Bankruptcy Blogs

Controversy erupts over Harrisburg, Pennsylvania Chapter 9 Bankruptcy Filing

10/15/11

Although the politics has been going on for a while, and rescue bills were considered, Harrisburg, Pennsylvania went ahead and filed Chapter 9 Bankruptcy.  The State of Pennsylvania has not only objected to the eligibility of the City of Harrisburg, the legislature is working on a bill that would strip the city of its ability [...]

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National Conference of Bankruptcy Judges--10/13/11--Roundup of Business and Consumer Programs

10/14/11
I am at the 2011 National Conference of Bankruptcy Judges in Tampa, Florida. For this first day, I heard a good mix of consumer and chapter 11 programs along with a provocative economist. Here are a few highlights.
Chapter 11 Issues
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National Conference of Bankruptcy Judges--10/13/11--Roundup of Business and Consumer Programs

10/14/11
I am at the 2011 National Conference of Bankruptcy Judges in Tampa, Florida. For this first day, I heard a good mix of consumer and chapter 11 programs along with a provocative economist. Here are a few highlights.
Chapter 11 Issues
[more]

The Broke and the Beautiful: Nevin Shapiro Edition

10/14/11

This week on The Broke and the Beautiful, former University of Miami booster Nevin Shapiro’s bankruptcy trustee is racking up the recoveries. Also, rapper Young Buck might face bankruptcy liquidation, and B.B. King’s Blues Club is still grappling with its Las Vegas landlord.

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New Change To Required Language For Foreclosure Notices Under California Civil Code § 2924c

10/14/11

Effective as of January 1, 2011, the language prescribed for all notices of default recorded pursuant to Section 2924 et seq. of the California Civil Code has changed. Despite the fact that this change became effective as of the beginning of this year, some foreclosure trustees are still using old forms that do not comply with current California law. Accordingly, lenders should be diligent in reviewing their foreclosure notices to ensure compliance with current requirements.

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New Change To Required Language For Foreclosure Notices Under California Civil Code § 2924c

10/14/11

Effective as of January 1, 2011, the language prescribed for all notices of default recorded pursuant to Section 2924 et seq. of the California Civil Code has changed. Despite the fact that this change became effective as of the beginning of this year, some foreclosure trustees are still using old forms that do not comply with current California law. Accordingly, lenders should be diligent in reviewing their foreclosure notices to ensure compliance with current requirements.

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Does My Spouse Have to File Bankruptcy With Me?

10/14/11

No, your spouse does not have to file bankruptcy with you. There is no law stating that both people in a marriage must file bankruptcy. A married person can file a single bankruptcy. If a married person does decide to file without their spouse, some information from the non-filing spouse would be needed. The non-filing [...]

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Texas Bankruptcy Exemptions

10/14/11

As a Fort Worth bankruptcy attorney, many of my clients ask about the differences in Texas bankruptcy exemption laws and Federal bankruptcy exemption laws. There are key differences between the two sets of laws, primarily in the amount and type of property that qualifies for exemption in bankruptcy. The two main exemptions that people are [...]

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