Bankruptcy Blogs

Chapter Means Test Interpreted Liberally By Court To Permit Debtors' Expense Deductions For Three Cars

12/14/11

Car related expenses are important deductions in the means test analysis. A debtor’s car expenses, including car payments and car operation expenses, often determine whether a prospective bankruptcy debtor passes a means test analysis for bankruptcy eligibility.

Means test calculation are technical and complicated. I infrequently comment on details of means test computations.

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Chapter Means Test Interpreted Liberally By Court To Permit Debtors' Expense Deductions For Three Cars

12/14/11

Car related expenses are important deductions in the means test analysis. A debtor’s car expenses, including car payments and car operation expenses, often determine whether a prospective bankruptcy debtor passes a means test analysis for bankruptcy eligibility.

Means test calculation are technical and complicated. I infrequently comment on details of means test computations.

[more]

Fictional Banker, Real Tragedy

12/14/11

As the CEO of the local community bank entered the conference room for the start of the most dispirited board meeting in his bank's 100-plus year history, he was dying a little inside.

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Hard Questions Lawmakers Should Ask at MF Global Hearing

12/14/11

Why did PricewaterhouseCoopers allow MF Global financial statements to be issued with a clean audit opinion? Why wasn't there a "going concern" warning?

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Dramatize Wall Street: Films that Capture Finance

12/14/11

When I first read about "Margin Call," a movie purporting to capture the drama of a Wall Street investment firm going belly-up, my response was of the "why bother" variety. Then I actually saw it.

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Getting Credit After Bankruptcy

12/14/11

One of the biggest trouble I find in bankruptcy law is the lack of services available for clients after their case is discharged. As a Dallas bankruptcy lawyer, I have made it my mission to extend clients help with rebuilding their credit after the bankruptcy case is completed. Rebuilding Your Future I advise clients to [...]

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Mobile PACER Case Locator Debuts

12/14/11

The most widely used feature of the federal Judiciary’s Public Access to Court Electronic Records (PACER) service has gone mobile. Read more here.

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Mobile PACER Case Locator Debuts

12/14/11

The most widely used feature of the federal Judiciary’s Public Access to Court Electronic Records (PACER) service has gone mobile. Read more here.

[more]

American Airlines' $30 million London town house

12/14/11

"Buried deep in American Airlines' Chapter 11 bankruptcy filing is a striking asset -- a town house in one of London's most expensive residential streets that property experts say could be worth up to $30 million." Read more here.

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American Airlines' $30 million London town house

12/14/11

"Buried deep in American Airlines' Chapter 11 bankruptcy filing is a striking asset -- a town house in one of London's most expensive residential streets that property experts say could be worth up to $30 million." Read more here.

[more]