Bankruptcy Blogs

A Fearless Foreclosure Forecast for 2012

12/21/11

Occupy Wall Street will enlist the aid and support of B, C, and D-list celebrities in numerous REO takeovers around the country. And other bold predictions.

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A Fearless Foreclosure Forecast for 2012

12/21/11

Occupy Wall Street will enlist the aid and support of B, C, and D-list celebrities in numerous REO takeovers around the country. And other bold predictions.

[more]

The Value(s) of Foreclosure Law Reform?

12/21/11

As Alan White reported recently, the Uniform Law Commission in the U.S. has named a committee to consider the need for and feasibility of proposing a uniform foreclosure act and to report back to the ULC by early 2012.

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The Daily Docket: Hedge Funds Sue Delphi

12/21/11

A handful of hedge fund companies that specialize in buying up the distressed debt of bankrupt businesses are suing Delphi Automotive PLC and some of its biggest backers, claiming the newly public auto-parts supplier is shortchanging them on a potential recovery of up to $300 million. Read the Daily Bankruptcy Review article here.

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Texas Bankruptcy Exemptions

12/21/11

As a Dallas bankruptcy lawyer, I help people resolve their debts and protect their assets through bankruptcy every day. When it comes to asset protection, there are two ways your personal property could be protected in bankruptcy. Federal bankruptcy exemptions offer basic asset protection for anyone in the United States filing for bankruptcy, while state [...]

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Texas Bankruptcy Exemptions

12/21/11

As a Dallas bankruptcy lawyer, I help people resolve their debts and protect their assets through bankruptcy every day. When it comes to asset protection, there are two ways your personal property could be protected in bankruptcy. Federal bankruptcy exemptions offer basic asset protection for anyone in the United States filing for bankruptcy, while state [...]

[more]

How Long Can The IRS Collect From Me?

12/21/11

Bankruptcy is not always the best way to get rid of federal tax debt.  Given enough time, the tax may just go away.  The IRS is given 10 years from the date the tax is assessed to collect in most cases by 26 USC §6502, a section of the Internal Revenue Code. The date after [...]

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American Laser Centers files for chapter 11

12/20/11

"American Laser Centers LLC has filed for bankruptcy protection along with its parent, as a weak economy dampened demand for its laser hair removal treatments leading to cash constraints, court documents showed." Read more here.

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American Laser Centers files for chapter 11

12/20/11

"American Laser Centers LLC has filed for bankruptcy protection along with its parent, as a weak economy dampened demand for its laser hair removal treatments leading to cash constraints, court documents showed." Read more here.

[more]

Community Banks Should Ask for a Divorce

12/20/11

It's time for community banks to differentiate themselves from the big banks in the eyes of the public, the legislatures and the regulatory community.

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