Recent News
Behind Consumer Agency Idea, a Tireless Advocate – Wash Post
WASHINGTON — Ask Elizabeth Warren, scourge of Wall Street bankers, how they treat consumers, and she will shake her head with indignation. She will talk about morality, about fairness, about what she calls their “let them eat cake” attitude toward taxpayers. If she is...
United States Supreme Court issues Student Loan Opinion
For a copy of the opinion, click here From the opinion: "Espinosa’s failure to serve the summons and complaint as required by the Bankruptcy Rules deprivedUnited of a right granted by a procedural rule. United could have timely objected to this deprivation and...
United States Supreme Court Bankruptcy Case on the Means Test… What Does it Really "Mean"?
Here is the transcript of the Lanning case that was heard by the United States Supreme Court yesterday. This case, when decided, will provide some definition to what the "means test" actually means ! As bankruptcy attorneys, we all eagerly await this decision. John...
FTC Amends Free Credit Reports Rule To Help Consumers Steer Clear of ‘Free’ Offers that Cost Money
[youtube=http://www.youtube.com/watch?v=dYLBPwOvQPc] "Starting April 2, advertising for “free credit reports” will require new disclosures to help consumers avoid confusing “free” offers – which often require consumers to spend money on credit monitoring or other...
The "Wal-Mart" Footnote – Milavetz v. U.S.
I think the key part of the entire recent United States Supreme Court Opinion in Milavetz v. United States, as far as any legible understanding of what debtor’s attorneys can and can not advise clients is in Footnote 6 of the opinion, which is found on page 18, the...
Justices reject First Amendment challenges to bankruptcy law
This summary of today's opinion from First Amendment Scholar David L. Hudson, Jr. and the First Amendment Center: click here for the article click here for the USSC opinion I have not read the opinion itself, but in reading Mr. Hudson's summary, it sounds as if...