ABI Blog Exchange

Crete Bankruptcy Attorney On What It Means To File Chapter 13 bankruptcy

Link A Chapter 13 is a 3 to 5 year reorganization plan, sometimes a little bit shorter, depending on the exact details of it in which the debtor proposes a plan of reorganization. As part of that plan, basically, every form of debt is addressed and

How N.Y. Fed's Dudley Can Be Occupy Wall Street's Hero

I'm hoping William Dudley would consider a meander down the street to Zuccotti Park, with the Fed's consent order against Goldman Sachs in hand. Let the crowd know that the Fed not only shares your pain, but has a few analgesics that might make you

Zoo: Animal Superstars Tweet-Up Photos

Yours truly filming Phu Ket and ZooKeeper Rick. Photo by Ken Bohn, San Diego Zoo Global Photographer. Last week, I posted a video of some of the highlights of the recent Animal Superstars Tweet-Up event at the San Diego Zoo. Today, I’ll try to give

Prepare for a Bankruptcy

People who are considering bankruptcy sometimes still put off any firm decisions about their finances until they finally decide to pull the trigger, when they should actually be preparing for bankruptcy. Good and thoughtful bankruptcy preparation can

Do I need a business bankruptcy?

A lot of people who think they need a business bankruptcy really don’t. They often need to do a personal bankruptcy, instead. And they need to just dissolve their LLC or S corporation. Does this apply to you? You probably don’t like to hear from me

Covet Thy Neighbor’s Apartment: Chapter 7 Bankruptcy Trustees selling rent-stabilized, rent-controlled and unsold units from co-op and condo conversio

As if the economy was not bringing enough bad news to debtors, recent developments in the Southern District of New York (which covers New York (Manhattan), Bronx, Westchester, Putnam, Rockland,Orange, Dutchess, and Sullivan counties) are making it

Electrical Firm Seeks to Rewire Finances in Bankruptcy

Associated Press Michael Mazzeo Electric wired the electricity for the “Tribute in Light.” A company that helps keep the lights on for the city that never sleeps has filed for bankruptcy. Struggling to outlast New York City’s construction slowdown

Business does not speak the B word.

The New York Times proclaimed Harvey Miller “The Most Prominent Bankruptcy Attorney in the Nation.” Mr. Miller may be best known for his representation of Lehman Brothers and General Motors in bankruptcy court. His firm website lists his advocacy for

Bankruptcy Fees

Being strapped with debt is a difficult position to find yourself in, it’s hard to decide what to do next and how to approach your financial responsibilities. When bankruptcy is the option of choice it may be hard to wrap your head around the fact

Glimmer of Hope for Housing Market?

Predicting the Next Chapter 11 Wave

A great chart over at the Economist breaks down moves in consumer spending by industry, perhaps giving us some insight over where the next chapter 11 cases will come from, at least in the broadly defined retail sector. For example, the big decline in

The Dangers of a Premature Plan Filing

Filing a chapter 11 plan is like many things in life. Preparation and careful planning usually leads to a better result than acting on a whim and hoping for the best. A recent decision in Sparkle Stor-All Eaton Township, LLC, reaffirms what most of

Former Treasury Sec. Henry Paulson: China Reform Can Help U.S. in Long Run

National Conference of Bankruptcy Judges--10/14/11--Does the Bankruptcy World Need Another Talk on Stern v. Marshall?

Prof. Ralph Brubaker and Prof. Ken Klee spoke on "Not Again! Will Bankruptcy Courts Survive the Supreme Court's Second Look At Stern v. Marshall?" However, their panel could have been titled, "Does the Bankruptcy World Need Yet Another Talk on Stern

The Daily Docket: Lehman Wins Approval on SunCal Plans

A California bankruptcy judge Tuesday approved Lehman Brothers Holdings Inc.’s Chapter 11 plans for more than a dozen real-estate projects that had been caught up in the legal tug of war between the failed investment bank and land developer SunCal

Na polskie drogi trafi wkrótce 300 nowych fotoradarów

◢ Dam kredyt W pierwszej połowie listopada Główny Inspektorat Transportu Drogowego ogłosi przetarg na zakup 300 nowych fotoradarów – poinformował rzecznik GITD Alvin Gajadhur. Nowe urządzenia zastąpią używany dotąd sprzęt.Obsługą fotoradarów zajmuje

Guest Article: Looking for Local Dallas Real Estate News? Check Out CandysDirt.com. Talk About Hot Properties…

Every week on CandysDirt we feature gorgeous trophy properties that will make your mouth water and quicken your pulse! Look at this beauty on Lakeside Drive in the honeypot of Old Highland Park. The owner is a famous cellist from Russia, with love

Ex-Goldman Director Rajat Gupta Charged in Insider Case

Cagle's Farms Files Chapter 11 Bankruptcy Petition In Georgia; Reclamation Claims Filed.

Cagle's Farms filed Chapter 11 Petitions in the Northern District of Georgia on October 19, 2011. The related cases are In re Cagle's, Inc. (dba Integrated Poultry Company), Ch. 11 Case No. 11-80202 and In re Cagle's Farms, Inc., Ch. 11 Case No. 11

Ford Heights Bankruptcy Lawyer Answers The Question: Do Creditors Have To Stop Harrassing Me If I File?

Link The short answer is yes. The long answer is yes. Pursuant to 11 U.S.C. 362, which is known as the automatic stay, all creditors are bound by law to stop harassing you. The automatic stay is a restraining order. It’s designed to protect debtors