Legislation And Statistics

UAE: Is Filing Bankruptcy A Crime? Bankrupt Man Flees Dubai

Trevor Higgins — Mon, 26 Oct 2009 18:45:37 GMT

A week ago, news broke that Simon Ford, owner of an events and alternative gifts company, BlueBanana.com, had fled the United Arab Emirates following the insolvency of his company, based out of Dubai, the UAE’s crown jewel city. BlueBanana sells

New Chapter 7 Bankruptcy Median Family Income Data Released

Trevor Higgins — Mon, 26 Oct 2009 19:02:33 GMT

As of October 1, the U.S. Trustee Program will be using new Median Family Income Data released by the Census Bureau for the Chapter 7 means test – Total Bankruptcy.

Federal Court: 2005 BAPCPA Provision is Unconstitutional

Trevor Higgins — Mon, 26 Oct 2009 19:11:23 GMT

Federal court: BAPCPA law banning lawyers from advising clients to acquire more debt before filing bankruptcy violates free-speech right — Total Bankruptcy.

Lawmakers Push for Delay of Foreclosures

Trevor Higgins — Mon, 26 Oct 2009 18:50:16 GMT

Lawmakers in Washington D.C. and New York have gone to bat for distressed homeowners in an attempt to help them avoid foreclosure – Total Bankruptcy.

Bush Signs Housing Bill to Grant Relief to 400,000 Homeowners

Trevor Higgins — Mon, 26 Oct 2009 19:15:12 GMT

Congress just passed a housing bill that pledges backing for Fannie Mae and Freddie Mac, as well as debt relief for 400,000 homeowners. More at Total Bankruptcy.

Study Shows that 2005 Bankruptcy Reform Helped Credit Card Companies, Not Consumers

Trevor Higgins — Mon, 26 Oct 2009 18:48:37 GMT

The 2005 bankruptcy reform bill promised less risk for credit card companies would make credit cheaper for consumers — but did it work? Total Bankruptcy.

Flood Victims Get Bankruptcy Break

Trevor Higgins — Mon, 26 Oct 2009 19:10:06 GMT

The requirements of credit counseling and debtor education programs have been relaxed for the victims of flooding in the Midwest – Total Bankruptcy.

Obama Addresses Possible Bankruptcy Changes during Recent Speech in Atlanta

Trevor Higgins — Mon, 26 Oct 2009 18:58:31 GMT

Barack Obama proposed plans to streamline the bankruptcy process for seniors, military families and victims of natural disasters—more at Total Bankruptcy.

Lawmakers Step Up To Help Armed Service Members Filing Bankruptcy

Trevor Higgins — Mon, 26 Oct 2009 19:03:35 GMT

A bill that has passed the House will exempt service members who are deployed into war zones from the Chapter 7 bankruptcy means test - Total Bankruptcy.

Bankruptcy Protection Incomplete for Gays

Trevor Higgins — Mon, 26 Oct 2009 19:18:40 GMT

Because of clashes between federal and state laws, bankruptcy may fall short for same-sex couples. Read on at Total Bankruptcy.