Bankruptcy Blogs

Let's Get the British to Pay!

09/27/11

Winston_churchill_01 For those of you following the Greek

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Not disclosing and transfer of assets led to denial of discharge

09/27/11

Nothing new we learned from a recent court decision (In re Dandrum, Bankr. D.ND. August 19, 2011): The debtor has to take his duty to disclose transfers before filing and to list income and assets accurately seriously or risk denial of discharge (and even more severe consequences). Debtor failed to disclose assets and transfers on [...]

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Condo and subdivision fees: Are Association fees dischargeable or not?

09/27/11

In short the debtor is responsible for assessments as long as the debtor is the owner of the property. In a chapter 13, the debtor who wants to keep his property wants to add the pre-petition assessment fees into his plan if they are delinquent. The assessment is normally secured by the property. State law [...]

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Should I Keep Paying My Mortgage if My Home Was Destroyed in a Natural Disaster?

09/27/11

Natural disasters have recently destroyed countless homes and uprooted huge numbers of individuals and families.  When the flood/hurricane/tornado/wildfire is over you focus on the destruction to your home, car, and business.  You concentrate your concerns on whether or not you should rebuild, and on how to put your family’s life back together. In upstate New [...]

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The Daily Docket: Judge Approves Borders IP Sale

09/27/11

A judge on Monday approved the $13.9 million sale of Borders.com and other Borders Group Inc. intellectual property to its once-fierce rival, Barnes & Noble Inc., after the two sides and a consumer advocate alleviated the judge’s concerns over the privacy rights of Borders’s customers. Read the Daily Bankruptcy Review article here.

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Bankruptcy and Identity Theft: Protect Your Confidential Data

09/27/11

Bankruptcy and identity theft?   How can this be an issue if someone is discharging debt?   There are debtors who file for bankruptcy protection due to someone having stolen their identity.  There are bankruptcy debtors  whose identity is stolen and the thief files for bankruptcy.   Then, there are those folks  who worry about [...]

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Selig Threatens to Kick Dodgers Out of MLB

09/26/11
Reuters
Bud Selig

Major League Baseball is willing to boot the Los Angeles Dodgers from its ranks if the league can’t come to terms with the team’s embattled owner Frank McCour

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A Big First Step for Spotting Systemic Risks

09/26/11

Three leading global financial organizations have sanctioned the concept of a "legal entity identifier," a standard code for every corporate and institutional market participant.

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