Bankruptcy Blogs

Securitization is essentially a financial production factory. Consistency in the manufacturing process, which minimizes defects and hence promotes investor interest in the product, would allow the business to prosper again.

Receiving Wide Coverage ...

The Fiscal, Uh, Valley: The budget deal reached at the beginning of this year extends an obscure but important tax break for U.S. banks that do business overseas, according to the FT. Under the "subpart F exception for active financing income" (rolls off the tongue, don't it?), income earned on certain transactions outside U.S. borders is taxed only when brought back into the country. The exception was introduced in the late 1990s...

If you’re filing bankruptcy, you’ll need to know your monthly expenses–food, clothing, transportation, medical–you name it. And you need to help your attorney know those expenses, too.

If customers are more likely to find you through an Internet search than by noting your actual existence along their commutes, well, good luck with that.

Almost every day I receive a communication from the bankruptcy court that a Notice of Commencement form in one of my clients’ bankruptcy cases was returned for an incorrect address. That creditor has not received notice of my client’s Chapter 7 bankruptcy filing. Does it really matter if a debtor does not provide his attorney an accurate creditor address?