Bankruptcy Blogs

Vernon Hills Bankruptcy Attorney On What’s Important In Choosing An Attorney

09/21/11

What should you look for in a bankruptcy attorney?  The first thing you should look for is an attorney that handles bankruptcy on a regular basis.  Find an attorney who has experienced many, many different types of bankruptcy cases over a series of years.  Whether it is a Chapter 7 bankruptcy or a Chapter 13 [...]

[more]

Getting To Know The Bankruptcy Process

09/21/11

 Bankruptcy is a Big Decision Filing for bankruptcy is a big decision, one that is never reached easily. For many people, the bankruptcy process can be overwhelming and even intimidating. Filing does not have to be a chore, after all, the process is meant to be helpful not hurtful. The biggest problem that most people [...]

[more]

Chuck Greenberg interested in Stars bid, lawyer tells court

09/21/11

"Former Texas Rangers CEO Chuck Greenberg is interested in bidding for the bankrupt Dallas Stars of the National Hockey League, a lawyer said in a Delaware court Monday, according to a Bloomberg news report. Greenberg is part of Texas Hockey...

[more]

Solyndra Execs To Plead 5th At House Hearing

09/21/11

"Two top executives at a bankrupt California solar energy company say they will invoke their Fifth Amendment rights and refuse to answer questions when they appear at a House hearing on Friday." Read more here.

[more]

Real Housewives Hubby Joe Giudice Withdraws Bankruptcy Filing

09/21/11

"It looks like Joe Giudice is going to deal with his debts, after all. At least, that's the impression he's giving. Nearly a year after Real Housewives of New Jersey reality star Teresa Giudice and her husband both filed for...

[more]

Ms. Ps and Qs: Prof. Nancy Rapoport

09/21/11

Ask Ms. Ps and Qs* By Nancy Rapoport, on September 11th, 2011 Beware the bankruptcy lawyer wanna-bes. My hubby, who's also a lawyer, recently forwarded me an email that began with these two rather optimistic lines: You May Not Have...

[more]

Sloppiness Does Not Equal Vexatiousness or Bad Faith

09/21/11
Dealing with mortgage servicers can be frustrating. Sometimes it is difficult or impossible to get a clean chain of title or a good accounting. In a new opinion by Judge Stacey Jernigan, the Court was faced with a request for fees incurred by a chapter 13 debtor's counsel in dealing with two motions for relief from stay over a three year period, one of which was withdrawn and the other one of which was denied for failure to prove standing. Counsel sought to recover fees based on 28 U.S.C. Sec. 1927 and the court's inherent authority.
[more]

Sloppiness Does Not Equal Vexatiousness or Bad Faith

09/21/11
Dealing with mortgage servicers can be frustrating. Sometimes it is difficult or impossible to get a clean chain of title or a good accounting. In a new opinion by Judge Stacey Jernigan, the Court was faced with a request for fees incurred by a chapter 13 debtor's counsel in dealing with two motions for relief from stay over a three year period, one of which was withdrawn and the other one of which was denied for failure to prove standing. Counsel sought to recover fees based on 28 U.S.C. Sec. 1927 and the court's inherent authority.
[more]

The Daily Docket: Judge Rejects Barnes Bay’s Chapter 11 Plan

09/21/11

A bankruptcy judge on Tuesday rejected Barnes Bay Development Ltd.’s Chapter 11 plan, wiping out the claims of dozens of wealthy individuals who plunked down money to buy vacation homes at its Caribbean luxury resort. Read the Daily Bankruptcy Review story here.

[more]