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

How to have many happy gift returns

Looking to exchange holiday gifts for what you really want? Here's how.

Drain retirement fund to pay debt?

Cut spending rather than tap retirement savings to pay off credit card debt.

18 cents in interest? Time to act

Even if you need your investment to be liquid and safe, you can earn better yields.

6 tips for a fabulously free vacation

Follow this road map for finding freebies to lighten your vacation travel tab.

Christmas Cheer for Consumer Bankruptcy Attorneys

We are reminded this Christmas to be thankful for attorneys who represent people in financial distress. Wendell Sherk tells it eloquently in this reprise of his A Christmas Cheer for Consumer Lawyers. Christmas is usually a slow time for consumer

Condos beat town houses and vice versa

Which is better: a condo or a town house? Consider these factors before making a decision.

Occupy Bank of America?

Who knew that Mitt Romney had outflanked Obama on the left? Well, it took Nixon to go to China, but I expect we'll see a lot of backpedaling here. It's a bit troublesome, though, that a Harvard Law grad like Romney would believe that small claims

Surprising Things to Consider When Filing for Bankruptcy

When it comes to things to consider when filing for bankruptcy, you might think you have all your ducks lined up, so to speak. You’ve contacted a great bankruptcy attorney. You have all of your paperwork in order. You’ve even researched the topic of

What I Learned Working at the Original Too Big to Fail Bank

Continental Illinois' internal auditors had been documenting the deterioration of underwriting quality. Unfortunately, no one listened.

Rapper Young Buck faces losing his trademarked name in bankruptcy case in Nashville

"Multiplatinum rapper Young Buck could lose his name and other assets in a bankruptcy case that the rapper says is frustrating his attempts to sign with a new record label. Davidson County Bankruptcy Judge George Paine converted the artist’s

Happy Holidays from Bankruptcy Beat!

Associated Press/Fort Worth Star-Telegram Ricky Allen’s dog, Tucker, sports holiday attire on the way to the annual Big Texas Toy Run on Dec. 18. After all our hard work this year covering stories like MF Global Holdings Ltd.’s fallout, the Los

What is a Fulcrum Security in Bankruptcy?

In bankruptcy there is a hierarchy in the right to get paid. Secured creditors come before unsecured creditors who, in turn, come before stockholders. Senior creditors get paid in full before their juniors get anything. In a Chapter 11 bankruptcy

How Does the New Federal Venue Law Affect Corporate Bankruptcy?

On December 7, 2011, President Obama signed the Federal Courts Jurisdiction and Venue Clarification Act of 2011, H.R. 394, P.L. 112-63. The bill does not amend 28 U.S.C. 1408, the primary venue provision for bankruptcy cases in the U.S. Nonetheless

The Daily Docket: Lehman Seeks Approval of $390M Deals

As Lehman Brothers Holdings Inc. prepares to start paying out some $65 billion to its creditors, it’s seeking approval of deals to bring more than $390 million into its coffers. Read the Daily Bankruptcy Review article here. The committee of

HAPPY HOLIDAYS FROM THE BANKRUPTCY BLOG

“We’re gonna need champagne for 250 people, and send the stuff that you send to me. Don’t send the stuff that I send to other people.” Frank Cross, in Scrooged We at the Bankruptcy Blog have been toiling all year to keep you informed of all things

Avoiding Unpleasant Mortgage Surprises In Chapter 13 Bankruptcy

For debtors with regular income, saving a home with Chapter 13 bankruptcy proves effective most of the time. However, there are some problems debtors may face at the end of their Chapter 13 bankruptcy. Below are a few suggestions on how to deal with

Why You Should File Bankruptcy Before A Creditor Lawsuit

With the rise in delinquencies, many creditors are turning to the courts to help them collect on debt. This means that more debtors are facing creditor lawsuits which can be both costly and time consuming. So should a debtor wait until after the

Dream Like Walt Disney

Bankruptcy is not the end of the world but a way to get a second lease on life without the burden of debt. It’s can be an opportunity to live your life with optimism and happiness. Though it may seem improbable to you, even if you file bankrupcy, you

What if I pay off my car loan early?

Some say it will hurt your credit score to pay off your car loan early. Here's what really happens.

Don't pay unnecessary dealer fees

Car dealers may try to sneak fees past you. Question these if they appear on your invoice.