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

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Don’t Waste Time and Money On Foreclosure Rescue Scams – You Could Lose Your House!

A bankruptcy judge recently “volunteered” me to help a very nice Hispanic couple, that had been totally hoodwinked by a company that they found on the internet. The company had promised them that for $4600, they could stop a pending foreclosure, and

Bankruptcy Judge Bypasses DOMA to Allow Joint Bankruptcy Filing by Same-Sex Spouses

New York Law School Professor Arthur S. Leonard covered the recent consumer bankruptcy decision regarding a same-sex couple from New York State. Deciding that serving the aims of bankruptcy law was more important than applying a possibly

United States Needs Taxes to Run; Why Won’t the Richest Pay

If Adam Smith is right, corporations which enjoy the most protection form the government should shoulder the biggest tax burden, Then, naturally, the richest individuals should follow closely behind.

So You Thought You Had a Priority Lien: Unauthorized UCC Terminations May Extinguish Secured Lenders' Liens

Reprinted with permission by THE SECURED LENDER, www.cfa.com The due diligence is complete, the loan documents are signed and the UCC financing statement has been filed and recorded in the proper jurisdiction. A lender should therefore reasonably

Student Loans to be Dischargeable in Bankruptcy

U.S. Senators Dick Durbin (D-IL), Sheldon Whitehouse (D-RI) and Al Franken (D-MN) joined U.S. Representatives Steve Cohen (D-TN), Danny Davis (D-IL), George Miller (D-CA) and John Conyers (D-MI) to introduce legislation in both the Senate and the

Ex- NFL Pro Bowler to Plead Guilty to Bankruptcy Fraud

Fresh on the heels of the government's indictment of Lenny Dystra for bankruptcy fraud, Dr. Rick Sanford, a former first round draft pick by the New England Patriots and 1983 Pro-Bowler, has agreed to plead guilty to fraud in relation to his South

Overview of Chapter 7 Bankruptcy in Colorado

WHAT IS CHAPTER 7 BANKRUPTCY? Consumers and small business owners in Colorado can choose from several “chapters” of bankruptcy, including Chapter 7, Chapter 11, Chapter 12 and Chapter 13. Chapter 7 bankruptcy is the most popular chapter – by far. In

Ex- NFL Pro Bowler to Plead Guilty to Bankruptcy Fraud

Ex-NFL Player and Pro Bowler's plea to bankruptcy fraud is a good reminder: don't file for bankruptcy unless you can be completely honest about everything you owe and own.

Waukegan Bankruptcy Lawyer Helping Lake County Homeowners

Link For those that are either in foreclosure or about to fall into foreclosure, the pressure and uncertainty of events can be overwhelming. This is where the law office of David M. Siegel reaches out and provides relief. Often times, the relief

Change in the State House: Nevada Law Takes Aim at MERS - A Direct Hit? What Next?

The rifle range is different in Nevada. The target is MERS. Two (yes, 2) years ago I warned about possible changes at the State House, which will be directed at mortgage lenders. This goes to my point that MERS is now squarely in the sights of