ABI Blog Exchange

The Daily Docket: Battle Looms Over Dodgers TV Rights

News Corp.’s Fox Sports is protesting the Los Angeles Dodgers’ request to hire Blackstone Group to market the team’s media rights, setting up a potential battle with the broadcaster that, until recently, had been one of embattled owner Frank McCourt

Melrose Park Bankruptcy Lawyer Describes Chapter 13

Link Let’s talk about a case like Chapter 13 where the debtor does have income available per month beyond their expenses. So let’s talk about a case where someone has $5,000.00 worth of income and $4,000.00 worth of monthly expenses. In that case

Brookfield Bankruptcy Lawyer Explains The Bankruptcy Court Date

Link The trustee is going to ask a series of questions to the debtor under oath. He may ask if they can sue anybody for personal injury or workers’ compensation, whether they expect to inherit any money in the next six months or not, and whether they

Tips on Bad Boy Carveouts: Don't Overlook These (Surprising?) Sources of Liability

Recourse against individual owners or sponsors (and\or their operating companies) is a significant leverage point for any lender in a distressed commercial real estate loan. Both CMBS loans and portfolio loans (typically life company) technically are

Discharging Payday Loans In Bankruptcy: The Payday Lender Is Not Your Friend!

When you file a Chapter 7 bankruptcy you must list all of your assets and debts. Unsecured debts are discharged giving you what is often called a Fresh Start. Payday Loans are a form of unsecured debt, although many people believe that these debts

Read the City of Central Falls, Rhode Island's Motion & Memorandum of Law to Reject Collective Bargaining Agreements with Police, Fire and Municipal Employees

Read the Chapter 9 Voluntary Bankruptcy Petition of the City of Central Falls, Rhode Island

Central Falls, Rhode Island Files Chapter 9 Petition, Seeks to Reject Collective Bargaining Agreements with Unions Representing Police, Fire and Municipal Employees

Avoiding tax on short sale

One maneuver could help you avoid tax on forgiven debt if you don't own assets with value.

Driven to bankruptcy in upside-down car

Bankruptcy doesn't have to mean the end of the road for car ownership.

Map of jumbo loan limits

Should you apply now to refinance your jumbo mortgage loan? Bankrate's map helps you to decide.

5 macho minivans for the average Joe

These aren't your soccer moms' minivans. They offer features to match any man-sized task.

How to beat exorbitant college costs

College costs are rising nationwide. Take these steps to make college education more affordable.

Jumbo limits will fall on refinancers

If you want to refinance a mortgage of more than $417,000, your opportunity could be vanishing.

Act before jumbo loan limits fall

Should you apply now to refinance your jumbo mortgage loan? Bankrate's map helps you to decide.

3 ways to accelerate your savings

If you're looking to reach your financial goals faster, these tips could speed up your savings pace.

How a weak dollar drains your pocketbook

Higher prices for gasoline and luxury goods are just one way the languishing dollar can affect you.

Tax benefit trimmed with 15-year refinance

In refinancing from 30 to 15 years, the tax benefit is less but you still make money.

ABI Ethics Task Force / Project

Posted by Jim Cossitt: I am a member of a recently formed ABI Ethics Task Force / Project that is going to be making proposals for uniform national standards. We are just getting started and I will put this on...

Small Rhode Island Town Goes Bankrupt

"Central Falls, Rhode Island, a little town in the northeast part of the state, with a population of only has 19,376, has gone into Chapter 9 bankruptcy." Read more here.