Cash For Clunkers Programs? Now They Are Everywhere!
According to an article in the Star-Telegram, as more business face the possibility of bankruptcy because of falling revenue, retailers around the country are following the marketing trend created by the federal government--"cash for...
Serial Bankruptcy Filer Denied Automatic Stay
In the Chapter 13 bankruptcy case of Nutter, Gregory W.; In re, the bankruptcy court denied the Chapter 13 debtor's motion to extend the automatic stay.The details of the bankruptcy case: "The Chapter 13...
Credit Card Companies Switch Borrowers To Variable Rate Cards
According to an article in the Star-Telegram, credit card lenders such as Bank of America, Chase and Discover have switched many credit card customers from fixed rate credit cards to variable rate credit cards...
U.S. Bankruptcies Surpass One Million In 2009
According to an article in the Bloomberg, U.S. consumer bankruptcies rose past 1 million during the first nine months of 2009. That's the highest number of bankruptcies since the 2005 changes to bankruptcy laws....
Servicemember’s Civil Relief Act Protects Active Duty Members From High Interest Rates On Credit Cards
According to an article in the Dallas Morning News, the Servicemember's Civil Relief Act (SCRA) provides a wide range of protections for active duty members who may be facing high interest rates on their...
Investors Look To Bankruptcy Loans As Hot New Opportunity
According to an article in Reuters, credit markets are finally loosening for corporations who have filed Chapter 11 bankruptcy. Many investors are taking a close look at investing in bankruptcy loans given to companies...
Debtor Denied Bankruptcy Exemption For Trust
In the bankruptcy case of Lunkes, William J.; In re, the bankruptcy court denied the debtor a bankruptcy exemption for a trust left by the debtor's father. The details of the bankruptcy case: "In...