the date, amount and recipient of the transfer, the plaintiff can establish that a transfer was made, within 90 days