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

SOPA, PIPA, and Us

Given what a small part of the web we are, it seemed a little melodramatic for Credit Slips to go dark over the proposed Stop Online Piracy Act (SOPA) and Protect IP Act (PIPA). It did seem appropriate at least to add my own voice to the opposition

Funds must be in tax exempt retirement account – not merely traceable to a retirement account – on filing date to qualify for § 522(d)(12) exemption.

In re Pellegrini, Bankr. W.D. Mich., Case No. 09-90464, Hon. James D. Gregg (Jan. 17, 2012). When Congress adopted BAPCPA, it added an exemption for "[r]etirement funds to the extent that those funds are in a fund or account that is exempt from

Social Security Numbers and Massachusetts Bankruptcy

We are often asked how to file bankruptcy in Massachusetts when our clients do not have a social security number. This question comes at the intersection of bankruptcy and immigration law. All bankruptcy petitions have a page in which you are

Do Married Couples Have to File Bankruptcy Together?

While married couples have the option to file jointly, either spouse has a right to file separately. Filing separately usually makes sense if you and your spouse have separate accounts with creditors before making the decision to file. There are a

The Daily Docket: FDIC Says BofA Owes Colonial $900M

The Federal Deposit Insurance Corp. says Bank of America Corp. owes the failed Colonial Bank $900 million for losses suffered when Colonial collapsed in the wreckage of Taylor Bean & Whitaker Mortgage Corp.’s multibillion-dollar bank fraud. Read the

Weil Restructuring Outlook: 2012 Survey

The annual Weil Restructuring Outlook Survey has arrived, and not a minute too soon. With Europe on the brink of economic meltdown, the yield on a 10-year T-bill below 2%, oil above $100 a barrel, and a significant uptake in large-cap chapter 11

Letter to SEC Urges Regulation of Proxy Advisory Firms

The Shareholder Communications Coalition, a group that includes the Business Roundtable, the National Investors Relations Institute and the Society of Corporate Secretaries and Governance Professionals, recently sent a letter to the SEC advocating

Letter to SEC Urges Regulation of Proxy Advisory Firms

The Shareholder Communications Coalition, a group that includes the Business Roundtable, the National Investors Relations Institute and the Society of Corporate Secretaries and Governance Professionals, recently sent a letter to the SEC advocating

Top 4 Reasons To Call A Foreclosure Defense Attorney

Number 4. You received a Summons and Complaint for foreclosure. Now you are being sued by your mortgage company and in danger of losing your property. You have a short period of time to respond, usually 30days or less in Illinois. Number 3 . You

We’re Moving! Make Sure to Update Your Subscription

McFarlandLaw’s blog is moving, so make sure to update your subscription to our new blog at McFarland Pyle & Stone. From immigration law to bankruptcy, environmental and food law, our new blog will cover it. And now, we’ll be publishing all of the

Top Ten Countdown Bankruptcy Myths: #9: Bankruptcy Makes You A Failure

Approximately 10-20 folks each week come to my office to talk with me regarding bankruptcy and nearly all of those folks in my office believe that they have failed. That their lives will be ruined because the neighbors will know, the boss will know

Is it smart to transfer a credit card balance?

Moving a large credit card balance to a low-interest card might sound good -- but is it?

Properly defined dependents can pay off at tax time

Kids depend on you for a lot, but at tax time they could pay off when you claim them as dependents.

Prepaid student ID cards making the grade?

A hybrid payment product lets student IDs double as prepaid cards. Here's what to know.

Take out a short-term loan from your IRA

You can lend yourself money from your retirement account, but there are limits.

Credit card rate cut request hurts score?

Asking for a rate reduction on a credit card might lower a credit score. Find out when it does.

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

02/22/12: Looking under the Hood: How Do Tried-and-True Valuation Methodologies and Models Lead Us Astray?

Marcia L. Goldstein wll be speaking at the American Bankruptcy Institute’s VALCON 2012 conference. February 22-24, 2012 Las Vegas, Nevada Looking under the Hood: How Do Tried-and-True Valuation Methodologies and Models Lead Us Astray? This session

Celebrities Flock to Yellowstone Club

Reuters Justin Timberlake is one of the many celebrities who have recently visited the Yellowstone Club. Move over, Bill Gates. There are some new A-listers in town—the town of Big Sky, Mont. People like the Microsoft co-founder and former Vice

Idaho Bankruptcy Court Dismisses a Chapter 9 Petition on Finding County to be Solvent

In December of 2010, a jury rendered a verdict of $4,000,000 against Boise County, Idaho in an lawsuit brought against it by Alamar Ranch, LLC (“Alamar”) which alleged the County had imposed conditions on a conditional use permit requested by Alamar