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

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Is your bank account the best for you?

If you're looking for the best financial institution and no fees, ask these five questions.

Recent college graduates struggle to find jobs

College grads have a leg up in the job market, yes? Not in a downturn, they don't. Here's why.

Shielding your assets from estate taxes

You can use two types of trusts to shield your home or investment portfolio from estate taxes.

Home sellers watch housing prices plummet

Home sellers can't be choosy as the recession forced a glut of properties onto the market.

Standard or itemized tax deduction?

Tax deductions reduce taxable income, so it pays to choose carefully.

Winners and losers in the Great Recession

Not everyone suffered in the recession. Find out who took a bath and who made out like bandits.

4 affordable new cars from Detroit auto show

The auto show featured the usual auto eye candy, but these cars come with a sweet price.

Should I make payments on 2 car loans?

Buying a new car but your trade-in won't cover your old car loan? These are your options.

Front-load additional mortgage loan payments?

Rates may be right to refi your mortgage, but closing costs might make your old loan a keeper.

What Debts Can Be Included in a Bankruptcy Filing?

Bankruptcy has helped many consumers who have been struggling to pay their bills get a fresh start with their finances. The option allows you to discharge or wipe away qualifying debts with a Chapter 7 bankruptcy. Chapter 13 will restructure your

The Riskiest Careers in Financial Services, Finally Rewarded

A Chief Risk Officer can now have significant stature and sway. But that new prominence gives shareholders, regulators, and the media an easy target for ridicule after a corporate stumble.

Kodak Aims to Continue Customer Programs

Reuters After hearing that Eastman Kodak Co. filed for bankruptcy protection, customers are no doubt wondering what this means for them. If you’re one of those customers, keep reading; Bankruptcy Beat is looking at the company’s request to continue

Five Weeks Until Pitchers and Catchers Report, Eight Weeks Until Lawyers Report - Madoff Judge Confirms Mid-March Trial For Trustee's Claims Against Mets' Owners

Judge Jed S. Rakoff this week denied the request of Irving Picard, the trustee of Bernard L. Madoff Investment Securities LLC ("BLMIS"), to pursue an immediate appeal of Judge Rakoff's recent decision to dismiss most of the counts set forth in Picard

What You Should Know about Chapter 13 Bankruptcy

Chapter 13 bankruptcy provides protection against further collection action and allows for debts to be restructured into a payment plan. The filing reorganizes debt to help a debtor pay it off within a set time period. At the end of the period, if

Payday Loans are First Target of New Consumer Protection Chief

Richard Cordray’s first CFPB hearing will be held today and will focus on the practices of payday lenders. Seventeen states and the District of Columbia already outlaw payday loans, but in all of the others, lenders can and do charge 400% interest or

Five Weeks Until Pitchers and Catchers Report, Eight Weeks Until Lawyers Report - Madoff Judge Confirms Mid-March Trial For Trustee's Claims Against Mets' Owners

Judge Jed S. Rakoff this week denied the request of Irving Picard, the trustee of Bernard L. Madoff Investment Securities LLC (“BLMIS”), to pursue an immediate appeal of Judge Rakoff’s recent decision to dismiss most of the counts set forth in Picard

Kodak Bankruptcy By the Numbers

By Shira Ovide Katy Stech While you were sleeping, Eastman Kodak filed for bankruptcy protection, a sad turn for the 132-year-old American corporate icon and for Kodak’s employees and hometown of Rochester, N.Y. Here is a look at Kodak’s bankruptcy

Bankruptcy News: What to Do if a Creditor Harasses You

You’ve started the proceedings to declare bankruptcy some time ago – and yet your creditors are still calling you constantly. There’s not a moment’s peace from these creditors: if they’re not contacting you by letter, they’re contacting you

The Daily Docket: Kodak Enters Bankruptcy

Eastman Kodak Co. filed for Chapter 11 bankruptcy protection in New York early Thursday morning, The Wall Street Journal reports. Kodak’s $950 million bankruptcy loan calls for the struggling company to lay out plans to auction its digital imaging

Bankruptcy and winding-up petition reform

The government consultation Reform of the Process to Apply for Bankruptcy and Compulsory Winding Up, which proposes adjudication by Insolvency Service staff rather than a court hearing of most petitions for bankruptcy and companies winding-up, has