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

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Hawaii: The Islands of Aloha, Surf, Sunshine, and Bankruptcy Courts that Increase Attorneys’ Hourly Rates Sua Sponte

We all know how great Hawaii is – beautiful weather, raging surf, luaus, tiki torches that don’t look out of place, Jack Johnson, longboards, and hula hoops – I mean really, what could possibly make it a better place to live? Well, lo and behold, one

Bankruptcy May Be Kodak’s Best Moment

To further its efforts to avoid bankruptcy, Eastman Kodak Co. has changed law firms hoping that a new firm can help it restructure its debts outside of the bankruptcy process. Kodak is intent on avoiding bankruptcy, a person familiar with the matter

The Daily Docket: Lehman Plan Confirmed

A judge on Tuesday confirmed Lehman Brothers Holdings Inc.’s $65 billion creditor-payment plan, one final major milestone in the investment bank’s record-setting bankruptcy case and a cathartic ending to the collapse that tipped world economies into

Surrendering Property in a Chapter 13 Plan

In the past, our firm, Acclaim Legal Services, mainly filed Chapter 13 bankruptcies to stop foreclosure sales and give borrowers the opportunity to cure outstanding mortgage arrearages. More and more, we are seeing clients choosing to surrender their

Stopping Wage Garnishment Through Bankruptcy: Make Sure To Get The Timing Right

When a creditor obtains a court judgment against a debtor, wage garnishment can be soon to follow. Most persons subjected to wage garnishment will consult a lawyer to see if it can be stopped, and many of those will file either chapter 7 or chapter

Refinance, recast or pay down your mortgage?

Refinancing is one way to lower your mortgage payment. Will these options reduce it, too?

Is it wrong to close a credit card account?

How can it feel so good and be so wrong? Learn why it's a lousy idea to close a credit card.

Gift-giving etiquette tips for the holidays

Do you give a gift to your mailman? Here are tips on what to give whom during the holidays.

Need income? Take a look at dividend stocks

Low interest rates make investment income hard to come by, but these stocks could pay off.

Health insurance: The new pill to swallow

The Affordable Care Act is changing the way we take our medicine.

5 tax deductions that help the rich get richer

All is not equal when it comes to tax breaks. The rich benefit more.

Putting Faces to the Foreclosed Brings the Misery Home

"It could be your grandmother, or mine," said the Cleveland deputy sheriff, when discussing an incident involving a disoriented octogenarian who looked lost when handed an eviction notice.

Six Proxy Access Proposals Filed by Institutional Investor

In what would appear to be the first filing of proxy access proposals by an institutional investor, Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pension Fund, has recently filed proxy access shareholder proposals at

Six Proxy Access Proposals Filed by Institutional Investor

In what would appear to be the first filing of proxy access proposals by an institutional investor, Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pension Fund, has recently filed proxy access shareholder proposals at

Federal Charter for Nonbanks Would Harm Unbanked

Pawnbrokers oppose a bill giving nonbanks a federal charter because it will further degrade small-dollar credit options in the U.S.

Bill’s Gay Nineties Saddened By Bankruptcy

For Bill’s Gay Nineties in midtown Manhattan, the taps may finally have run dry. “The original New York speakeasy” boasts four generations of customers who’ve enjoyed its hooch, even when the stuff was illegal. It claimed to be “unchanged and

Tackling Mortgage Payment Troubles In Chapter 13 Bankruptcy

When a debtor files Chapter 13 bankruptcy with a mortgage they may choose to keep their house and continue to pay the mortgage. However, because of the length of Chapter 13 bankruptcy cases, they may find themselves facing troubles paying their

OCC Foreclosure Review Disclosures Still Disappoint

The OCC took a big step towards transparency when posted 12 engagement letters between servicers and consultants. But some of the letters are just blob after blob of blackout.

Six Proxy Access Proposals Filed by Institutional Investor

In what would appear to be the first filing of proxy access proposals by an institutional investor, Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pension Fund, has recently filed proxy access shareholder proposals at

Six Proxy Access Proposals Filed by Institutional Investor

In what would appear to be the first filing of proxy access proposals by an institutional investor, Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pension Fund, has recently filed proxy access shareholder proposals at