News Topic: consumer bankruptcy

A Rhode Island lawmaker slipped a potential gift for debt-laden graduates into his proposal to tweak the consumer bankruptcy rules: a provision allowing those with crushing medical bills to eliminate their student loans, too. ... Read full article

It’s not one of the multibillion-dollar settlements or multimillion-dollar jury awards designed to spur reform of such allegedly abusive mortgage-servicing practices as falsified court documents, improper fees and other misconduct. But a recent ruling ... Read full article

Chapter 13 trustees handle millions of dollars in plan payments every year. At some point in likely a sizable portion of cases, the trustee accumulates these payments instead of distributing the funds to creditors. What happens if a debtor's case is ... Read full article

Nortel Networks Corp.'s warring creditors are headed into a July showdown over a $1.6 billion question that creditors outside the U.S. said could be the key to a fast payday in the long running international insolvency. The Wall Street Journal has ... Read full article

Just a quick note to follow up on previous posts ( here and here ) and report that the First Circuit reversed In re Traverse .  Thanks to ... Read full article

Owners of a Delaware daycare center whose workers pushed three-year-old boys into a fistfight and then captured the event on a cell phone video can’t use bankruptcy to get out from under a possible damage award, a judge said this week . ... Read full article

Did Law v. Siegel Sound the Death Knell for the Equity Powers of the Bankruptcy Court?   Mark Berman thinks so . ... Read full article

I just read Jennifer Taub's outstanding book  Other People's Houses , which is a history of mortgage deregulation and the financial crisis.  The book makes a nice compliment to Kathleen Engel and Patricia McCoy's fantastic  The Subprime ... Read full article

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Energy Future Holdings Corp.’s $42 billion bankruptcy will remain in Delaware, a judge said Thursday, dashing the hopes of unhappy creditors who wanted to see the big Chapter 11 case moved to the company’s home state of Texas. The Wall Street Journal has ... Read full article

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By:  Christopher McCune St. John’s Law Student American Bankruptcy Institute Law Review Staff   ... Read full article

By: Sarah Roe St. John’s Law Student American Bankruptcy Institute Law Review Staff   ... Read full article

By:  Steven Ching St. John’s Law Student American Bankruptcy Institute Law Review Staff   ... Read full article

By: Michael C. Aryeh St. John’s Law Student American Bankruptcy Institute Law Review Staff   ... Read full article

By: Kimberly Tracey St. John’s Law Student American Bankruptcy Institute Law Review Staff   ... Read full article

By:  Christian Corkery St. John’s Law Student American Bankruptcy Institute Law Review Staff   ... Read full article

Bankruptcy attorney James Selbach is used to being told he’s overreacting. ... Read full article