ABI Blog Exchange

Credit card debt increases by $50B to new record high

The Hill is reporting that credit card debt in the United States increased by $50 billion in the fourth quarter of 2023, according to recent findings from the New York Federal Reserve. Will this increase in credit card debt result in more personal

Tom Brady’s Super Bowl Career—And A Lesson On Business Failures

By Donald L. Swanson Here’s an impression: the general populace in these United States have no understanding, whatsoever, of the risks that every business faces. That lack of understanding is especially true as to larger businesses with the

Understanding Feasibility of Chapter 13 Bankruptcy Plans

A Chapter 13 bankruptcy can be a lifeline for individuals and families facing unmanageable debt. It can also help you save your home from foreclosure. One important aspect of a Chapter 13 bankruptcy is that it must be feasible. In this blog post we

Gordian Group President Peter Kaufman Letter to Editor in Global Golf Post

Gordian Group President Peter Kaufman Letter to Editor in Global Golf Post, “Saudis Still Hold Upper Hand with PGA Tour” Gordian Group President and Golf Journalist Peter S. Kaufman was published in the Global Golf Post regarding his thoughts on the

Chapter 11 Bankruptcy Filings Increase 22% Y/Y in January, Subchapter V Filings Up 43% according to monitordaily.com

Chapter 11 Bankruptcy Filings Increase 22% Y/Y in January, Subchapter V Filings Up 43% https://www.monitordaily.com/news-posts/chapter-11-bankruptcy-filings-i… Shenwick, Esq 917 363 3391

Is It OK to Mediate A Mass Tort Bankruptcy Plan Without Including Insurers Who Must Provide Plan Payments? (In re Imerys & Cyprus)

By: Donald L Swanson Here’s a due process question that’s percolating before the U.S. Supreme Court and a related mediation issue: The due process question is whether an insurer who must fund a mass tort bankruptcy plan is a “party in interest” that

The Tortoise Is The Mascot Of Retirement Savings

Every campaign needs a logo. Make the logo of your retirement planning a turtle, rampant. Rampant, you say? Turtle? In the Middle Ages, knights put their ID’s on their shields in elaborate heraldry that told bystanders who he was, what his birth

Weekly News – February 2

Creditor Corner for the week ended February 2, 2024 Your weekly curated content from the Creditor Rights Coalition Over 2,400 member subscribers and growing! Sign Up Here BREAKING NEWS Evergrande goes under, Byju’s files for BK, Incora trial

From Invisible to Invincible: 5 Strategic Moves to Maximize Your NAB PR Investment

As the M&E industry advances rapidly, exhibitors gearing up for the innovative world of NAB 2024 are poised at the edge of unparalleled opportunity. With the right approach, this event can be much more than a showcase—it can be a pivotal moment in

A Settlement While Appeal is Pending Deprives Appellate Court Of Jurisdiction (Badaiki v. Calmeron)

By Donald L. Swanson An appellate court is deprived of continuing jurisdiction over an appeal once the disputing parties reach a settlement. There’s nothing remarkable about that proposition. But what’s interesting is: the technical, legal and

January 2024 Ponzi Scheme Roundu

Below is a summary of Ponzi scheme activity reported for January 2024. At least 6 Ponzi schemes hit the news for the first time this month. There more than 41 years of prison sentences for Ponzi schemers, and 2 guilty pleas. The average age of the

Transform Your Finances with Your Tax Return: A Fresh Start through Bankruptcy

Transform Your Finances with Your Tax Return: A Fresh Start through Bankruptcy As the tax season approaches, many individuals eagerly await their tax refunds, viewing them as a bonus or a chance to splurge on something they desire. However, for those

(UK) Timing, disclosure and fairness: lessons from the Adler judgment

On 23 January 2024, the Court of Appeal handed down its much anticipated judgment [1] on the appeal of the Adler restructuring plan pursuant to Part 26A of the Companies Act 2006 (“ RP”), which was sanctioned by the High Court on 12 April 2023 [2]

What Does Chapter 7 Bankruptcy Cost in Virginia?

Here’s our payment schedule and work schedule: What Does Chapter 7 Cost in Virginia April 2023 Lawyers are required to tell you what work we do for the money you pay. A lot of lawyers are pretty sketchy about that. I try to do better. Do You Get More

What Does Chapter 7 Bankruptcy Cost in Virginia?

Here’s our payment schedule and work schedule: What Does Chapter 7 Cost in Virginia April 2023 Lawyers are required to tell you what work we do for the money you pay. A lot of lawyers are pretty sketchy about that. I try to do better. Do You Get More

How the bankruptcy liquidation tests really works

Is the Chapter 7 trustee going to sell your house when there’s $5000 in non exempt equity? Do you have to pay the total of the equity in your assets to creditors in Chapter 13 under the liquidation test? Far from it. Yet too many people image their

A Tenth Circuit Primer On Statutes of Limitations for Fraudulent Transfer Claims Under § 544(a)&(b) (In re Stone Pine)

By: Donald L Swanson A helpful analysis of statute of limitations issues for fraudulent transfer claims brought by a bankruptcy trustee under § 544(a)&(b) is provided in a recent Circuit opinion. The opinion is Lewis v. Takacs (In re Stone Pine

We’re Zooming Virtual Bankruptcy Consultations

We’ve been Zooming–doing Zoom virtual bankruptcy consultations–since April 2020. We’re sticking with it. We stopped in-office consultations with the March 2020 pandemic lock down. (I first heard of Zoom when my church started using it. We’re a small

We’re Zooming Virtual Bankruptcy Consultations

We’ve been Zooming–doing Zoom virtual bankruptcy consultations–since April 2020. We’re sticking with it. We stopped in-office consultations with the March 2020 pandemic lock down. (I first heard of Zoom when my church started using it. We’re a small

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