Bankruptcy Blogs

At Freddie, We're Helping Refis Happen - Not Holding Them Back

02/09/12

Investors in mortgage securities are generally "hurt" by refinancings. That doesn't mean holders of a mortgage security are "betting against struggling homeowners."

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The Daily Docket: Hostess Seeks New Employment Deal

02/09/12

Hostess Brands Inc. is seeking court permission for a new employment deal that would hand millions of dollars to Chief Executive Brian J. Driscoll, “architect” of the company’s plan to cut costs and jettison its pension plans. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Fixing the "Fixed" Forms

02/08/12

Two weeks ago, I blogged about the Forms Modernization Project's effort to create new forms specifically for consumer bankrupts. The chair of that Project, Judge Elizabeth Perris, offered a lengthy comment that shared some information on the goals and process. I recommend it to you.  She noted that law students were asked to review the forms.

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Stalking the Wily Tax Deduction

02/08/12

 

The hunt for tax deductionsIt’s tax time and the hunt goes on for tax deductions to lower your income tax hit.

Tax deductions lurk in the most unlikely places.

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The Benefits of Using a Bankruptcy Attorney

02/08/12

Even though you may be somewhat familiar with the term bankruptcy, the actual filing of this procedure is governed by federal laws, as well as some state regulations. Therefore, in most cases, it is advised that you use an attorney if you are considering this process. By using an attorney, you will have access to [...]

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Stop New Forms of Credit Union Mission Creep

02/08/12

Allowing credit unions to bring in investor capital will, in effect, make them identical to any other for-profit corporation that issues debt and stock - except that they will keep their tax-free status.

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Whoomp! Who Owns It?

02/08/12

The question of who owns “Whoomp! (There It Is),” a song that anyone who attended a sporting event in the ’90s is all too familiar with, will go to trial this August after a decade of litigation and a related bankruptcy.

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