Bankruptcy Blogs

INSOL Europe's 30th anniversary conference - Venice

09/21/11

My final job as President of INSOL Europe is to host this year's conference in Venice. The last few days of preparations have been busy, but have brought home just how much has gone on. I can't pre-empt conference announcements, but to touch on some highlights:

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INSOL Europe's 30th anniversary conference - Venice

09/21/11

Mercer & Hole's Chris Laughton is in Venice hosting this morning's INSOL Europe's Annual Congress 2011. Here's what Chris is expecting over the next couple of days.

"My final job as President of INSOL Europe is to host this year's conference in Venice. The last few days of preparations have been busy, but have brought home just how much has gone on. I can't pre-empt conference announcements, but to touch on some highlights:

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Bankruptcy Might Get Your Car Back, But Why Wait?

09/21/11

Bankruptcy may be able to get a car back that has been picked up by the Sheriff to sell to pay on a judgment claim, but it would be better not to wait until you see your car (or other property) being taken away to call a lawyer.  You might be able to do something to [...]

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Are NYC Squeegee Men an Economic Bellwether?

09/20/11

Yesterday’s Daily News ran a front page story on the return of squeegee men to the streets of Manhattan. For those of you who don’t know, “squeegee men” are a highly evolved form of panhandlers who clean your windshield unsolicited, then aggressively demand payment as you sit in traffic. How fun. To be sure, squeegee [...]

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Poll: Support Mixed for Pre-Bankruptcy Municipal Mediation

09/20/11

The concept behind a pending California law requiring municipalities to seek mediation before filing for bankruptcy divided respondents to a recent American Bankruptcy Institute poll.

Nearly half of participants, 49%, either “strongly agreed” or “somewhat agreed” with the statement: “Local governments should be required to first go through mediation before filing for Chapter 9,” the form of bankruptcy reserved for municipalities.

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How Congress Can Support Financial Innovation

09/20/11

Create a national charter for nonbanks so they don't have to go through banks to offer credit and other financial products to underserved consumers.

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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

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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 [...]

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