Recent News
Kennedy and the Code- WSJ
A good look by the WSJ on the impact that the late Sen. Ted Kennedy had on recent changes to the bankruptcy code: http://blogs.wsj.com/bankruptcy/2009/08/26/kennedy-and-the-code/
Really, It’s Not That Hard to Compile the Information for a Bankruptcy Filing
Very helpful information for consumers by Craig Andresen, Attorney at Law: http://www.bankruptcylawnetwork.com/2009/09/24/really-its-not-that-hard-to-compile-the-information-for-a-bankruptcy-filing/ If you live in Kentucky and think bankruptcy may be an option for...
Be careful what bank your bank account is with when you file bankruptcy !
North Carolina Bankruptcy Attorney Susanne Robicseck gives consumers a very good warning about bank accounts and filing bankruptcy: http://www.bankruptcylawnetwork.com/2009/09/23/banks-and-credit-unions-can-keep-money-when-bankruptcy-is-filed/ I always advise my...
Rethinking Bankruptcy and Student Loans
"WASHINGTON -- As Congress and the White House move to alter bankruptcy code to make it more equitable to consumers, a House subcommittee began a reconsideration Wednesday of how bankruptcy law treats private student loan debt. Rep. Steve Cohen (D-Tenn.), chair of the...
Should Your Corporation or Limited Liability Company File Chapter 7 Bankruptcy?
A good blog post by Charleston Bankruptcy Lawyer Russell A. DeMott: http://www.bankruptcylawnetwork.com/2009/09/22/should-your-corporation-or-limited-liability-company-file-chapter-7-bankruptcy/ I generally agree with his comments, and would add one experience I had...
Bankruptcy filings return to pre-reform-law pace
It may have seemed like a good idea at the time, at least for lenders: a substantially fortified bankruptcy law that made it tougher for consumers to stiff credit card companies, banks and similar firms. And it seemed to work, significantly reducing the number of...
