News Topic: 2005 Bankruptcy Amendments (BAPCPA)
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What's in a word: New immigration public charge rule and "bankruptcy"?
I was surprised to find that the explosive new US immigration "public charge" rule has some interesting bankruptcy angles. ... Read full article
Consumer Bankruptcy, Done Correctly, To Help Struggling Americans
Today, Senator Elizabeth Warren unveiled her new plan to reform the consumer bankruptcy system . The plan is simple, yet elegant. It is based on actual data and research (including some of my own with Consumer Bankruptcy Project co-investigators Slipster ... Read full article
Driven to Bankruptcy — New Research from the Consumer Bankruptcy Project
In America, people drive — to work, to the doctor, to the grocery store, to their kids' daycare, to see their aging parents. Research shows that car ownership increases the probability of employment and number of hours worked; households without cars ... Read full article
Consumer Bankruptcy Reform ... and American Xenophobia?
I hope I'm not stepping on Bob's toes in announcing the public release of the long-awaited report of the ABI Commission on Consumer Bankruptcy . ... Read full article
File This Under Calling BS on Bankruptcy Fearmongering
As anyone familiar with bankruptcy would have predicted, the dire predictions of disaster for municipalities seeking bankruptcy protection have proven to be ... let's just say exaggerated. ... Read full article
Glass-Steagal: It's the Politics, Stupid!
It was like eight nights of Chanukkah in one for me watching the Democratic debate last night. There was a Glass-Steagal lovefest going on. But here's the thing: no one seems to get why Glass-Steagal was important or the connection between ... Read full article
All Late-Filed Taxes Now Nondischargeable?!
Have Retail Reorgs Gone the Way of the Dodo?
"Don't give me so much that you've given me nothing" - Remembering M. Caldwell Butler's Contribution to Bankruptcy Law
Former Virginia Congressman M. Caldwell Butler died last week. ... Read full article
The "New" New Legislation on Student Loans and Bankruptcy
Just Punch My Bankruptcy Ticket
Just Punch My Bankruptcy Ticket
Suffolk/NCLC Student Loans Symposium
I had the pleasure of participating in this weekend's very successful Research Symposium on Student Loans organized by Kathleen Engel of Suffolk Law School and Deanne Loonin of the National Consumer Law Center (NCLC) (NCLC, by the way, is looking ... Read full article
Update -- The Sixth Circuit Rules IRAs Are Exempt
A few weeks ago, I posted about an apparent movement to challenge the bankruptcy-exempt status of IRAs based on boilerplate language commonly found in the account agreements of many of the nation's largest brokerages. The legal argument rested on ... Read full article
Non-exempt Exempt IRAs and Undercompensated Chapter 7 Trustees
Debtor Audits, RIP
Hot of the presses that the EOUST has (again) suspended its "required" debtor audits due to budgetary constraints. Initially they were supposed to do 1 in every 250, and that number fell in recent years to one in every 1,500 or so due to ... Read full article
Stripping Down Bankruptcy Jargon
Bankruptcy and Politics: Junior Senator from Massachusetts Edition
Politics is not my strong suit -- this, ironically, from the faculty sponsor of both the Democratic and Republican student associations at Michigan Law. (No, I am not confused; I was asked presumably because each group wanted a political independent, ... Read full article
A Valuable Resource: NCBRC.org
Sometimes we forget that, with all its flaws, consumer bankruptcy is still a remarkable institution, providing meaningful relief to more than two million Americans a year (counting co-debtors and dependents). ... Read full article
