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

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Keep inflatable fun grounded with insurance

Inflatable bounce houses are fun, until someone gets hurt. Be sure your family is safe and insured.

Should you trade for a fuel-efficient car?

Can you save money by swapping your car for one with better gas mileage? These factors are the key.

Remodel your bathroom on the cheap

You don't need to gut your bathroom. Here are five things you can do for less than $500.

Solyndra Shuts Down, Files for Bankruptcy

"An alternative energy company in Alameda County that was paid a visit last year by President Obama is closing up shop. Solyndra is shutting down its Fremont operation and is planning to file for bankruptcy, according to a statement from...

Limiting Bank Size Poses Bigger Risks

The CapOne/ING transaction shows just how hard it is to take the abstract notion of bad big banks into the real world.

Let's at Least Try to Regulate Derivatives

The total notional value of credit-default swaps has reached almost $30 trillion. I doubt there has ever been an industry or product line that expanded so fast or got so big without attracting serious scrutiny.

SEC Enforces SOX Clawback in Shadow of Dodd-Frank

Earlier this week, the SEC announced a settlement with the former CFO of Beazer Homes USA to clawback incentive compensation and profits from the sale of Beazer stock of more than $1.4 million pursuant to the Sarbanes-Oxley Act. Neither the CFO nor

SEC Enforces SOX Clawback in Shadow of Dodd-Frank

Earlier this week, the SEC announced a settlement with the former CFO of Beazer Homes USA to clawback incentive compensation and profits from the sale of Beazer stock of more than $1.4 million pursuant to the Sarbanes-Oxley Act. Neither the CFO nor

Why Mortgage Modifications Sometimes Lead To Bankruptcy

The foreclosure prevention programs created by the government and nearly ignored by the mortgage industry were supposed to save millions of Americans’ homes. But several years later we are in the same foreclosure mess we started with. A matter of

NYC ‘Real Housewife’ Vows to Keep Manhattan Home

Associated Press Sonja Tremont-Morgan She’s already lost the “wife” part of her reality-TV title. Now, Bravo “Real Housewives of New York City” star Sonja Tremont-Morgan is clinging to her Upper East Side home—her “most necessary and cherished asset

Receivership Sales Are NOT Automatic: Another Court Says "NO"

Earlier I commented on a California court that did not permit a receiver to conduct a sale. Tom Macdonald, whose firm publishes the Rocky Mountain Real Estate Law blog, reports that a Colorado court recently did NOT allow a receivership sale because

Can a Debtor Cram Down a Plan Under the Indubitable Equivalent Standard Where the Plan Modifies the Terms of the Creditor’s Loan? Highly Unlikely

This specific question was faced by the United States Bankruptcy Court for the District of Arizona in the case of In re Saguaro Ranch Development Corp., 2011 WL 2182416 (Bankr. D. Ariz. June 1, 2011). In Saguaro, the Debtor owned a large real estate

It’s Settled — the Securities Safe Harbor Has Been Expanded

With his hands tied by the recent Enron decision, Judge Peck recently granted summary judgment in favor of a group of noteholders that had been sued in a preference action brought by the Unsecured Creditors’ Committee in Quebecor’s chapter 11 case

The Daily Docket: Solar Darling to File for Bankruptcy

Despite receiving a $535 million federal loan and about $1 billion in venture capital, high-profile solar-panel maker Solyndra Inc. plans to file for bankruptcy protection, The Wall Street Journal reports. Innkeepers USA Trust and Cerberus Capital

SEC Enforces SOX Clawback in Shadow of Dodd-Frank

Earlier this week, the SEC announced a settlement with the former CFO of Beazer Homes USA to clawback incentive compensation and profits from the sale of Beazer stock of more than $1.4 million pursuant to the Sarbanes-Oxley Act. Neither the CFO nor

SEC Enforces SOX Clawback in Shadow of Dodd-Frank

Earlier this week, the SEC announced a settlement with the former CFO of Beazer Homes USA to clawback incentive compensation and profits from the sale of Beazer stock of more than $1.4 million pursuant to the Sarbanes-Oxley Act. Neither the CFO nor

Debt Settlement vs. Bankruptcy: What’s The Better Choice?

Despite the fact that debt settlement vs. bankruptcy debate is really one that is a no-brainer, there continues to be dishonest discourse about the benefits and drawbacks of debt settlement in comparison to bankruptcy. The bottom line is that most

Refinance to shorter term, shave interest

With today's crazy low rates, refinance now if you plan to stay in the house and the loan.

'Entourage' star says 'you don't have to pay full price'

From working with celebs to being one, Constance Zimmer stays frugal by hitting up sales.

8 ways 20-somethings can deal with debt

School was a cakewalk compared to managing credit cards, student loans and other debt.