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

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Companies with the most job layoffs in 2011

Do you have a job? Be thankful you weren't involved in one of the year's biggest layoffs.

Should you check your bank's credit rating?

A bank's credit rating doesn't affect deposit accounts, but it's something you should check.

Celebrities who got scammed

When millions are at stake, keeping track of money isn't easy. These celebs had a hard time.

7 secrets to supermarket savings

Groceries can be a big part of the family budget. Use these turbocharged tips to slash your costs.

5 useful tips on employing a car-buying service

A car-buying service can save money. Follow these tips to decide if it's right for you.

Can you get a mortgage on paid-off home?

If a house is paid off, can you get a new mortgage to fund the purchase of a second property?

Jefferson County Fights to Keep Scandal Settlement Money

Reuters Jefferson County, Ala., is rallying to protect the settlement it received as a result of its disastrous sewer-debt deal from flowing back to Wall Street. And it’s the type of dispute that has potential to draw more ink from the same kind of

Financial Lawyers Conference

The Annual Seminar of The Financial Lawyers Conference April 20-22, 2012 Ojai Valley Inn & Spa Bankruptcy After The Fall: Emerging Issues In The Wake Of The Financial Crisis The bursting of the housing bubble in 2007, the financial panic...

Hostess filing in mix?

"Hostess Brands, America’s biggest bakery, is on the verge of filing for bankruptcy again — perhaps as early as next month, The Post has learned. Staying out of Chapter 11 is proving tough for the Twinkies maker, a source said,...

Bankruptcy Judge Orders Young Buck Into Liquidation

A bankruptcy judge told Young Buck to get straight out of Cashville. Judge George C. Paine II of the U.S. Bankruptcy Court in Nashville, Tenn., switched Young Buck’s Chapter 11 reorganization to a Chapter 7 liquidation this week, court papers show

Should You Borrow During Chapter 13 Bankruptcy?

In the three to five year period of a debtor’s Chapter 13 bankruptcy case, they may feel the need to borrow money. But a Chapter 13 bankruptcy debtor cannot borrow unless they have the bankruptcy trustee’s permission. The first question a debtor

Charles Dilbeck: An Historical Ranch In Dallas Was Moved, Restored, Painstakenly Preserved

This amazing home in Westlake, Texas started as a ranch when Westlake was nothing more than a farm town. I drove out to see this spread one crisp, fall day and am still in a trance – maybe why it’s taken me 1500 words to post it. Not only is it a

Bank of America Agrees to Pay a Record $335 million to Settle Countrywide Discriminatory Lending Claims

Bank of America has agreed to pay $335 million to compensate Countrywide borrowers who were allegedly assessed higher interest rates and fees based on their race and national origin. Bloomberg reported that the record settlement “dwarfs the $30

Wisconsin Judge Relies on Judge Rakoff’s Citigroup Decision in Scrutinizing SEC Settlement

Bloomberg Businessweek and the WSJ Law Blog, among others, reported yesterday that a federal judge in Wisconsin relied on Judge Rakoff’s Citigroup opinion (see our post here) to request additional information from the SEC in connection with a

The Daily Docket: Quiznos Reaching Debt Deal

Quiznos is reaching a deal to restructure about $870 million in debt, The Wall Street Journal reports. A bankruptcy judge said Wednesday he was “troubled” by a plan by two banks who co-own the Archstone apartment company with Lehman Brothers Holdings

It’s Almost Survey Time Again

Last January, we did our first ever reader survey of economic predictions for the coming year. The response was fantastic, with 125 of you responding to our questions about what lie ahead for key economic indicators. We’ll be making this an annual

The Trustee Review Process In Chapter 7 Bankruptcy

Chapter 7 bankruptcy cases are overseen by a trustee who is responsible for examining and liquidating assets to pay creditors. It’s important for the bankruptcy debtor to understand exactly how this process works so that they can do thing that will

Facebook's Impact on Commercial Real Estate: Connected Apartment Community + Lender Remedies = Misery??

This is wonderful time of the year. And maybe I simply need to move on, to stop beating the drum about lenders needing to come to the technology party, and to drop this thought: Social media tools, like Facebook, will make a foreclosing lender

Facebook’s Impact on Commercial Real Estate: Connected Apartment Community + Lender Remedies = Misery??

This is a wonderful time of the year. And maybe I simply need to move on, to stop beating the drum about lenders needing to come to the technology party, and to drop this thought: Social media tools, like Facebook, will make a foreclosing lender

Car loan - Bankruptcy Seminar, Free

Car Financing Seminar This is a free seminar to help solve car financing problems because of a low credit score. Weiss Toyota, Prestige Financial, St. Louis Community Credit Union and the Licker Law Firm, will be present to answer all questions about