Bankruptcy Blogs

Meaningfully Shopping for Insurance is Next to Impossible

04/22/11

Anybody who cares about consumer rights should take a look at this recent article by Professor Dan Schwarcz, a law professor and insurance expert from the University of Minnesota Law School. This guy actually gets his jollies reading insurance policies, and what he has learned can help you. Well, sort of…..

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Chicken Little Was Right!!

04/22/11

THIS IS ABOUT THE AMAZON EC2 "CLOUD" CRASH - OFF-TOPIC? MAYBE NOT)
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Chicken Little Was Right!!

04/22/11

THIS IS ABOUT THE AMAZON EC2 "CLOUD" CRASH - OFF-TOPIC? MAYBE NOT)
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I have heard about certain debts that cannot be discharged? What are some examples?

04/22/11

When you receive a “discharge” under bankruptcy it means that you are no longer liable for your debts. This means you don’t have to pay them and a creditor cannot come after you anymore. However, there are some debts which are considered “nondischargeable” under bankruptcy law, meaning that you cannot discharge your liability on these [...]

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Business Owners: When Can You Decline Employment To Applicant With Previous Bankruptcy Filing

04/22/11

With the economy and unemployment figures as they are today, many businesses find they have many more applicants for a job opening.  This means employers may look for more ways to filter the resumes before the final rounds of interviews.  Should a personal bankruptcy filing in the applicant's past be considered in employment decisions?

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Business Owners: When Can You Decline Employment To Applicant With Previous Bankruptcy Filing

04/22/11

With the economy and unemployment figures as they are today, many businesses find they have many more applicants for a job opening.  This means employers may look for more ways to filter the resumes before the final rounds of interviews.  Should a personal bankruptcy filing in the applicant's past be considered in employment decisions?

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Another Robo-Signing Problem

04/21/11

The other shoe drops: allegations of robo-signing in credit card collections (courtesy of the AP and CNBC). If it is happening in assembly-line mortgage foreclosures, there is no reason to think it is not happening in other assembly-line debt collections.

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Important Announcement From the United States Court of Appeals for the Ninth Circuit: Bankruptcy Judge Applications Currently Being Accepted

04/21/11

The United States Court of Appeals for the Ninth Circuit has asked us to make the following announcement: The United States Court of Appeals for the Ninth Circuit Invites applications from highly qualified candidates for the position of Bankruptcy Judge for the Northern District of California, Oakland Division. The term of office is 14 years subject to applicable [...]

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The Good News about Bankruptcy: The Automatic Stay

04/21/11

In the majority of bankruptcy initial consultations I have conducted, I hear the same story. This story is about someone who has fallen on financial hard times. Many times, this story involves  the person recounting me about how they are paralyzed by the fear of impending lawsuits, garnishments, or foreclosure.  This story inevitably includes a comment [...]

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What is an “Adversary Proceeding?”

04/21/11

An adversary proceeding is a separate lawsuit that takes place in the context of a bankruptcy filing. As the name suggests, there are typically two parties fighting over some issue that requires the bankruptcy judge to decide an issue in one way or another. Adversary proceedings can be initiated by the debtor, a creditor, or [...]

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