Consumer Debt

Friday, July 29, 2016

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Wednesday, July 27, 2016

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Consumer Debt

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Ninth Circuit B.A.P. Classifies a Loan for Living Expenses as a Business Debt

Personal loan with a profit objective becomes a business debt.

Court :

9th Circuit

Tuesday, July 26, 2016

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Consumer Debt

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Friday, July 22, 2016

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Consumer Debt

Finance and Banking

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Wednesday, July 20, 2016

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Consumer Debt

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Even if Tax Debts Are Not Discharged, Penalties Can Be, Judge Boroff Rules

‘Plain meaning’ permits discharge of some tax penalties.

Court :

1st Circuit

Massachusetts

An Allowed Claim Doesn’t Bar an FDCPA Suit from Attacking the Same Debt

Georgia district judge confronts creditors who file claims based on stale debts.

Court :

11th Circuit

Georgia

Georgia Southern District

Friday, July 15, 2016

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Practice and Procedure

Consumer Debt

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Improperly Taking $297.72 Results in $250,000 in Punitive Damages for Stay Violation

Creditor’s unrepentant attitude escalates punitive damages from $33,700 to $250,000.

Court :

6th Circuit

Ohio

Ohio Northern District

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