Bankruptcy Blogs

Paper Checkbook Registers or Online Banking: Which is Best?

07/16/11

Paper checkbook registers?  Ask around; they seem to be going the way of the dinosaurs.  Why keep track of your checking account using paper, of all things, when the bank helps you do it online with no fuss and no muss?  Well, maybe the paper checkbook register question is not as simple as it seems — especially [...]

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Liens and Bankruptcy

07/16/11

When I meet with a new client to go over their possible bankruptcy filing, I always ask about what they own–real estate, cars, etc.–and what claims are filed against it–mortgages, title loans, etc. Often, the client says that they don’t own any of these things. When I press a bit, I am told, “Well, the [...]

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Status Quo Management Is the De Novo Branch Downfall

07/15/11

Banks often treat new branches as business as usual - paying scant attention to their unique status.

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Chicken Out Rotisserie Seeks to Trim Financial Fat

07/15/11

Bankruptcy lawyers have taken executives at Chicken Out Rotisserie by the hand to lead them over to whatever side of the road will make the chain’s 10 remaining restaurants profitable again.

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Congressman Ruben Hinojosa, who Voted for BAPCPA, Files Chapter 11 Plan and Disclosure Statement with 0.00009 % of Unsecured Claims Paid, Seeks Early Discharge

07/15/11

Congressman Ruben E. Hinojosa is in the bankruptcy context is most know for while having voted for the reform bill BAPCPA had himself exempted from Debtor In Possession accounts and Congressman Hinojosa had his bankruptcy petition sealed.   The sealing of his petition is now on appeal.  He has now proposed his Chapter 11 Plan [...]

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Struggling Firms Turn to Daily-Deal Sites

07/15/11
Getty Images

A Windstar cruise with “massive white sails, polished teak decks, modern luxury from staterooms to spa,” all at a discounted price?

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Debt Ceiling Thoughts

07/15/11

From the public signals, it seems as thought the President and Democratic leadership are trying to reach a reasonable deal with the GOP, but are ultimately determined to avoid a default on US debt or ratings downgrade no matter what the price.  They'll agree to huge cuts to Social Security, Medicare, and other parts of the social safety net if that's what it takes to avoid a default.  I sense that part of the GOP gets this and is going to milk them for all they're worth.

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The Broke and the Beautiful: Celebrities in Bankruptcy

07/15/11

Hello, and welcome to The Broke and the Beautiful. With this new weekly fixture, Bankruptcy Beats aims to bring you a roundup of the biggest celebrity-related bankruptcy news. This week, creditors of Eva Longoria’s Beso LLC want a trustee for the business, whose nightclub just closed. Rapper 50 Cent is fighting former protégé Young Buck’s bankruptcy plan, and the Los Angeles Dodgers make headlines with news on injured fan Bryan Stow.

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Housing for the Homeless, Inc. (in organization)

07/15/11

The other day, I responded to a comment on Twitter from a knowledgeable mortgage financing friend regarding the current housing situation

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Frequently asked questions on bankruptcy process (Chapter 7 & Chapter 13) in Russian

07/15/11

Нашу рубрику о банкротстве сегодня ведёт адвокат Ирина Ласт, партнёр в юридической фирме “Carley & Lust, Attorneys at Law PLLC”.  Добрый день, Я хотела бы кратко рассказать о процедуре банкротства и ответить на часто задаваемые вопросы от наших клиентов.  Процедура банкроства была создана для того чтобы помочь людям начать свою финансовую жизнь заново и оставить [...]

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