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Allmand Law Firm
October 20, 2009 News

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...

Allmand Law Firm
October 16, 2009 News

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...

Allmand Law Firm
October 13, 2009 News

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...

Allmand Law Firm
October 8, 2009 Bankruptcy, News

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....

Allmand Law Firm
September 30, 2009 News

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...

Allmand Law Firm
September 27, 2009 News

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...

Allmand Law Firm
September 17, 2009 News

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...