Bankruptcy Blogs

What is an Offer in Compromise? Can It Help Me Avoid Bankruptcy?

08/08/11

What is an Offer in Compromise? Tax settlement firms love to advertise the offer in compromise, a method for resolving IRS back taxes that theoretically involves payment of a small portion of the outstanding tax bill owed and forgiveness of the rest. Firms like Tax Masters love to imply that the IRS will simply forgive [...]

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The Rating Agencies Are Very Patient with the U.S.

08/08/11

The downgrading of the government to double-A-plus was not only correct but overdue. If anything, S&P should have taken Uncle Sam down to double-A-minus, given the deadlock over revenues and spending.

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Why Small Business Hates Banks

08/08/11

Hang on for a tale of excruciating negotiations and thousand-page document requests as a small business tries to provide its landlord with a letter of credit.

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Decision in DBSI Inc., Reminds Us that District Courts have Personal Jurisdiction Throughout the United States

08/08/11

Summary

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Decision in Friedmans's Reviews Delaware Precedent on Recharacterization

08/08/11

Summary

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AIG sues Bank of America for $10B over mortgages

08/08/11

August 08, 2011 1:14 PM EDT NEW YORK (AP) — American International Group Inc. said Monday it sued Bank of America Corp. for more than $10 billion, saying the bank cheated it by selling residential mortgage-backed securities that were overvalued....

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THE UNITED STATES TRUSTEE BROWN BAG SERIES

08/08/11

Chapter 11 Compliance Camp: An Overview of New Electronic and Existing Compliance Procedures Presented by Los Angeles Field Office, Region 16 Date: Friday August 19, 2011 Time: Noon to 1:30pm (you are welcome to bring your lunch) Where: Office of...

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