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

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Taxes on gifts held in father's homeland?

For U.S. citizens, overseas assets present special tax challenges that require expert advice.

Borrower blasts bungling mortgage servicer

Stuck with a new mortgage servicer? Get used to it if you can't pay off your home loan.

Deciding to buy a new or used home

Should you buy a used home when you could buy a newly built one for not much more?

Volatility imperils mortgage stability

Mortgage rates rise, and analysts warn that debt worries could raise them even higher.

Consider pay-as-you-drive coverage

Is pay-as-you-drive coverage right for you? If it is, you could save on your van insurance.

Bank CEOs Must Rally Around an ID Standard...Or Have One Imposed on Them

The Office of Financial Research is scheduled to impose a global identification system on the U.S. financial industry by July 15 unless bankers take the lead and get behind one of the trade group initiatives.

Waukegan Bankruptcy Attorneys: Bankruptcy for People with High Income

Link “Bankruptcy” can be a dirty word. It means that you don’t have any money and can’t pay anyone, right? Bankruptcy can actually be a very effective tool for folks with high, regular income. Let’s look at some hypothetical numbers. For example, let

Aurora Bankruptcy Lawyers & Attorney’s Fees – Do You Get What You Pay For?

Link The phrase “time is money” is especially apt when discussing attorney’s fees. The vast majority of legal matters are billed on an hourly base. In the Chicago area, most legal services run between $200 and $300 per hour of attorney’s time

Stern Views on Bankruptcy Court Jurisdiction – United States Supreme Court Addresses Bankruptcy Court Jurisdiction in the Anna Nicole Smith Case

Recently, we wrote about the United States Supreme Court’s decision in Stern v. Marshall, where the Court held by a 5 to 4 majority that the United States Constitution prohibits federal bankruptcy judges from entering a final judgment on a state law

The Light at End of the Tunnel

With the midterm elections over, I am left to wonder: how will the new Congress help struggling Americans who face losing their home. I am not optimistic.