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

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Consumers rein in spending over holidays

Americans kept holiday spending under control. Did the recession change their spendthrift ways?

Americans start year upbeat about finances

The new year brought new hope to finances, according to Bankrate's Financial Security Index.

Top states for foreclosure in Dec. 2011: California

These states held the top spots with the highest foreclosure rates in December.

Forget the lotto -- try sweepstakes

Want to win big? Your odds of success are higher with sweepstakes.

Top 10 states for foreclosure

Nevada had the highest rate of foreclosure in December. Is your state on our list?

Top states for foreclosure in Dec. 2011: Florida

These states held the top spots with the highest foreclosure rates in December.

Could money market funds break the buck again?

Experts say money market funds are solid. But there are some new wrinkles and regulations.

Americans more optimistic about personal finances

Bankrate's Financial Security Index rose to a seven-month high of 97.3.

Top states for foreclosure in Dec. 2011: Nevada

These states held the top spots with the highest foreclosure rates in December.

Top states for foreclosure in Dec. 2011: Georgia

These states held the top spots with the highest foreclosure rates in December.

Top states for foreclosure in Dec. 2011: Michigan

These states held the top spots with the highest foreclosure rates in December.

Which debts can be discharged in bankruptcy?

Filing bankruptcy does have some debt exclusions, but these bills and loans are usually covered.

How to correct an erroneous credit report

When father and son have the same name, a credit report can get fouled up. Learn how to fix it.

Yet Another Hanging Paragraph Creates a Taxing Situation

A pair of new opinions suggests that dischargeability of taxes is even more complicated subsequent to BAPCPA. In Matter of McCoy, No. 11-60146 (5th Cir. 1/4/12), which can be found here [ an enhanced version of this opinion is available to lexis.com

Can Bankruptcy Help Prevent Foreclosure on My Home?

When a homeowner fails behind on mortgage payments, the lender may look to begin the legal process of getting the house sold so they can receive payment for the loan against it. Homeowners may qualify for other options such as forbearance, in helping

McDonald’s Dispute Pushes Bankruptcy Judge Over the Edge

Reuters It takes a lot to exasperate Judge Kevin Gross of the Delaware bankruptcy court. But after nearly six years on the bench, he finally hit his limit over an unfinished McDonald’s on a Manhattan street corner. Last week, Gross did the judicial

Bankruptcy Remote Entities: What Not To Do

Case Commentary: CRM Collateral II, Inc. v . Tricounty Metro. Trans., 2012 WL 164537 (9th Cir. 2012). Of the many pitfalls to creating a bankruptcy remote entity, failing to make the entity actually bankruptcy remote is the most basic and the

And the wind blows wild again

I wade into the chapter 11 professional fee debate again, this time in the context of the UST's proposed guidlines for attorneys fees in big cases.

Joliet Bankruptcy Lawyer David M. Siegel

Link In the state of Illinois, you, as an individual debtor, can protect up to $15,000.00 worth of equity in real estate. If you are filing a joint bankruptcy case, you and your spouse can protect up to $30,000.00 worth of equity in real estate. As

U.K. Pension Plan Tops Kodak Creditor List

Getty Images A saleswoman holds a box of Kodachrome film June 22, 2009, in an electronics shop in lower Manhattan. Eastman Kodak Co., which sought bankruptcy protection last week, has disclosed its top 50 unsecured creditors. Kodak’s underfunded U.K