Bankruptcy Blogs

Systemic Risk Needs a Permanent, Global Fix

12/13/11

More contagion will surely come to infect the global financial system if nothing is done to address the systemic problems for the long run. This will take time and funding.

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Supreme Court Granted Cert. Today in RadLAX Gateway Hotel, LLC vs. Amalgamated Bank

12/13/11

Jon and Roksana, A note to let you know that the Supreme Court granted cert. today in RadLAX Gateway Hotel, LLC vs. Amalgamated Bank (11-166) rising from the 7th Circuit, containing an important chapter 11 issue: whether a bankruptcy court...

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Supreme Court Granted Cert. Today in RadLAX Gateway Hotel, LLC vs. Amalgamated Bank

12/13/11

Jon and Roksana, A note to let you know that the Supreme Court granted cert. today in RadLAX Gateway Hotel, LLC vs. Amalgamated Bank (11-166) rising from the 7th Circuit, containing an important chapter 11 issue: whether a bankruptcy court...

[more]

UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else

12/13/11

Thank you to the Hon. Scott Clarkson for the lead on this: "UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else" By Christopher Danzing Read the article here. United States Bankruptcy Court - Central District of California Santa Ana,...

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UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else

12/13/11

Thank you to the Hon. Scott Clarkson for the lead on this: "UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else" By Christopher Danzing Read the article here. United States Bankruptcy Court - Central District of California Santa Ana,...

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Foreclosure Statistics for New Mexico: These Just Out

12/13/11

Foreclosure statistics obviously vary from local jurisdiction to jurisdiction, as well as from one time period to the next. For example, sometime back in 2008, New Mexico was 36th in the nation in the number of foreclosures, obviously lower than average. Now it is 11th in the nation. Right now, one in every 452 Santa Fe homes and one in every 550 Albuquerque homes is in foreclosure, and about 15,000 cases are filed each year, about half in Albuquerque.

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RoomStore Chapter 11 Not Its First Brush With Bankruptcy

12/13/11

RoomStore Inc. filed for Chapter 11 protection Monday with plans to get leaner, but it’s not the furniture and bedding retailer’s first brush with bankruptcy.

RoomStore, whose slogan is “We Don’t Cut Corners. We Cut Prices,” went into Chapter 11 along with its former parent more than a decade ago. It’s since used bankruptcy to snatch up stores from its competitors.

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Prepare to Pay if You Forget to Take the Financial Management Course

12/13/11

Recently I received a notice from the bankruptcy court that my client’s Chapter 7 case has been closed without the issuance of a discharge order because my client never completed his mandatory financial management course.   This means that in order to get his discharge, my client will have to pay a filing fee of $260 [...]

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Time to File for Bankruptcy? Part I – Don’t Bankrupt Your Health

12/13/11

There’s no “right” time to file because everyone is different, and so is their situation. There are guidelines to help you decide and we’ll talk about them in this and following blog posts. This post is about your health because it’s more important than your money. Ask yourself these questions: Do you feel like debt [...]

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The Daily Docket: Supreme Court to Weigh Credit Bidding

12/13/11

The U.S. Supreme Court has opted to weigh in on one of the hottest topics in bankruptcy: whether lenders have the right to use debt as currency in bankruptcy auctions. Read the Daily Bankruptcy Review article here.

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