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21 Jun 2013, 6:00 am by admin
This week in bankruptcy news: The year long bankruptcy case for Kodak is finally coming to an end as the newly restructured company offers up equity shares to creditors. [read post]
19 Apr 2015, 11:01 am by Walter Olson
Sorry, class action lawyers, but LinkedIn’s “References Searches” function does not constitute a consumer credit reporting agency [ESRCheck] Tags: class actions, debtor-creditor law, social mediaLinkedIn dodges a legal bullet is a post from Overlawyered - Chronicling the high cost of our legal system [read post]
9 Nov 2006, 4:45 pm
., Nov. 6, 2006), in which the Delaware Supreme Court held that the Bankruptcy Trustee of the Creditor Trust did not have standing to appeal... [read post]
7 Dec 2007, 7:07 pm
The creditors lie in wait in their aisles ready to pounce on unsuspecting consumers praying on the fact that you will feel like a bad parent if [...] [read post]
20 Mar 2012, 9:59 am by admin
As reported by multiple news outlets, the Houston-based firm that claims to help consumers facing tax problems has filed for bankruptcy protection with less than $5,000 in assets and up to 5,000 creditors. [read post]
14 Feb 2015, 11:25 am by Mike Shovan
As reported by Robin Miller of CBAR, the Chapter 7 debtor could avoid, under Code § 522(f), a creditor’s judgment lien on homestead property owned by the debtor and his nondebtor wife as tenants by the entirety, insofar as the lien attached to the debtor’s interest in the property as a tenant by the [...] [read post]
24 Jul 2012, 4:00 am by Seth Leventhal
 Exemptions from state debt collection laws — that is, property that our legislature has determined is beyond the reach of creditors — is … Continue reading ? [read post]
17 Mar 2012, 8:00 am by Trusts EstatesProf
When the physician transferred the money in 2008, Panama was a notorious haven from the IRS and other creditors. [read post]
8 Mar 2008, 6:10 pm
. ----, 2008 WL 612790 (1st Cir BAP Jan. 2008) Issue: When a secured creditor obtains relief from stay to foreclose but no order abandoning the property and then agrees to... [read post]
22 Aug 2009, 7:58 am
Labuzan, --- F.3d ---, 2009 WL -------- (5th Cir. 2009)(these particular creditors had standing to claim damages based on violations of the automatic-stay provision,... [read post]
24 Aug 2011, 2:28 pm by Bankruptcy Prof
Panel members have served as Trustee, Creditors Committee counsel, Debtor's counsel, and special litigation counsel in law firm... [read post]
17 Nov 2011, 10:21 am by Bankruptcy Prof
., the second- largest U.S. owner of oil tankers, filed for bankruptcy protection from creditors after falling oil demand and a surplus of ships led to two years of losses. [read post]
2 Apr 2012, 4:24 am by Stephen Page
RT @kaseyfoxlawyer: RT @dgawthornefl Creditor's application to set aside BFA can’t be determined summarily http://t.co/GPhh8Cwj #FamilyLawStephen Page, Harrington Family Lawyers, Brisbane spage@harringtonfamilylawyers.com 61(7) 3221 9544 [read post]
19 May 2007, 2:26 pm
In many bankruptcies, there are some nonexempt assets that the trustee gets to sell, or some cash that the trustee gets to use to pay to unsecured creditors. [read post]
12 Oct 2007, 10:00 am
Creditors believed that when they re-wrote the Bankruptcy Code, they would force consumers to reaffirm their car loans. [read post]
21 Apr 2008, 8:00 am
The Statement of Intention is a form completed by the debtor that advises the court, the Trustee, and your creditors what you intend to do with your secured collateral such as your [...] [read post]
27 Oct 2014, 8:41 am by Associated Press
The city of Detroit made its final argument Monday to get out of bankruptcy, saying creative deals with creditors and other key factors have put it in position to scrub its books less than 16 months after filing the largest public case in U.S. history. [read post]
21 Sep 2011, 12:57 pm by Sara Randazzo
Acting on a request from Citibank, the defunct firm's largest creditor, San Francisco federal bankruptcy judge Dennis Montali ruled Wednesday that the Chapter 11 case should be removed from the Howrey estate's control. [read post]
1 Sep 2022, 5:30 pm
People who file a bankruptcy case in Minnesota have the option of choosing the exemptions specifically provided by the Federal Bankruptcy Code (commonly referred to as the “Federal exemptions”), or any other applicable Minnesota State or Federal laws (aka “State exemptions”), to protect their property from creditors. [read post]