ABI Blog Exchange

Fifth Circuit Confirms the Value of Bid Protections in Section 363 Sales

Fifth Circuit Confirms the Value of Bid Protections in Section 363 Sales

July 2023 Ponzi Scheme Roundup

Posted by Kathy Bazoian Phelps Below is a summary of Ponzi scheme activity reported for July 2023. At least 7 new Ponzi schemes came to light this month. Over 24 years of prison sentences were imposed on Ponzi schemers. The average age of the

Weekly News – July 28

CRC weighs in on Serta The CRC may take positions as part of its Advocacy efforts that do not necessarily reflect the individual views of any Board member or Contributor, nor their respective institutions. Tell us what you think. Was Serta wrongly

'I feel abandoned' — businesses warn of bankruptcy as deadline to pay back COVID loans looms

'I feel abandoned' — businesses warn of bankruptcy as deadline to pay back COVID loans looms Nearly 250,000 small businesses who received CEBA loans are in danger of shutting down, says CFIB The article can be found at: https://financialpost.com/news

July 28, 2023 Bankruptcy Quiz

Here’s this week’s Bankruptcy Quiz, with an emphasis on Section 363 sales. Click the image to take the quiz. Have a nice weekend! Click here for prior quizzes. If you enjoyed this post and would like to be the first to hear about new Bankruptcy

Axos Bank--More Sketchiness?

The Washington Post has a big piece up about Axos Bank being the lender-of-last-resort for Donald Trump. But those us who work in the consumer finance space, know of Axos as a notorious bank partner in rent-a-bank arrangements. Axos is...

Vince Lombardi Is To Blame

Ever feel like you’re battling your mortgage lender for your life? Or the life of your home? The unfairness and irrationality of mortgage servicing makes it easy to see the fight as one for your self worth. Who is comfortable being a victim of

Notable Subchapter V Bankruptcy Opinions: June 2023 Edition

Picking up where I left off last month, I’ll continue my experiment of providing short summaries of each month’s notable Subchapter V opinions. Again, these are not going to be all-encompassing summaries. Rather, we’ll provide a roadmap of the issues

How To Win A Battle But Probably Lose The War At U.S. Supreme Court (Mallory v. Norfolk Southern)

By: Donald L Swanson Mallory v. Norfolk Southern Railway Co.[fn. 1] has got to be one of the most unusual vote-count opinions at the U.S. Supreme Court. Get this: Justice Gorsuch writes a plurality opinion, vacating the judgment of the Supreme Court

Can You Rent an Apartment After Bankruptcy in Arizona?

Can You Rent an Apartment After Bankruptcy in Arizona? How To Rent An Apartment in Arizona Post-Bankruptcy In the wake of bankruptcy, it’s natural to question how this significant financial event might influence your future opportunities. In

Asset Armor: Protecting Your Wealth with Bernstein-Burkley’s Asset Protection Insights Blog #5

By Harry W. Greenfield July 26, 2023 A series of blogs on Asset Protection…. Blog #5 >>> When working with a client to protect their assets, exemption planning is important. … The post Asset Armor: Protecting Your Wealth with Bernstein-Burkley’s

Can You Avoid Registration Requirements as a Sex Offender in Pennsylvania?

The sex offender registry is a frightening prospect. Registered sex offenders face great difficulty after incarceration, and many hope to somehow avoid registration requirements. The Sex Offender Registration and Notification Act (SORNA) is a federal

IRS will stop showing up at homes unannounced in effort to protect agents, combat scammers

The New York Post is reporting that IRS will stop showing up at homes unannounced in effort to protect agents, combat scammers. The article can be found at https://nypost.com/2023/07/24/irs-ending-policy-of-unannounced-home-vis…

Dissenting Opinions At U.S. Supreme Court (Coinbase v. Bielski & Waleski v. Montgomery)

By: Donald L Swanson Dissenting opinions are always interesting. Sometimes, they are even the most interesting part of the entire case. Two recent dissents, in opinions of the U.S. Supreme Court, are decided three days apart: on June 23 & 26 of 2023

When You Can’t Pay The EIDL Loan

The COVID-era EIDL loans are coming due. But just because the pandemic is over doesn’t mean that business has returned to normal. Prepandemic, normal may have been difficult too. If yours is one of the many businesses can’t bear the additional stress

How to Deal with Creditor Harassment in Pennsylvania

Harassment from any source can be intimidating and overwhelming. If creditors are harassing you, it is important to learn how to make them stop in Pennsylvania. Creditor harassment generally includes any communications from a lender or debt

What you need to know about Vehicle Repossessions in New Jersey

Having your car repossessed is a very upsetting experience. Understanding the process, relevant statutes, and potential solutions is crucial if there is a possibility that your car will be repossessed. In this blog post, we will explore how car

Weekly News – July 21

Loans win! Loans win! Loans win! But, wait…. the battle isn’t over yet… the Court still has to rule. Tell us what you think! How should the Court ultimately rule? And, what does this all mean for the market?? #AMCAPES whack-a-mole This drama isn’t

Can You Sell Your House if it’s in Foreclosure in Pennsylvania?

When foreclosure is imminent, selling your house might seem like a fine solution. But can you sell your house if it is in foreclosure in Pennsylvania? You may be able to sell your house if you are facing foreclosure in Pennsylvania, provided the