There are two questions that estate planners commonly ask when they have a client in financial distress: (1) If the Debtor has a history of tithing or making other charitable contributions, can the ...

A recent article explores the efficacy of offshore trusts in protecting the assets of debtors, Go Directly To Jail, Do Not Collect $200! Do Asset Protection Trusts Carry A Mandatory "Go To Jail" Card?

Bankruptcy Code Section 329(a) mandates the disclosure of an attorney’s transactions with a debtor. Federal Rule of Bankruptcy Procedure 2016(b) implements the attorney disclosure requirements ...

In a recent decision in In re Taing, the U.S. Bankruptcy Court for the District of Massachusetts held that a mortgagee holds a claim that could be modified by a Chapter 11 plan even if the debtor was ...

In this modern world that we live in, consumers are protected and have certain rights when it comes to debt collection. The practices of debt collection agencies have to abide by rules through the ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and ...

Without memory, there is no debt. Put another way: Without story, there is no debt. The story of debt reached a historic moment this week. An outsized bubble of interlocking debt burst, leading to the ...

Robin Ebersohl closes her eyes as she recalls the experience of being arrested in Macoupin County and jailed for four days over an outstanding debt owed for medical bills she could not pay. (AP Photo ...

Supreme Court holds that an appeal filed by a suspended director in the name of the corporate debtor after admission of CIRP is not maintainable. It rules that such a fundamentally incompetent appeal ...