News Topic: bankruptcy law

In Bankruptcy, Can I Protect the Equity in My House? Bankruptcy is set up by the Federal government, but each state sets its own rules on how much equity you can protect if you file Chapter 7 bankruptcy.  That protection is called your homestead ... Read full article

We Stop Navy Federal Trying to Pull a Fast One This is a story of Navy Federal trying to take unfair advantage of a disabled vet; and how we were able to stop them. Harry is the disabled vet. He wasn’t able to quite make ends meet when he filed Chapter 7 ... Read full article

Overall, does claims trading  help or hinder  the chapter 11 process? Should additional disclosures be required?   ... Read full article

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required?   ... Read full article

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required?   ... Read full article

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required?   ... Read full article

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required?   ... Read full article

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required?  ... Read full article

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required?   ... Read full article

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required?   ... Read full article

Kenneth Rosen’s recent op-ed “Claims Trading Warps the Bankruptcy System” reflects a yearning for the supposed good old days of bankruptcy practice when debtors were firmly in control of their cases, original creditors never sold their loans or claims and ... Read full article

The U.S. ... Read full article

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The Roman Catholic Diocese of Duluth, Minn., filed for bankruptcy Monday after being hit with an $8.4 million verdict in a clergy sex abuse case, Read the Daily Bankruptcy Review story via The Wall Street Journal .  Last month, a jury awarded $8.4 million ... Read full article

Children’s tablet-maker Fuhu Inc. filed for chapter 11 bankruptcy protection Monday with a tentative deal to be acquired by Mattel Inc. for $9.5 million. Read the Daily Bankruptcy Review story via The Wall Street Journal . ... Read full article

Several court websites that are portals to bankruptcy court filings were down on Tuesday morning—the first day that  bankruptcy lawyers are supposed to file documents using newer forms . Many court websites were offline for several hours starting on ... Read full article

The paperwork that people and businesses have used to file for bankruptcy protection since the 1980s is being replaced on Dec. 1 with forms that have clearer, easier-to-understand instructions and that’s…bad? ... Read full article

Carolyn Kaster/Associated Press The fresh start of bankruptcy isn’t available to those who have defrauded their creditors, but how do you define fraud? ... Read full article