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

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Nancy Rapaport: A Tale of Two Bank Experiences in Today's New York Times

Read this post on the LexisNexis Corporate & Securities Law Community.

The Non-Filer's Dilemma: Should I File My Taxes?

Undoubtedly, as tax day approaches, there are people right now who are struggling with the question: "I haven't filed in [fill in the blank]____ years. Should I file this year?" As a tax and bankruptcy lawyer serving individuals and businesses in

Foreclosure - If You Wait Too Long!

Prior to the enactment and implementation of the federal bankruptcy laws designed to help people keep their homes there were always a few people in trouble and waited too long before seeking bankruptcy legal advice on Chapter 13. These few were faced

NYT: Avoiding Refinancing Costs After Divorce

By LYNNLEY BROWNING DIVORCED homeowners wrangling with the task of removing a former spouse’s name from the mortgage after buying out his or her equity stake in the marital house may think that refinancing is the only choice. There is another, little

Not a Good Idea to Object to Every Claim

You know that nothing good can come from an opinion which begins like this: This is a case about an affluent debtor who sought to manipulate bankruptcy procedures to accomplish what the Code prohibits--the elimination of all of her credit card debts

Bankruptcy Courts Prepared to Run for Two Weeks If Government Shuts Down

The American Bankruptcy Institute is reporting that all U.S. Bankruptcy Courts will remain open for two weeks if the federal government shuts down today. That means anyone who plans to file for bankruptcy should do so quickly! If you need to stave

Should I Try to Avoid Debt Collectors?

Unless you’re “judgment proof” or planning to file bankruptcy, most credit counselors feel you shouldn’t ignore your debt(s) or try to hide from debt collectors. Generally, the longer you put off resolving the issue, the worse the situation and

Representation of objecting alternative purchaser group in the sale of St. Vincent's Hospital's Manhattan Campus

Yesterday, the U.S. Bankruptcy Court for the Southern District of New York approved the sale of the Manhattan campus of St. Vincent's Catholic Medical Centers to the Rudin real estate family and the North Shore-LIJ Health System.We represented an

Newspaper Has it Wrong: What to Really Expect in Bankruptcy

Bankruptcy has benefits as well as costs but it is essential to know the truth about your bankruptcy case. Too many people are quick to propagate myths about bankruptcy, usually because they just don’t know and don’t take the time to learn the truth

Do I Have to Reaffirm Credit Cards and Department Store Cards When Filing Bankruptcy?

It’s almost never a good idea to reaffirm a credit card. Reaffirming means you will pay bills that your bankruptcy would normally wipe out. That can be a very high price to pay for the convenience of a credit card. Try paying with cash for awhile