consumer bankruptcy

The Daily Docket: Geithner to Answer Lehman Questions

03/21/12

Lawyers for Treasury Secretary Timothy Geithner said he will respond to questions from Lehman Brothers Holdings Inc.’s creditors over allegations that J.P. Morgan Chase & Co. illegally siphoned billions of dollars from the collapsing investment bank in the days before it filed for the largest bankruptcy in U.S. history. Read the Daily Bankruptcy Review story here.

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Debtor Can’t Avoid Judgment Lien That Attached Prior to Homestead Declaration

03/16/12

By: Alyssa Baer

St. John’s Law Student

American Bankruptcy Institute Law Review Staff

 

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Littwin on Bankruptcy Without a Lawyer

02/27/12

A few weeks ago, Katie Porter noted the release of the new book, Broke: How Debt Bankrupts the Middle Class. We are trying to feature posts from the authors of Broke about their contributions. Today's post comes from Professor Angela Littwiin of the University of Texas School of Law and a founding member of Credit Slips:

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Teach Consumer Bankruptcy

02/22/12

It's the time of year when professors, including those who are adjunct professors or are interested in teaching as adjuncts, submit their proposed courses for the next academic year. Many of us teach a general 3 or 4 unit bankruptcy course that uses a textbook, and some of us teach specialized seminars on chapter 11. This year think about teaching a seminar on consumer bankruptcy. I've got just the class all ready to go--course pack, syllabus, writing assignments, even in-class exercises.

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Determining Meaning of Debtor’s Principal Residence Under BAPCPA

02/21/12

By: Patrick McBurney

St. John's Law Student

American Bankruptcy Institute Law Review Staff

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Bankruptcy Implications of AG Settlement

02/09/12

Even though I was up at 4am Pacific this morning, the AG and federal government mortgage settlement was nearly old news by then. But in case you haven't heard, here is your official Credit Slips announcement--there was a $26 billion settlement.While the details are still being released, I am already concerned about how the settlement will affect bankruptcy cases.

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Fixing the "Fixed" Forms

02/08/12

Two weeks ago, I blogged about the Forms Modernization Project's effort to create new forms specifically for consumer bankrupts. The chair of that Project, Judge Elizabeth Perris, offered a lengthy comment that shared some information on the goals and process. I recommend it to you.  She noted that law students were asked to review the forms.

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The Daily Docket: Saab to Enter Chapter 11

02/08/12

Saab Cars North America said it will file for Chapter 11 protection in Michigan, a move that comes a little more than a week after some of its dealerships sought to push the Swedish auto maker’s U.S. unit into bankruptcy proceedings in Delaware. Read the Daily Bankruptcy Review article here.

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Llamas, Tigers and Bears, Oh My!

02/01/12
Associated Press
Llamas from Ryan Patrick Scott’s failed business venture are seen in Independence, Iowa.

Household pets who belong to financially struggling owners co

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The Backdrop for BROKE: Consumer Debt Then and Now

01/30/12

In the introductory chapter of the book, Broke: How Debt Bankrupts the Middle ClassI present some data about consumer debt levels in the United States.

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