Bankruptcy Blogs

Judge Diehl: Undisbursed Funds Paid Into Court For Garnishment Are Property Of The Estate

03/28/14

In In re Cochran, Ch. 7 Case No. 13-43242, 2014 Bankr. LEXIS 1178 (Bankr. N.D. Ga. Feb. 10, 2014), the issue in the motion to avoid lien was whether funds paid into court pursuant to a Summons of Garnishment are property of the Bankruptcy estate after a case is filed.  Judge Mary Grace Diehl held as follows:

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Judge Diehl: Undisbursed Funds Paid Into Court For Garnishment Are Property Of The Estate

03/28/14

In In re Cochran, Ch. 7 Case No. 13-43242, 2014 Bankr. LEXIS 1178 (Bankr. N.D. Ga. Feb. 10, 2014), the issue in the motion to avoid lien was whether funds paid into court pursuant to a Summons of Garnishment are property of the Bankruptcy estate after a case is filed.  Judge Mary Grace Diehl held as follows:

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The Daily Docket: Lehman Brothers is Overdelivering

03/28/14

In liquidation, Lehman Brothers Holdings Inc. is overdelivering, The Wall Street Journal reports.

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The Daily Docket: Lehman Brothers is Overdelivering

03/28/14

In liquidation, Lehman Brothers Holdings Inc. is overdelivering, The Wall Street Journal reports.

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Morning Scan: Lehman Pay Out Hits $80 Billion; Wal-Mart Vs. Visa

03/28/14

Receiving Wide Coverage ...

Lehman Payout: Lehman makes its fifth semi-annual payout to creditors next week, a bigger-than-expected $17.9 billion, pushing its total payments to creditors above $80 billion. The Wall Street Journal notes that most of the money to be distributed "involves money Lehman entities owe each other." Reuters says, "The payout will include $12.8 billion to third-party creditors and affiliates, plus $5.1 billion to other Lehman debtors and affiliates." Creditors will now reap 26.9...

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The Latest Amendment of Spanish Insolvency Law (2 and Farewell to Spanish Guestblogging)

03/28/14

This post will be my last one, and I would like to start it thanking Bob and the rest of the Credit Slips team for inviting me again to guest blog. I felt flattered and excited to share my experiences with Spanish insolvency law the first time, and the feeling remained throughout my second blogging stint. The experience has been so interesting (and a bit challenging) that I would not mind returning for a third time in the future.

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Assignment of Promissory Note Without the Mortgage

03/27/14

Assignment of Mortgage Promissory Note 

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New Data and Thoughts on Payday and Other Alternative Lending

03/27/14

The Consumer Financial Protection Bureau's new study (published 3/25/14) regarding payday loans has received substantial press coverage over the past couple days. The study focuses on repeat customers and finds that 80% of payday loans effectively are rolled over--that is, another loan is taken out within 14 days of repayment of the prior loan.

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