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20 Oct 2006, 1:47 am
"The National Association of Bankruptcy Attorneys says "phooey" to reform and points out that consumer bankruptcies are on the rise, costs are up, administrative burdens are increased, and, in the words of the association's president, Henry Sommer, "[t]he only thing Congress succeeded in doing when it adopted the 2005 bankruptcy amendments was to erect new hurdles in the path of people who legitimately and often desperately need the… [read post]
3 Aug 2023, 12:00 am
They accounted for 98 percent of all companies forced to close due to a worldwide pandemic based on data from the US Small Business Administration. [read post]
3 Aug 2023, 12:00 am
They accounted for 98 percent of all companies forced to close due to a worldwide pandemic based on data from the US Small Business Administration. [read post]
25 Oct 2010, 12:34 am
Therefore, on Friday, the Bankruptcy Administrator asked the bankruptcy court for authority to reconstitute the Creditors' Committee by removing those three entities and adding two new Committee members:Solvay Solexis, Inc. [read post]
10 Jan 2010, 10:22 pm
An action is related to bankruptcy if the outcome could alter the debtor's rights, liabilities, options, or freedom of action (either positively or negatively) and which in any way impacts upon the handling and administration of the bankrupt estate. [read post]
27 Aug 2008, 6:29 pm
Here is the news release from US Courts on the most recently compiled bankruptcy statistics. [read post]
3 Oct 2010, 11:01 am
I personally know of two cases where a bankruptcy debtor in Arizona got a visit from a bankruptcy case administrator, or a bankruptcy trustee, or both. [read post]
17 Mar 2017, 8:47 am
For those who like figures: "We have 14 district and bankruptcy courts. [read post]
22 Feb 2011, 8:43 am
If so, expect your case to be open for administrative purposes for four years or so, as opposed to a "no-asset" case, which will probably be open for administrative purposes for a year or less. [read post]
29 Dec 2009, 8:44 pm
NEVADA Has state opted out of federal bankruptcy exemptions? [read post]
14 May 2009, 5:03 am
Remember from my prior posts that a Chapter 7 bankruptcy with any assets at all will remain open for administrative purposes for two to three YEARS. [read post]
26 Sep 2016, 4:00 am
He apologizes to victims, but says that retroactive lifting of the statute of limitations will likely force the Archdiocese to file for bankruptcy. [read post]
25 Feb 2009, 9:51 pm
" Prior to beginning my law practice in 2000, I spent 11 and a half years working as a senior administrator for the U.S. [read post]
19 Oct 2009, 12:02 pm
There was a lot of debate over the Chrysler and GM bankruptcies, and in particular the "aggressive" use of Section 363 of the Bankruptcy Code, the provision that allowed for a quick sale of Chrysler's assets in bankruptcy. [read post]
11 Aug 2012, 11:39 am
I generally try to avoid politics on this blog, although readers know that I was generally supportive of the Administration's approach to the auto bankruptcies. [read post]
8 Feb 2019, 6:34 am
Bergeson On January 29, 2019, the Renewable Fuels Association (RFA) President and Chief Executive Officer (CEO), Geoff Cooper, submitted a letter to EPA Acting Administrator, Andrew Wheeler, regarding the Renewable Fuel Standard (RFS) Reset Rule. [read post]
30 Sep 2012, 9:00 pm
The Over/Under simply asks whether in the previous 6 months before filing chapter 7 bankruptcy is your combined household income (excluding any income from the Social Security Administration) above Colorado’s annual median income for your household size. [read post]
17 Jan 2017, 8:14 pm
Honeywell Technology Systems Inc. 16-521 Issue: Whether a debtor’s oral disclosure to the bankruptcy trustee of a pending administrative matter is material evidence of mistake or inadvertence sufficient to defeat a motion for summary judgment on the ground of judicial estoppel in civil litigation arising out of the administrative matter. [read post]
1 Sep 2009, 3:04 am
The twelve factors are: (1) the effect or lack thereof on the efficient administration of the estate if a Court [*17] recommends abstention, (2) the extent to which state law issues predominate over bankruptcy issues, (3) the difficulty or unsettled nature of the applicable state law, (4) the presence of a related proceeding commenced in state court or other nonbankruptcy court, (5) the jurisdictional basis, if any, other than 28 U.S.C. [read post]
18 Jul 2010, 9:02 am
The United States Trustee Program, a component of the Department of Justice http://www.usdoj.gov/ which seeks to promote the efficiency and protect the integrity of the Federal bankruptcy system, is recruiting for a F/T Legal Clerk position in Peoria, Illinois providing clerical support in the performance of daily, routine office functions as it relates to the administration of bankruptcy cases. [read post]
