Bankruptcy Blogs

Billionaire’s Ex-Wife Discloses Assets With Bankruptcy Court

07/14/11
Associated Press/Daily Progress
Patricia Kluge stands with her husband, Bill Moses.

Patricia Kluge may have

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Prisoners: When it Comes to Debtor-Creditor Issues, They’re Just Like Us

07/14/11

Once or twice a year, students from the University of New Mexico School of Law Clinic visit a women’s prison to provide brief legal services to those incarcerated there. We always assumed most of  inmates’ questions dealt with family law, so my group, the Business and Tax Clinic (the “B & T Clinic”), never went. This year, our Qualified Tax Expert, Professor Pamelya Herndon wanted to attend, and three of our students joined her.

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Is it That Hard to Find a Good Payday Loan? One Woman Paid $900 in Finders Fees

07/14/11

Following our prison visit in clinic this past week, we promised to report on a brand new (to us) scam, one involving a company that helps people “find” payday lenders. My student Bridget Mullins reports on it here.

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The Daily Docket: WaMu Shareholders Blast ‘Profoundly Flawed’ Bankruptcy

07/14/11

Shareholders of Washington Mutual Inc. say the holding company at the heart of the largest banking collapse in U.S. history ran a “profoundly flawed” bankruptcy case, one that means a $7 billion payday for “powerful creditors” at the expense of others. Read the Daily Bankruptcy Review story here.

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Bankruptcy: Keeping the Lights On

07/13/11

Can the Power Company Turn Off My Lights When if I File for Bankruptcy? It’s hot outside and the economy is still in shambles. No one wants to be left without air conditioning in July. If you’re concerned about having the power shut off due to past due bills, it is important to be aware [...]

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Webinar on the Supreme Court

07/13/11

Join Supreme Court expert Lyle Denniston for this upcoming CLE conference. Join us online on Tuesday, August 9 at 1:00PM ET for SCOTUS Annual Term Update: Recent Decisions You Need To Know Key issues that will be discussed: ** Overview...

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Credit Union Choice: Protect Members or Other CUs

07/13/11

Healthy credit unions are becoming less willing to reduce their members' value proposition for the sake of the industry.

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Can you Strip down a vehicle loan in Chapter 13?

07/13/11

I heard that you can keep your vehicle in Chapter 13 and pay less than your vehicle’s outstanding loan balance. Is this true? In all situations filing a Chapter 13 bankruptcy petition will allow you to keep your vehicle. Even if you are behind on your vehicle payments by several months or more, a Chapter [...]

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Credit Union Choices: Valuing Members Versus the Industry

07/13/11

As they facing daunting capital decisions this summer, healthier credit unions are becoming less willing to reduce their members' value proposition for the sake of the industry.

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