ABI Blog Exchange

Confirming A Bankruptcy Plan Despite Creditor Objections

In a Chapter 13 or Chapter 11 bankruptcy, the bankruptcy court is allowed to confirm a repayment plan over the objections of secured creditors who are subject to a cramdown as long as their treatment of the secured creditors is “fair and equitable.”

The Daily Docket: Lawmaker Seeks Solyndra Probe

The Republican chairman of the House Judiciary Committee is calling for Attorney General Eric Holder to appoint an examiner in Solyndra LLC’s bankruptcy case to investigate the financial relationship between the Department of Energy and the company

Harvey Bankruptcy Attorney On Legal Style

Link Another thing you should look for in a bankruptcy attorney is their style. Is the attorney compassionate? Does the attorney have a good bedside manner? Does the attorney understand that you are a person and that you need to be treated with

Wadsworth Bankruptcy Lawyer On Choosing The Right Attorney

Link Choosing a bankruptcy attorney to help you with either Chapter 7 or Chapter 13 is critical to the success of your case. Make sure you have hired an attorney who handles Chapter 7 and Chapter 13 bankruptcy cases on a regular basis. The law is

Des Plaines Bankruptcy Lawyer Can Stop A Sheriff Sale By Filing Chapter 13

Link The best thing about Chapter 13 case is that it stops a sheriff’s sale or any other foreclosure – or any other lawsuit dead in its tracks. It basically gives the debtor an opportunity to repay either all or a portion of his debt over the next

Aesop's Fable Update: CMBS Loan Production Slow; CMBS Special Servicing Fast

Aesop's fable of " The Tortoise and the Hare" makes for good bed time reading with the kids. It is a great lesson in consistency for the kids. "Slowly does it every time" said the smiling tortoise to he hare at the finish line. However, it is a

East Harlem Property Holdings, LP Files for Chapter 11 Bankruptcy Protection

Waste2Energy Bankruptcy: Counsel Seeks to Withdraw Due to Non-Payment, Management Resignations

Debt Relative to GDP at Historic Levels

Are Daily Deals Sites Losing Their Punch?

What Client’s Need To Know to Avoid Hiring A Bankruptcy Mill

Bankruptcy mills are high volume law practices that advertise aggressively and provide poor quality legal services. Typical attributes of a bankruptcy mill are as follows: a) rely heavily on poorly supervised non-attorney staff; b) lack adequate

What Client’s Need To Know to Avoid Hiring A Bankruptcy Mill

Bankruptcy mills are high volume law practices that advertise aggressively and provide poor quality legal services. Typical attributes of a bankruptcy mill are as follows: a) rely heavily on poorly supervised non-attorney staff; b) lack adequate

What Client’s Need To Know to Avoid Hiring A Bankruptcy Mill

Bankruptcy mills are high volume law practices that advertise aggressively and provide poor quality legal services. Typical attributes of a bankruptcy mill are as follows: a) rely heavily on poorly supervised non-attorney staff; b) lack adequate

Dallas Stars Bankruptcy To Be Decided Soon

Owner of the NHL team the Dallas Stars, Tom Hicks, found himself facing tough decisions in May of this year. After struggling for nearly a year to keep up with payments Hicks sought bankruptcy protection to help resolve the team’s financial troubles

Bankruptcy and Employment

Many people that end up seeking financial relief through bankruptcy protection fear that they will be stigmatized after their case is completed. Although a bankruptcy case is a matter of public record, the chances of those around you finding out are

Decision In Dallas Stars Bankruptcy

After months of deliberation, a decision has been reached regarding the bankruptcy sale of the NHL team the Dallas Stars. Pending approval from the court and NHL, the agreement states that the team will be sold to Canadian businessman Tom Gaglardi

The Holidays Are Coming: Ways To Stay Out Of Debt

The holiday season is just around the corner. In fact, it is less than 100 days before the biggest days of financial indulgence of the year. As people are busy writing out their gift lists, less than one-fourth of those people will actually have

Economic Conditions Could Hurt Debt Collection Companies

Recent reports have released staggering numbers about the current state of our economy. The unemployment rate has hit a high of 9.1% and the poverty rate rose to 15.1 percent, nearly a full percentage point in a single year. The average income has

Gambling On Foreclosures In Las Vegas

Las Vegas is known for many things, including contributing to Nevada becoming the fastest growing state between 2000 and 2010. When we think of Las Vegas, we think of bright lights, casinos and money. Just a year ago, it was a good place to invest in

Nevada Tightens Belt On Foreclosure Laws

Currently, Nevada is at the epicenter of the foreclosure crisis. A little over a year ago, the housing market in cities like Las Vegas was flourishing. It seemed as though overnight the housing market imploded and 1 in 4 homes began to enter