Bankruptcy Blogs

Why Paul Ryan is Bad News for Bankers

08/13/12

Yes, the Wisconsin Republican opposed Dodd-Frank and supports the limited government that many bankers crave. But he'll also help harden the views of an electorate that's already leaning Obama's way.

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Tri-Valley Corporation Files for Bankruptcy in Delaware

08/11/12

Earlier this month, Tri-Valley Corporation and various affiliates (collectively "Tri-Valley" or "Debtors") filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware.  This post will look briefly at Tri-Valley's business, why the company filed for bankruptcy as well as Tri-Valley's objectives while in bankruptcy.

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Finally, WIll We Stop Talking About the Auto Cases?

08/11/12

I generally try to avoid politics on this blog, although readers know that I was generally supportive of the Administration's approach to the auto bankruptcies. You can critize the overuse of 363 sales, but the auto cases were not particularly special in that regard.

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Bankruptcy Filings Are Down In Georgia And Nationwide

08/11/12

The latest statistics from the Northern District of Georgia Clerk's Office and Administrative Office show, not surprisingly, that filings are down. 

In the Northern District of Georgia, Chapter 7 and 13 filings are down significantly from January to June 2012, compared to the same time period in 2011.  The total cases filed year to date, from this chart from the Clerk's Office, are:   

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Bankruptcy, Modification, and Foreclosure

08/11/12

In my Bankruptcy practice, I see people every day in the midst of a homeowner’s dilemma.  Try to save the house, walk away, file bankruptcy, do a modification, or what?  Most often, I spend time with them simply dispelling myths!

Here are seven of my favorites:

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The Broke and the Beautiful: Family Affair Edition

08/10/12

This week on The Broke and the Beautiful, it’s a family affair. Olympic gold medalist Gabby Douglas’s mom is in bankruptcy, and comedian and actor Russell Brand’s dad just narrowly avoided it. Also, former big leaguer Jose Canseco says bankruptcy can happen to anyone.

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Barofsky's Memoir Will Ring True to Bank Examiners, Auditors

08/10/12

The special inspector general for Tarp worked in the subbasement of the Treasury Department. Watchdogs given an inconvenient, dank, dark, dirty and desolate office maybe won't stay long.

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File Multiple Bankruptcies? You May Need A “Motion to Impose Stay”

08/10/12

A Motion to Impose Stay Will Require Going to See the Bankruptcy Judge

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