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Recent Consumer Bankruptcy News:
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Still, bankruptcy isn't necessarily a must ... To some degree, your frequent flier mileage is protected by the airline. Unlike other types of rewards, your miles are governed by the airline (United), not by the bank that issued your card.
In response to these concerns, Congress added certain provisions to the Bankruptcy Code to address repo transactions. Since the 1980s, these provisions were amended and refined, and provisions dealing with other types of financial contracts, such as swap ...
Distressed homeowners facing bankruptcy and foreclosure deserve to be treated fairly. Banks should not attempt to profit from these hard times with improper mortgage fees and other types of fraud. Apparently, however, this is exactly what may have been happening.
In their papers, the funds also said the ruling could make bankruptcy courts a favored venue for bringing types of securities litigation that has been criticized as frivolous and which Congress has been trying to discourage. Washington Mutual has lingered ...
The Business Journal analyzed data through Sept. 29, with one day to go in the third quarter. Statewide and for all types of bankruptcy, there were 15 percent fewer filings during the third quarter of 2011 than during the third quarter of 2010.
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