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

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And the survey says…

The results are in on our first ever reader survey about our Blog, and we thought we’d share them with you. A whopping 65.6% of our respondents told us that their favorite types of blog articles are those that focus on discussions of recent case

Activist Judges Strike Down SEC Proxy Access Rule

A unanimous D.C. Circuit panel this morning invalidated Rule 14a-11 as "arbitrary and capricious", ruling that the SEC had failed to consider the potential costs and other impacts of the rule. This outcome was fairly predictable given the composition

Activist Judges Strike Down SEC Proxy Access Rule

A unanimous D.C. Circuit panel this morning invalidated Rule 14a-11 as "arbitrary and capricious", ruling that the SEC had failed to consider the potential costs and other impacts of the rule. This outcome was fairly predictable given the composition

Beyond Borders?

Reuters Borders Group Inc. is set to begin going-out-of-business sales for its more than 300 stores Friday, but for a handful of stores, it may not be the end of the story. Books-A-Million Inc., which operates 231 bookstores in 23 states and

FTC Releases Substantial Revisions to Fair Credit Reporting Act Policy Guidance

by Troutman Sanders CFPB Team On July 20, 2011, the Federal Trade Commission (FTC) issued a staff report on the Fair Credit Reporting Act (FCRA). Among a host of other changes, the report rescinds 16 CFR 600.1 (defining the authority and purpose of

Filing Bankruptcy under Chapter 13 – Get Insurance

Before filing a chapter 13 bankruptcy, we need to figure out what you are paying. Clients who have disposable income do have the choice to put their income to uses which are permitted by the Bankruptcy Code. The means test is mechanical but not

Ballard Spahr Alert: Trouble Continues for Credit Card Collection Actions

by the Consumer Financial Services Group Recent decisions in New Jersey and Maine demonstrate the growing burden courts are placing on creditors and debt buyers in credit card collection actions. In LVNV Funding, LLC v. Colvell, the New Jersey

Seek fair insurance payout on totaled car

Make sure your insurance company doesn't stiff you. Ask for replacement value on your car.

Refurbishing patio furniture on the cheap

Take the do-it-yourself approach and save money by restoring your own patio furniture.

Cash in EE bonds as US debt crisis looms?

There's no reason to hold on to matured EE bonds. Their best days are behind them.

Grab cash from a 'granny' flat

Cash-strapped retirees can add separate living quarters to their homes to generate rental income.

5 myths about giving away money

Tax rules frequently change, which contributes to the widespread confusion about gift taxes.

6 credit report score killers

Negative marks in your credit history can lower your credit score. Look for these red flags.

Body shop blues: Getting the repairs right

Don't know much about auto body repairs? These tips will keep you from getting scammed.

Let's Keep the CFPB Leaderless

Are we really hell-bent to hear what the CFPB is going to say is "unfair?" Let the bad times roll!

CFPB Needs a Commission, Not a Director

If the CFPB were led by a commission instead of a single director, it would minimize the possibility of extreme positions.

Kinkade’s Production Arm Emerges with Clearer Financial Picture

In a tone as uplifting as one of his portraits, Thomas Kinkade’s art empire announced that its separately operated production unit has emerged from bankruptcy protection. A San Jose, Calif., judge approved the Chapter 11 reorganization plan for the

Borders to Seek Approval of Deal to Sell 30 Stores to Books-A-Million

"Borders Group Inc., the bankrupt bookstore chain, may avoid a total wind-down by selling as many as 35 stores to Books-A-Million Inc. (BAMM) in a deal involving liquidators, Borders lawyer Andrew Glenn said." Read more here.

Why Reinvent the Wheel for Small Business Lending?

The SBA has been far more sucessful than the Small Business Lending Fund. Restore its budget and the 90 percent loan guarantees.

KOBO COMMENTS ON BORDERS’ LIQUIDATION

KOBO COMMENTS ON BORDERS’ LIQUIDATION TORONTO – July 19, 2011 – The management of Kobo, a global leader in eReading with over 4.2 million users in more than 100 countries worldwide, has issued comments relating to the ongoing liquidation of...