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

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Wall Street Bankrupts Us With Casino Tools

Casinos would go broke if people acted completely reasonably with money. Instead, players go bankrupt and the house always wins. Banks have learned to play the same games. Banks are gradually turning the consumer financial world into a casino. I don

Should I live where a dump used to be?

When buying a house over landfill, you need to know you're well-protected from buried hazards.

When An Argument Doesn't Turn Out As Well As Expected

Sometimes a legal argument which seems clever in the abstract can look downright silly when placed in context. That was the case with several arguments rejected by the court in Smith v. Citimortgage, Inc., et al, Adv. No. 11-5136 (Bankr. W.D. Tex. 2

Top 15 Lies About Bankruptcy. Lie #3: If You File for Bankruptcy, You’ll Lose Everything You Have

Top 15 Lies About Bankruptcy Lie #3: If You File for Bankruptcy, You’ll Lose Everything You Have. Truth-o-Meter: In the vast majority of cases, nothing could be further from the truth. The fact is that most people who file bankruptcy don’t lose

Antioch Bankruptcy Attorney Describes The Post-Filing Requirement

Link Antioch bankruptcy attorney states that each party must submit to a two-hour financial management class. Most of my clients who are filing jointly watch a two-hour DVD and they can watch it together, provided they both watch it and they both

Antioch Bankruptcy Lawyer Says Credit Counseling Is Mandatory

Link Antioch bankruptcy attorney states that you need to take the credit counseling prior to filing whether it is a Chapter 7 or a Chapter 13 bankruptcy case. If it is a joint case, husband and wife, then each party must submit to the credit

To Rescue Housing Cast a Wide Net

What's needed are some approaches from outside the industry or government. I'd rather hear Stephen Hawking's views on housing than Shaun Donovan's or Tim Geithner's

Not Just A Second Home: Hunter Mahan and Bride Building 19,000 Square Feet in Dallas Love Nest, er, Chateau

Golfing hottie Hunter and his bride, former Dallas Cowboys Cheerleader Kandi (Harris) are building a 19,000 plus square foot home in The Creeks of Preston Hollow. The mega mansion at 10719 Bridge Hollow will not only have underground parking, it will

Company That Sold Statue of Liberty Scraps Seeks Chapter 11

Getty Images A Tennessee company that sold off chunks of the country’s most well-known symbol of freedom—the Statue of Liberty—has filed for bankruptcy protection after years of trying to make money selling the scraps it salvaged from the monument’s

Chapter 13 Bankruptcy Has No Minimum Payment For Credit Cards

Chapter 13 bankruptcy filings often requires that a filer pay something every month to a trustee. The trustee distributes those payments according to a court-approved plan. Nothing in the Bankruptcy Code requires a minimum payment, a minimum dividend

The Broke and the Beautiful: Oscars Edition

This week on The Broke and the Beautiful, the name Kodak Theatre is no more and Joe Torre has dropped his bid for the Los Angeles Dodgers. Also, sports agent Leigh Steinberg opens up about his downfall. Associated Press You might be tuning in to the

Dish to Close 500 Blockbuster Stores

Reuters Apparently, 2012 is not going to be the year that the Blockbuster retail store rises again. So for those who still enjoy browsing the new releases, getting little laminated membership cards, picking out candy and walking out with actual DVDs

So Long as Big Banks Can't Fail, Small Banks Need TAG

I wish that I could agree with Ms. Rehm's point of view on ending the Transaction Account Guarantee program because, if I could, it would signal the end of the very discriminating too-big-to-fail policies of our government.

Mortgage Lenders Paying Homeowners To Find Short-Sale Buyers

Are mortgage lenders finally “getting it?” Since the beginning of the housing crash so many homeowners have expressed to me their frustration trying to work with their mortgage company to arrange a reasonable short sale of their real estate. These...

Top 15 Lies About Bankruptcy. Lie #2: Everyone Will Know You Filed for Bankruptcy

Top 15 Lies About Bankruptcy Lie #2: Everyone Will Know You Filed for Bankruptcy Truth-o-Meter: Unless you’re a prominent person or a major corporation and the filing is picked up by the mainstream media, the chances are very good that the only

Personally Identifiable Information: Yours, Mine or Ours?

Personally Identifiable Information ("PII") is no longer just about privacy and breaches - it is about who owns it and who can legitimately profit from it. It is a real, quantifiable asset, and to date, the people who own it and are uniquely

Waukegan Bankruptcy Attorney Advised Against Filing Pro Se

Link There are other things that you need to consider if you are thinking of filing on your own states Waukegan bankruptcy attorney. You are going to be held to the same standard as that of an attorney. Thus, you’re going to have to know how to bring

Beach Park Bankruptcy Attorney Advises Against Filing Yourself

Link You have the legal right to file a bankruptcy case on your own which is known as filing pro se. Personally, as a Beach Park bankruptcy attorney, I would never recommend that anyone try to file a bankruptcy case on their own, whether it is a

Zion Bankruptcy Attorney On Items To Bring To Your Initial Consultation

Link The most important thing that you bring with you to your consultation with a Zion bankruptcy attorney is yourself. You have the majority of the information that you need within your head. You simply have to translate that information to your

Common Reasons Why a Bankruptcy Case Gets Dismissed

Debts are eliminated if they are discharged in a bankruptcy but in a dismissal debts will not be eliminated. A dismissal of bankruptcy occurs when the case is terminated by a federal judge and there are several reasons why this action may happen. The