Bankruptcy Blogs

The Daily Docket: Lawmaker Seeks Solyndra Probe

09/20/11

The Republican chairman of the House Judiciary Committee is calling for Attorney General Eric Holder to appoint an examiner in Solyndra LLC’s bankruptcy case to investigate the financial relationship between the Department of Energy and the company. Read the Daily Bankruptcy Review story here in The Wall Street Journal

[more]

Some Debts That Bankruptcy Won’t Eliminate

09/20/11

The Limits of Bankruptcy Relief Under the right circumstances, filing for bankruptcy can provide great relief to a family or an individual struggling with debt. Assuming you qualify, chapter 7 bankruptcy can completely eliminate credit card debt, medical bills and afford an opportunity to get out from under a troubled mortgage. However, bankruptcy relief is [...]

[more]

Yorkville Bankruptcy Attorney Sites Many Pros, Few Cons When Filing Chapter 13

09/20/11

Another great thing about Chapter 13 is it effectively lowers the car payment.  If the debtor was making a $500.00 – $600.00 car payment prior to filing Chapter 13, the odds are the total amount that the car is going to receive per month is going to be less than if they were making the [...]

[more]

Solutions to Regulatory Overlap

09/19/11

Why do we need three or more examinations of a bank by multiple agencies, focusing on many of the same issues?

[more]

Stop the CapOne-ING Deal and Update CRA

09/19/11

In 1977, when CRA was passed by Congress, banks conducted business from their branches. The statute needs to change to reflect how business is done in today's banking system

[more]

Roselle Bankruptcy Attorney States That The Court Meeting Is Often Not The Final Requirement

09/19/11

Before a case can go to discharge the debtor must go to a two hour financial management class.  This two hour financial manager class can be done online, in person or over the telephone.  If the debtor does not complete the two hour financial management class the bankruptcy case will close without the debtor receiving [...]

[more]