Bankruptcy Blogs

The Barton Doctrine and Trustee Lawsuits

10/21/11

So you want to sue a bankruptcy trustee? First get in line. Next, come to the realization that it might not be quite as easy as you’d think. Before a trustee can be sued for actions that fall within their official duties of administering the bankruptcy estate, the plaintiff must seek permission from the trustee’s [...]

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The Daily Docket: Trump Seeks $8.5 Million for Doral Bid

10/21/11

Donald Trump’s hotel group is asking for $8.5 million worth of bid protections on its $170 million offer to buy the Doral Golf Resort & Spa out of bankruptcy. Read the Daily Bankruptcy Review story here.

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Why Filing for Bankruptcy is a Better Choice than Credit Counseling

10/20/11

Is Credit Counseling a Step in the Right Direction? Credit counseling most often involves consolidating outstanding debts as much as possible and then developing a negotiated repayment plan for a reduced payment over time to all of your creditors. Credit counseling is often a first step taken by those who have significant debt due to [...]

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After my bankruptcy discharge, can I pay any of my creditors?

10/20/11

May a debtor pay a discharged debt after the bankruptcy case has been concluded? A debtor who has received a discharge may voluntarily repay any discharged debt – even though the debt can no longer be legally enforced. Sometimes a debtor agrees to repay a debt because it is owed to a family member or [...]

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Fed Attempt to Sugarcoat Foreclosure's Effects Now Laughable

10/20/11

Was the Fed trying to convince itself foreclosure isn't that bad? Would they roll out the pie charts and PowerPoint presentations to convince the rest of the financial community, Congress and the like, that homeowners don't have to fear deterioration of lifestyle, maybe just a bit of downsizing?

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A lighthouse keeper in the desert sun

10/20/11

Thinking about the return of the Delaware/SDNY venue debate and the bankruptcy court's decision to deny appointment of a trustee in the case of bankrupt solar panel maker Solyndra, up now at Dealbook.

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Remember, the Protesters Are Your Future Customers

10/20/11

As a mortgage banker, I realize these protesters will one day be buying the homes that I finance. We need to be more aggressive in getting our message out on how banks make lives better.

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