Bankruptcy Blogs

Listen to the Bankruptcy Spot on the River 95.9 with Scott Mackay

02/17/11

Starting on February 21, 2011, if you listen to Scott Mackay in the morning on the River, 95.9 FM, you will hear him talk about David Siegel. Each weekday, Scott will talk about the bankruptcy help that David Siegel provides from his Aurora, IL office. In addition to Chapter 7 bankruptcy and Chapter 13 bankruptcy relief, the office also can provide personal financial management instruction for those going through a bankruptcy. By listening, you can learn how people have found there way into debt, how they got out of debt, and helpful advice that has helped people stay out of debt.

[more]

To get a HAMP modification, does bankruptcy help?

02/14/11

To get a HAMP loan modification, some people need to file bankruptcy first.

I’m a Virginia bankruptcy lawyer.

[more]

TOUSA Fraudulent Conveyance Judgment Reversed by District Court

02/14/11
In a 113 page opinion, U.S. District Judge Alan S. Gold has reversed a controversial fraudulent conveyance judgment in the TOUSA bankruptcy case. In re TOUSA, Inc., Case No. 10-60017 (S.D. Fl. 2/11/11). You can find the opinion here.

A Series of Highly Unfortunate Events

[more]

Liquidating Trustee in Midway Games Files Preference Actions

02/12/11

Last year, the Liquidating Trustee (the "Trustee") in the Midway Games bankruptcy began filing avoidance actions against creditors of the bankruptcy estate.  Midway Games ("Midway" or the "Debtor") filed petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware on February 12, 2009.  For those not familiar with this bankruptcy proceeding, Midway developed and distributed video games throughout the North America, Europe and Asia.  See

[more]

After Bankruptcy, Credit Clean Up Service Can Really Help

02/12/11

Houston U.S. Courthouse where Bankruptcy Hearings and Meetings Occur

[more]

After Bankruptcy, Credit Clean Up Service Can Really Help

02/12/11

Houston U.S. Courthouse where Bankruptcy Hearings and Meetings Occur

[more]

Credit Counseling Can Be Taken Same Day As Filing

02/12/11

On December 10, 2010, President Obama signed into law the Bankruptcy Technical Corrections Act of 2010. This seven page document of technical changes was necessary to correct several sections of wording, numbering, lettering and indentation. However, the Congress missed their chance to correct some major errors such as the hanging paragraph of Section 1325(a).

[more]