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

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Gurnee Bankruptcy Attorney States That Both Spouses Must Attend Credit Counseling And Complete Personal Financial Management Instruction.

Link The answer is yes. Each debtor, whether it is husband or wife, needs to take the credit counseling session. You can take the credit counseling session together at the same time. However, you both must be present at the time of the credit

6 min read

Do I Need A Bolingbrook Bankruptcy Attorney To File In Will County?

Link You technically do not need an attorney to file a bankruptcy case. You can file a bankruptcy case on your own, which is known as pro se. However, I do not recommend that anybody attempt to file a bankruptcy case on their own, without an attorney

6 min read

CMBS 2.0: What Is It Looking Like? Cash Management & New Recourse Events

Andrews & Kurth has a nice "high level" piece on the CMBS market - covering challenges and changes in CMBS since the market crash. And periodically (perhaps too frequently!), I've offered up my broader insights on these same subjects (search TT4L

6 min read

Incomplete records will not avoid repayment of Directors' debts

A liquidator's investigation into a family company resulted in the liquidator pursuing the directors (and other family members as de facto directors) for repayment of overdrawn loan accounts as well as compensation for misfeasance and breach of

6 min read

Bankruptcy and Inheritances

An often overlooked component of a bankruptcy case is whether the debtor is entitled to receive an inheritance. This can be very, very important because if the debtor becomes entitled to an inheritance within certain times, the inheritance could go

6 min read

Retirement goal: $2.5 million

Retirement planning with a goal of $2.5 million? Learn how you can do it.

6 min read