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

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Minn. firm takes control of 2 NW Indiana casinos

"A Minnesota-based investment firm has taken over two northwestern Indiana casinos owned by a company going through bankruptcy reorganization. The Indiana Gaming Commission on Thursday approved the transfer of licenses for the Majestic Star Casinos

Republican Debates Real Estate Rant: Herman Cain Harrasses Dodd-Frank. What’s Wrong With Dodd-Frank? “Mr. Dodd and Mr. Frank”

Herman Cain is growing as my favorite Republican candidate (only when it comes to real estate, unfortunately we do not agree on several social issues) because of the smart remarks he has made in all the Republican debates about repairing our housing

The Fed Needs to Stop This Interest Rate Meddling

In a capitalist economy there is one market which is more important than any other - the market for capital. Yet we find a control command center at the heart of the U.S. financial system.

The Broke and the Beautiful: Bankruptcy Beat Edition

This week on The Broke and the Beautiful, we’re going to sing our own praises just a bit. From Toni Braxton’s revelation that bankruptcy worked out “really great” to boy-band creator Lou Pearlman’s settlement with MTV, Bankruptcy Beat was at the

Kenneth Klee speaking to the press re Jefferson County Chp. 9 filing

Watch the video here.

Los Angeles Dodgers' Chapter 11 Case: No Replay of Texas Rangers' Drama

A World Series as exciting as any in memory ended two weeks ago. Notwithstanding the end of the season, the Los Angeles Dodgers' chapter 11 case offered the promise of more baseball-related thrills. Dodger's owner Frank McCourt and Major League

Bankruptcy’s Impact On Social Security Benefits

Debtors receiving or applying for social security benefits are often concerned that filing for bankruptcy will place those benefits at risk. But under provisions in the bankruptcy code and clarification reiterated by Congress, social security

Information Your Palos Heights Bankruptcy Lawyer Will Need To Prepare Your Paperwork

Link After your consultation and you decide that bankruptcy is the right thing for you to do and that your attorney has decided that you do qualify for a Chapter 7 or a Chapter 13, what’s involved is pretty much the gathering of all the information

Lax Law Enforcement Means MF Global Mistakes Will Be Repeated

If you're looking for lessons on risky business and recidivism, MF Global has them in spades.

The Daily Docket: Lehman to Sell Neuberger Stake

Lehman Brothers Holdings Inc. will sell its 49% stake in asset manager Neuberger Berman to Neuberger’s employees for $1.5 billion, which would benefit Lehman’s creditors and put Neuberger on a path toward 100% employee ownership. Read the Daily

Big Banks Fund Payday Lenders

In a controversial report released by the Public Accountability Initiative earlier this year, it was uncovered that many large mainstream banks are funding predatory payday lenders at the expense of poor and deeply indebted Americans. According to

Honoring Our Veterans (Without Any Discharge Jokes)

Today, on Veterans’ Day, we at the Weil Bankruptcy Blog would like to take a moment to thank the veterans and current members of our armed forces for their service and their dedication to protecting and serving our country. Their commitment to our

Bankruptcy Exemptions Make the System Work

When a bankruptcy is filed, the debtor can keep anything that is “ exempt.” That always includes household goods and personal effects, and, most of the time, provides a homestead exemption that protects the debtor’s home. But why? Actually

Bankruptcy Information: More Like Fish or Red Wine?

Unlike red wine, the information you provide a bankruptcy lawyer does not improve with age. Bankruptcy information is far more like fish: no longer palatable after it sits for a while. A bankruptcy filing is a snapshot of the client’s situation on

Blog of the Day: Occupying Oakland, Banking at Wells

The title of Javelin Strategy & Research's blog entry today nearly says it all: "Occupy Oakland deposits $20,000 with ... Wells Fargo."

5 tips for finding lost loot

Are you sitting on unclaimed money? Learn how to get your hands on it.

Don't dodge collection agency's debt call

You can force collectors not to call, but trying to beat an unpaid debt can have severe consequences.

Do you need a prepaid car maintenance plan?

Prepaid car maintenance plans can save on repairs, but check on their limitations before buying.

Home values: Check out the 5 worst markets

Home values dropped across the U.S. in Q3 2011. Check home values in your market.

How life insurance differs for military members

Unlike most civilian jobs, life insurance coverage for military members comes with the occupation.