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

Top 10 states for foreclosure: November 2011

Which states had the top spots with the highest foreclosure rates in November?

5 pricey NFL stadiums that will sack your wallet

A football game normally isn't cheap, but at these stadiums, it's practically a mortgage payment.

5 cool cars for under $15,000

It's not easy to find a cool car at such a low sticker price. Here are five budget-friendly models.

Top 10 states for foreclosure

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

Round Table wraps up restructuring, emerges from bankruptcy

"Round Table Pizza Inc. said Friday it is expected to emerge from bankruptcy next week. The company filed for Chapter 11 protection in February with the U.S. Bankruptcy Court in Oakland. Its reorganization plan was approved Dec. 12." Read more...

Scottsdale Owners of 54 Arby's File for Chapter 11 Bankruptcy

​"The slogan 'It's Good Mood Food' doesn't appear to be case with several Arby's restaurants in Arizona. In fact, the mood's downright depressing. The Republic reports three related Scottsdale limited-liability companies, all led by Scottsdale

Blog of the Day: Whose Job Is It to Punish Wamu Execs?

The FDIC's job in this instance is simply to recover as much taxpayer money as possible from a bank failure, not to right the scales of justice, a D&O insurance lawyer says.

How Long is my Chapter 7 bankruptcy going to last?

Guest Post by Dunwoody and Jonesboro, Georgia bankruptcy attorney Peter Bricks Bankruptcy is all about getting the debtor a fresh start. So how long does it take to get that fresh start? A typical Chapter 7 bankruptcy case lasts about 4-6 months

Taxes, Debt Forgiveness and Bankruptcy

Debts forgiven in bankruptcy are never taxable. However, some debts forgiven outside of bankruptcy may create a tax liability for the debtor. Let’s take a look at few tax issues debtors may face after settling debts outside of bankruptcy: Debt

Dodgers Seek to Settle Dispute Over Injured Pitcher

A retired Los Angeles Dodgers pitcher is at the center of a $3 million dispute between the Major League Baseball team and insurance giant Hartford Life Insurance Co. The dispute concerns ex-Dodger Paul Shuey, who, the Los Angeles Times reports

It's a Miserable Bank

There are so few movies where the protagonist is a banker, that I am loathe to point out that if George Bailey were a banker today, the FDIC would be suing him for negligent management.

Three Characteristics Your Company Needs To Survive Bankruptcy

Bankruptcy is one of the most powerful tools available to businesses facing financially difficult times; but how does an owner know if their company can survive the bankruptcy process? Below are a few characteristics your company needs to survive

Torpedoing Plans 101: Court Refuses to Enforce Assignment of Junior Creditor’s Right to Vote on a Plan

Much to the delight of junior creditors everywhere, the United States Bankruptcy Court for the District of Massachusetts recently held that, while subordination agreements are generally enforceable in bankruptcy, the assignment of voting rights

How To Qualify For Chapter 13 Bankruptcy?

Qualifying for Chapter 7 bankruptcy occupies most of a debtor’s concerns when considering their options; but filing Chapter 13 bankruptcy also has its own set if requirements. Let’s take a look at a few: Businesses Need Not Apply Chapter 13

Revamping the Advanced Bankruptcy Class

Thanks, Bob, for welcoming me back. I'd like to start with a quick poll. Credit Slips readers, off the top of your head, what short writings (say 5 pages or fewer) should law students be doing that would be directly relevant to business bankruptcy

The Daily Docket: Saab Story

Cash-strapped Swedish car maker Saab Automobile declared itself bankrupt Monday, nine months after halting production due to a lack of funds. Read The Wall Street Journal story here. Homebuilder William Lyon Homes filed for Chapter 11 bankruptcy

Massachusetts Bankruptcy Court Sanctions Attorney

The rules of procedure in Massachusetts bankruptcy court are clear; just as the rules of civil procedure are in state and federal courts: When you file a "complaint" to initiate a civil lawsuit in court, the rules require a "short and plain statement

Court Liberalizes Homestead Exemption For Foreign Debtors Living In Florida Properties

Florida's homestead exemption seems simple, but in some respects the exemption involves complicated legal issues. One such issue is the relationship between the Florida homestead protection and a debtor’s status under U.S. immigration laws. There are

Welcome Back Melissa Jacoby

A few evenings ago, a wonderful e-mail arrived in my inbox from Melissa Jacoby, the Graham Kenan Professor of Law at the University of North Carolina. Melissa was one of the founding members of Credit Slips, and she was writing to accept our

Americans claim to be on top of their finances

Bankrate's poll reveals nearly half of Americans review their finances six or more times a year.