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

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LSP Energy Limited Partnership files for Chapter 11 Bankruptcy Protection

On February 10, 2012, LSP Energy Limited Partnership ("LSP") and three (3) affiliated entities, LSP Energy, Inc., LSP Batesville Holding, LLC and LSP Batesville Funding Corporation (collectively, the "Debtors") filed Chapter 11 petitions in the U.S

LSP Energy Limited Partnership files for Chapter 11 Bankruptcy Protection

On February 10, 2012, LSP Energy Limited Partnership ("LSP") and three (3) affiliated entities, LSP Energy, Inc., LSP Batesville Holding, LLC and LSP Batesville Funding Corporation (collectively, the "Debtors") filed Chapter 11 petitions in the U.S

Cash-back card survey: Best return for your buck?

Bankrate.com's 2012 credit card rewards survey reveals which cards offer generous cash back.

Credit card rewards for the rich: 6 elite perks

How extravagant are the rewards offered on elite credit cards? Think private jet rentals.

Fantasy baseball tactics can boost credit

Want a higher credit score? Strategies used in fantasy baseball can help.

2012 cash-back card survey: A rebate rundown

Bankrate's 2012 credit card rewards survey reveals standout offers among typical cash-back rates.

What factors go into a refinancing decision?

Lowering interest isn't the only goal in refinancing. Ponder these other reasons first.

Adding up 7 costs of owning a pet

Sure, they're lovable and cute, but before you buy, count the costs of pet ownership.

Big investment boo-boos individuals make

An investment boo-boo can't just be kissed and made better.

How to get the most from rewards credit cards

Not playing your rewards cards right can leave free money on the table. Here's how to play the game.

3 questions regarding bank levies answered

A bank account levy has limitations. Here are times when your income can't be garnished.

Small Business has Alternatives - Chapter 13, Chapter 11

Chapter 13 can be used to save a small business provided the business is a proprietorship (not incorporated and not a partnership) and provided the debt limitations of a Chapter 13 are met. A Business Chapter 13 works best if most of the debts are

The Salazar Saga Continues

Bankruptcy and foreclosure lawyers everywhere have beenvitally interested in the fate of In re Salazar, 448 B.R. 814 (Bankr.S.D. Cal. 2011), which denied the lender's motion for relief from the automaticstay to complete an eviction after a pre

Would You Buy a Used Car From This Man?

A recent unpublished decision by BankuptcyJudge Mann of the Southern District of California is a good quick resource for briefingdischargeability actions in her courtroom. In Whited v. Galindo, 2012 WL345942 (Feb. 1, 2012), S.D. Cal. Adv. No. 10

Bank Foreclosure Settlement - Any Real Help????

Multiple banks and multiple states have entered into a settlement agreement over how the banks handled foreclosure or were in the process of handling foreclosures. Finally many Banks being made accountable for their actions. The settlement appears to

Trillion Dollar Student Loan Industry Exempt From Bankruptcy

In 2010, the annual volume of new student loans reached 100 billion dollars. There are now more than a trillion dollars in student loan debt on the books and this type of debt is growing rapidly. A new economic crisis is about to emerge. Student loan

Bankruptcy After MY Divorce

Filing for Bankruptcy was something that I never dreamed would “happen” to me. I worked hard to pay my bills and seldom even had a late payment. My husband made a good salary. Life was good. Then one day I found myself in the middle of a messy

Bankruptcy court clarifies trustee's ability to liquidate LLC property in sole member's Chapter 7 case

In re Hopkins, Bankr. W.D. Mich., Case No. 10-13592, Hon. Scott W. Dales (Feb. 2, 2012). When the sole member of a limited liability company files Chapter 7 bankruptcy, the membership interest is property of the bankruptcy estate that the trustee may

Contumacious Case of Coercion or Merely Rude? Fifth Circuit Judges Debate the Meaning of Section 523(a)(6)

The case of a former corporate officer who demanded to be bought out for an alleged ownership interest and said some really nasty things resulted in a split decision with Fifth Circuit Judges Edith Jones and Catharina Haynes on opposite sides. Matter

Is it OK to deceive buyer about lack of permits?

Work was done on the house without permits. Does the seller have to disclose to the buyer?