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27 Mar 2012, 7:10 am by Robert Siegel
This is not because (as HUD Secretary Donovan’s office no doubt would like us to believe) the Robo Settlement specifies that the servicing agreements in place between the big bank servicers and the securitization trusts continue to govern the servicing relationship, but because under the United States Constitution (yes, we still have one) our government (both federal and state) has no right to interfere with such contractual relationships in the first place. [read post]
26 Mar 2012, 8:59 am by Peter Vodola
A jury in the United States District Court for the Southern District of Florida recently "found in favor of plaintiff Steven A. [read post]
26 Mar 2012, 7:22 am by McNabb Associates, P.C.
The media house quoted a trustee on the Detroit Police and Fire Pension Fund as saying, “This is what movies are made of. [read post]
24 Mar 2012, 9:34 pm by Christopher Ariano
The last term is United States trustee, which is an officer of the Justice Department responsible for supervising the administration of bankruptcy cases, estates; trustee’s and monitors plans, and disclosure statements in chapter 11 cases and performing other statutory duties. [read post]
23 Mar 2012, 1:00 am
  According to Section 506 of the United States Bankruptcy Code, a lien can only be secured by collateral if there is enough value in the collateral to cover that lien. [read post]
20 Mar 2012, 9:26 pm
The law provides that a party may move for a judgment dismissing one or more causes of action against him on the ground that there is another action pending between the same parties for the same cause of action in a court of any state or the United States. [read post]
17 Mar 2012, 8:30 pm by Christopher Ariano
A Bankruptcy Judge is a judicial officer of the United States district court who is the court official with decision making power over federal bankruptcy cases. [read post]
16 Mar 2012, 11:02 am by Stephane Dupont
A subsequently filed public trustee foreclosure can also be problematic if an accelerated amount contains assessments which would have come due, in the absence of acceleration, after the bank takes ownership of unit. [read post]
16 Mar 2012, 8:14 am by doug
The Massachusetts homestead laws were completely overhauled in 2011, and United States Bankruptcy Judge William Hillman decided that he could find no explicit requirement in the new rules that required people to sign homestead declarations as “trustee. [read post]
15 Mar 2012, 10:18 am by doug
Bye-bye mortgage, said United States Bankruptcy Judge William Hillman, in a case heard in his court. [read post]
15 Mar 2012, 8:53 am by Jonathan
”  While this type of activity would be considered unacceptable “income suppression” by the United States trustee, I fear that the Chapter 13 trustees’ hard line approach may encourage people to take the risk.I once had a long conversation with one of the attorneys in the United Statestrustee’s office who told me that their policy was to discourage Chapter 7 cases and encourage more people to… [read post]
14 Mar 2012, 11:00 pm by Christopher Ariano
A voluntary petition is filed by the debtor, which must be filed on the standard official form prescribed by the Judicial Conference of the United States. [read post]
14 Mar 2012, 5:01 pm by MPS
An objection to the debtor’s discharge may be filed by a creditor, by the trustee in the case, or by the US Trustee’s Office. [read post]