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

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What Kind of Debts are Eliminated with a Dallas Bankruptcy?

For some reason, many people have different ideas about what types of debts are eliminated in a Dallas bankruptcy. Ask any one of your friends or family members, and you’ll experience a myriad of opinions. Some will insist that you’ll lose your house

It's not just the economy stupid!

“Greeks are protesting new austerity measures” is a common headline these days. It definitely captures some of what protesting Greeks are doing, but certainly leaves a whole lot out of the picture. Many Greeks are protesting not only the

The Continuing Saga of Bank of America’s RMBS Settlement With Institutional Investors

We have been following the settlement (see here and here) of institutional investors’ representations and warranties claims against Bank of America in connection with 530 residential mortgage-backed securities transactions. A group of institutional

Two Means Two: Delaware Bankruptcy Court Confirms that the Two-Year Look-Back Period for Fraudulent Transfers Is Non-Negotiable

“Then, shalt thou count to [two], no more, no less. [Two] shalt be the number thou shalt count, and the number of the counting shalt be [two]. Four shalt thou not count, nor either count thou [one], excepting that thou then proceed to [two]. Five is

What to Expect When You Have a Bankruptcy Consultation

Making the decision to file bankruptcy can be the first step toward reaching financial freedom. Now you’ll want to get prepared for your next step: meeting with your bankruptcy attorney. Being prepared for the first meeting with your attorney can

The Daily Docket: Lehman Seeks to Subpoena Geithner

Lehman Brothers Holdings Inc. and its creditors said they want to subpoena Treasury Secretary Timothy Geithner over allegations J.P. Morgan Chase & Co. illegally siphoned billions of dollars from the collapsing investment bank before it filed for

North Chicago Bankruptcy Attorney On Keeping Debt After Bankruptcy

Link There is no guarantee that a debtor will be able to keep debt after filing states North Chicago bankruptcy attorney. If the court feels that the debtor does not have the ability to make those payments comfortably, then the court could throw out

Streamwood Bankruptcy Attorney And Reaffirming Debt

Link You have to eliminate the bulk of your debt before you can reaffirm on a particular debt claims Streamwood bankruptcy attorney. The process starts with the client coming in for a free initial consultation. During this consultation, we will go

Finding The Best Hoffman Estates Bankruptcy Attorney

Link What should you look for in a Hoffman Estates bankruptcy attorney? There are many bankruptcy attorneys that can help you file a case either under Chapter 7 or Chapter 13 of the Bankruptcy Code. The important thing for you is to find an attorney

Rolling Meadows Bankruptcy Attorney Explains Chapter 13 Confirmation Process

Link When a case comes before the court, it must be either be recommended for confirmation or denied confirmation explains Rolling Meadows bankruptcy attorney. If the case is recommended for confirmation, that means the Chapter 13 trustee is standing

Des Plaines Bankruptcy Attorney Touts Chapter 13

Link It doesn’t take much these days to fall behind on your bills. With rising unemployment, high cost of food, high cost of housing, high cost of automobile financing, it easy to see why people do not have money today. If you are falling behind on

Conferring

Today I'm off to the Wharton Restructuring and Turnaround Conference, which looks to be a great, high level discussion of all things chapter 11ish. But it is surely a sign of the times that the keynote speaker is a banking lawyer.

Bankruptcy Credit Counseling for just $5

Consumer Bankruptcy Counseling is now available for $5 from the website: www.consumerbankruptcycounseling.info. In 2005, Congress required all individuals wishing to file bankruptcy to first undergo a “Credit Counseling Briefing.” This counseling

Fed faces intense criticism over bank rule

Banks are seeing red over the proposed regulations. Why do they hate the Volcker rule?

Taxes that lower your IRS bill

It's true! There are some good taxes, and you can use them to reduce your IRS bill.

3 additives a well-maintained car doesn't need

Don't be lured by ads about giving your cars more oomph. These additives are a waste of money.

7 ways to save on your kid's birthday party

You don't have to hold a birthday party at a roller rink. Follow these tips for a frugal event.

10 surefire ways to blow your job interview

In a tight market, jobs are scarce. Don't mess up your chances with an interview faux pas.

How much can I save if I pay off my car loan?

How can you find out if paying off your car loan early will save you money? Bankrate can help.

Is refinancing your VA home loan worth it?

Refinancing -- Veterans Affairs loan or not -- is a major move. Follow this guide.