Bankruptcy Blogs

Calumet City Bankruptcy Attorney Saves Homes With Chapter 13

08/19/11

The most common form of a chapter 13 bankruptcy is to save a home.  This is the scenario I’m talking about.  If someone has fallen behind on their mortgage payment for whatever reason – it could be a medical reason, job related, or divorce.  They don’t have the ability to make a one-lump-sum payment to [...]

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Tinley Park Bankruptcy Attorney Addresses The Tendency To Wait To File

08/19/11

Bankruptcy is a tough thing to do.  For many people, it’s a mental thing to do.  But, what I found is most people, once they go through the process, they will tell me, “I wish I had done it sooner.  I wish I didn’t wait 2-1/2 years to make this fresh start transition.  I wish [...]

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Employer Can Refuse To Hire Bankruptcy Debtors

08/19/11

I have previously written posts on the subject of bankruptcy and employment. How bankruptcy can effect your employment depends upon whether you are concerned about a current employer or employment. The bankruptcy code clearly prohibits your present employer from firing you because you filed bankruptcy while employed. Whether your bankruptcy can affect future hiring is not specifically dealt with in the bankruptcy law, and at least one bankruptcy court had permitted discrimination against bankruptcy debtor by new employers in their hiring process.

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Hospitals Get Poor Diagnosis at Roundtable

08/19/11
Stephanie Wickouski, Bryan Cave

There have been marquee retail bankruptices in recent months while housing-related businesses continue to stagger, but panelists at this year’s DBR Roundtable focused on a less-prominent distressed industry

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The Broke and the Beautiful: Sports Edition

08/19/11

This week on The Broke and the Beautiful, sports news abounds. The estate of the late crooner Frank Sinatra wants a voice in the Los Angeles Dodgers’ future, the Texas Rangers’ former owner faces a lawsuit, and the New York Mets’ owners may need to give at least $300 million to the trustee chasing down recoveries for Bernard Madoff’s investment-fraud victims. Meanwhile, football player Mark Brunell is hoping to leave bankruptcy soon, and actor Burt Reynolds may lose his home to foreclosure.

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FHA Tightened Enforcement During Stevens' Tenure

08/19/11

American Banker challenged the enforcement record of the FHA under the leadership of former commissioner David Stevens. During this period the program took important steps to reduce its risk.

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