Skip to main content
Help Center
banner

ABI Blog Exchange

article-exchange

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

Read Article

The Daily Docket: No MF Global Customer Money Found at J.P. Morgan

Louis Freeh, the bankruptcy trustee overseeing MF Global Holdings Ltd.’s Chapter 11 case, says a forensic analysis has determined none of the estimated $1.6 billion in missing customer cash ended up in the company’s account at J.P. Morgan Chase & Co

Round Lake Bankruptcy Attorney Advises To Cease Credit Card Usage Prior To Filing

Link Bankruptcy is for an honest debtor only claims Round Lake bankruptcy attorney. Bankruptcy is something that people have to file to get out of debt once they find themselves strapped in debt with the inability to repay. Bankruptcy is not

The Disorderly Default in Your Closet Eupdate

Another day, another Greek deal to end them all (more on that soon). Amid the political din, legal and financial complexity, one thing has struck me: the entire enterprise is being justified as a way to avoid "disorderly default." But what exactly is

Can A Trust Beneficiary File For Homestead In Massachusetts?

In a case decided by the Massachusetts Supreme Judicial Court on February 16, 2012, it was held that a beneficiary of a trust cannot acquire a homestead under the 2004 Massachusetts Homestead Law; you need to be the trustee. We wrote about the new

When Selling Your House In Chapter 13, Timing Is Everything

If you’re in an active chapter 13 case, or contemplating a filing, you may have your eyes on the potential sale of your real estate down the road. The timing of your decision is critical. In recent months, I’ve had a number of people come to my

Options for Property in Bankrtupcy

Redemption Redemption will require you to have a certain amount of cash up front that you can put towards the balance. Redemption applies to cases where the property value has depreciated to lower than the amount of the loan. When this happens the

Proposed Bill to speed up the short sale process: Prompt Notification of Short Sale Act

A new bill was introduced which would require mortgage companies to respond faster to inquiries about a possible short sale: The Prompt Notification of Short Sale Act. Bankruptcy attorneys know about this issue: a client would like to avoid

Vernon Hills Bankruptcy Attorney Explains The Pre-Filing Requirements

Link Timing is a critical thing when it comes to bankruptcy filings states Vernon Hills Bankruptcy Attorney. Before a case can be filed, you must complete some pre-bankruptcy filing requirements. First, you need to take a credit counseling session

Finding The Right Vernon Hills Bankruptcy Attorney Can Be Critical

Link To find a qualified Vernon Hills bankruptcy attorney, you will have to do some research. There are plenty of attorneys out there who claim to be able to handle a Chapter 7 or a Chapter 13 bankruptcy case who really don’t have the requisite

New Credit Counseling Class Certificate Provider

Since the enactment of the Bankruptcy Abuse and Consumer Protection Act in 2005, bankruptcy filers have been forced to obtain a credit counseling certificate prior to filing their petitions with the U.S. Bankruptcy Court. It has been nearly seven

Round Lake Beach Bankruptcy Attorney Offers Post-Filing Credit Advice

Link After a Chapter 7 bankruptcy case, you will be offered credit by several different lenders states Round Lake Beach bankruptcy attorney. The most common is an auto finance company that wants to get you back into a vehicle immediately after your

Park City Bankruptcy Lawyer Advised To Pull Your Credit Reports

Link It is advisable that you pull your credit report for free at www.annualcreditreport.com states Park City bankruptcy lawyer. On this website, you can pull all three of your credit bureaus once a year without charge. What I recommend is that you

Park City Bankruptcy Attorney David Siegel Touts Chapter 13

Link People wonder why people are struggling financially in this country states Park City bankruptcy attorney. The truth is, there is a lot of overspending that goes on with credit cards. Additionally, there are a lot of people that are not insured

Many Americans living on the edge of debt

A majority has more savings than credit card debt, but it's not time to break out the bubbly.

Does Americans' love of plastic trump savings?

Americans have more savings than debt, but little progress has been made since last year.

How to break up with the mortgage after divorce

Think divorce is rough? Try dissolving the mortgage afterward. Here are some options.

Pros and cons: Alternative investments

What are the pros and cons of alternative investments?

Survey: Americans value savings over debt (charts)

Bankrate's charts reveal Americans' personal finance outlook in February.

Proprietary Trading Puts Banks at Serious Risk

I can name at least four institutions that effectively "went under" and required taxpayer support because of prop trades gone bad.

Can Judgments Related to Unsecured Debt be Discharged in Bankruptcy?

If you are being sued bankruptcy may be an option to consider. Chapter 7 bankruptcy allows for qualifying debt to be discharged while Chapter 13 restructures debt. A discharge means the debtor will not be obligated to pay toward the judgment. Many