Fee-waiver and installment-payment requests in individual chapter 7 cases are on the rise, putting increasing pressure on the budgets of the courts and chapter 7 trustees.
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Arbitrability of Student Loan Dischargeability
In their first years of coexistence, the Bankruptcy Code and Federal Arbitration Act (FAA) rarely, if ever, intersected, but the explosion in student loan debt has finally led to their entanglement.
How Long Will Bankruptcy Filings Remain Stable?
While filing levels have been relatively unchanged for the last several years, in the bankruptcy world large annual swings in filings are far more common than periods of stability.
Climate-Change Claims in Bankruptcy Courts
In In re Peabody Energy Corp., the district court affirmed the bankruptcy court’s finding that causes of action to hold a coal company responsible for climate change were discharged in bankruptcy.
Hon. Eugene R. Wedoff 7th Circuit Consumer Bankruptcy Conference
Chicago, IL ~ October 14
Three Bills on the Move in Congress
The House this week approved both the Small Business Reorganization Act (HR 3311) and the Family Farmer Relief Act (HR 2336) and cleared each of them for action by the Senate as early as next week.
When Pets Are Collateral for Secured Loans
Although animal lovers might not want to believe it, it is possible for pets in the U.S. to be seized and sold for debt repayment.
How the Bankruptcy Code Disserves Those Who Have Served
Veterans compensation is complex.Proper representation for veterans will give them the best opportunity for success and might avoid bankruptcy altogether.
Self-Inflicted Disability Won’t Make Student Loans Dischargeable, BAP Says
The BAP avoided making a rule that would have allowed convicted felons to discharge student loans more easily than debtors with clean records.
Supreme Court to Tackle a Bankruptcy Tax Refund Circuit Split
Circuits are split on whether a tax refund presumptively goes to the subsidiary that created the losses giving rise to the refund.
Words of Caution for Leveraged Lenders
While economists and policymakers debate over the fragility of the global financial system, one thing is certain: Credit markets remain inundated with low-cost capital looking for gainful returns.
Navigating Banking in Bankruptcy, according to this recent review, is a useful resource to both business and consumer practitioners, as well as banking professionals.
ABI Testifies at House Judiciary Committee Hearing
Hearing on Oversight of Bankruptcy Law and Legislative Proposals.
Direct-Payment Defaults Can Forestall Chapter 13 Discharges
