Bankruptcy Blogs

Keeping a tax refund after filing a Chapter 13 bankruptcy case is commonly done in Massachusetts, and should be allowed across the country.

Taxpayers should not be paying to increase homeownership or to boost home prices. With interest rates low, lenders can charge for risk and homeowners can pay for it.

Receiving Wide Coverage ...

There's a New Bobbie, Er, Mountie in Town: The surprise announcement that Mark Carney, Canada's central banker, will cross the pond to head the Bank of England could be viewed as a shot across the bow for global banks operating in the London regulatory haven. Granted, Carney is a Goldman Sachs alumnus (or "a member of the Government Sachs Club," as a Times headline put it). But he also has a history...

Struggling to pay the mortgage on its dorms, Lon Morris College in Texas never tried to dip into its $11 million pool of endowment money that supported the 158-year-old United Methodist-affiliated school.

But in the hunt for money after the school’s collapse, its bankruptcy attorneys want the charitable funds to pay its final bills—an unlikely wish for those who donated to the endowments in their wills and family trusts.