News Topic: consumer bankruptcy

Getty Images The country’s bankruptcy courts are holding onto money for people who don’t realize it’s theirs. ... Read full article

Patriot Coal Corp. will soon be able to poll creditors on its chapter 11 bankruptcy plan, Daily Bankruptcy Review reports . (Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies ... Read full article

Alpha Natural Resources Inc., one of the largest U.S. coal producers, filed for chapter 11 bankruptcy protection on Monday to cut its more than $3 billion debt load, The Wall Street Journal reported . The Bristol, Va., company will likely sell some of its ... Read full article

Johnson & Wales University is fighting to keep $46,909 in tuition paid by a Connecticut couple for their daughter’s education against the demands of a bankruptcy court-official, who sued to get that money back. The private, Rhode Island-based college ... Read full article

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Supreme Court of the United States Getty Images The U.S. ... Read full article

The Supreme Court ruled unanimously in favor of Bank of America in  Caulkett v. Bank of America . Basically the Court found itself bound by its previous decision in  Dewsnup  and didn't think that any of the distinctions presented (by yours truly ... Read full article

House Judiciary Committee Chairman Rep. Bob Goodlatte (R., Va.) listens to testimony on Capitol Hill in Washington, Tuesday May 19, 2015. He blasted the U.S. ... Read full article

In case you haven't seen it, the SCOTUS issued its unanimous opinion in Harris today, holding that postpetition wages held by the Chapter 13 trustee at the time a case is converted to Chapter 7 must be returned to the debtor. ... Read full article

Last week, our Examiners took on the controversial issue of student loan debt and bankruptcy . And the group came down on both sides as to whether student loan debt should be dischargeable in bankruptcy, with arguments for a change to the bankruptcy code, ... Read full article

Corinthian Colleges filed for bankruptcy and shut down all its campuses, and its former students just won a formal committee role in the case. ... Read full article

Should the bankruptcy code be amended to make it easier for borrowers to seek forgiveness of student loan debt through a bankruptcy filing? ... Read full article

Should the bankruptcy code be amended to make it easier for borrowers to seek forgiveness of student loan debt through a bankruptcy filing? ... Read full article

Should the bankruptcy code be amended to make it easier for borrowers to seek forgiveness of student loan debt through a bankruptcy filing? ... Read full article

Reuters/Joshua Roberts A federal lawmaker is proposing to ban bankruptcy trustees from trying to claw back tuition money from universities and, in some cases, college students themselves—a legal maneuver that ... Read full article

Should the bankruptcy code be amended to make it easier for borrowers to seek forgiveness of student loan debt through a bankruptcy filing? ... Read full article

Should the bankruptcy code be amended to make it easier for borrowers to seek forgiveness of student loan debt through a bankruptcy filing? ... Read full article

Should the bankruptcy code be amended to make it easier for borrowers to seek forgiveness of student loan debt through a bankruptcy filing? ... Read full article