Free US Law Dictionary

Bankruptcy Trustee Sues Law Firm For $1.2 Billion For Client Taking Too Long To Go Into, Then Out Of, Bankruptcy
From Law.com - The 75-page complaint, filed Monday in Manhattan Supreme Court by trustee Richard Gray, alleges McDermott Will put off a much-needed Chapter 11 filing to facilitate self-dealing by two other members of the hospital group's restructuring team...

Eighth Circuit Says Bankruptcy Lawyers Can Advise Clients To Run Up Pre-Bankruptcy Debt
In  Milavetz, Gallop & Milavetz, P.A. v. U.S.,  --- F.3d ----, 2008 WL 4068448 (8th Cir. September 4, 2008) (click here for ...

Is a Bankruptcy Lawyer Required to Investigate the Facts Contained in a Bankruptcy Petition?
Sections 707(b)(4)(C) and 707(b)(4)(D) of the bankruptcy code, as amended by the 2005 Bankruptcy Reform Act, provide as follows: (C) The signature of an attorney on a petition, pleading, or written motion shall constitute a certification that the attorney has– (i) performed a reasonable investigation into the circumstances that gave rise to the petition, pleading, or written [...

I filed bankruptcy several years ago and now I?m over my head in debt again. Can I file bankruptcy again?
I have recently seen a huge increase in inquiries from people who filed for bankruptcy some time back and are now over their head in debt again wanting to know if they can file bankruptcy again...

Swedish Bankruptcy Law - Effects of the Initiation of Bankruptcy Proceedings (continued)
The bankrupt, and the directors in the case of a company, is obliged to cooperate with and provide information to the receiver, the court and the Supervisory Office (?Tillsynsmyndigheten?), which is a part of the Swedish Enforcement Authority (?Kronofogdemyndigheten?) and supervises the administration of the bankruptcy estate by the receiver.

From the Pages of The Pomerantz Monitor: Bankruptcy Judge Drastically Cuts "Bankruptcy Exit Bonuses" for Delphi Execs
The Pomerantz Monitor recently updated its readers on the attempts by troubled Delphi Corp.?s senior executives to award themselves big bonuses...

How do you recover money from a stop payment placed on a personal check given to you?
you can always take them to small claims court and sure them for 3 times the amo...

Protection from damages from Internet advertising fraud for owners of an Incorporated company?
The "corporate veil" that ordinarily protects business owners and managers from ...

Does a Chapter 7 bankruptcy discharge a secured mortgage loan?
Yes if you file they cannot sue you to the knowledge I know. My brother is in re...

Once a storage company takes possession of a stored asset and attempts to sell it to satisfy delinquent storage fees, can they continue to charge for storage?
what we found out is that the guy held onto the car since 99 and now wants all s...

I have a collection account on my credit report which states a later "account opened" date than the original creditor's default date on the very same report. What should I do? Do not want to file for bankruptcy.
You might consider contesting the account problem in question. If you call the c...