A divorced man’s obligation to pay off a marital debt in the form of a line of credit was not discharged in his bankruptcy case, the Missouri Court of Appeals has ruled in reversing judgment.
Published: August 3, 2012
Tags: Bankruptcy Code, CFPB, Consumer Financial Protection Bureau, Department of Education, Dodd-Frank Wall Street Reform and Consumer Protection Act, federal loans, student loan debt, student loans, TILA, Truth in Lending Act
A new federal study recommends changes in consumer protection and bankruptcy law to provide relief for those Americans saddled with a share of the country’s $1 trillion in student loan debt, largely blaming private lenders for the problem.
Published: May 19, 2011
Tags: Administrative Office of the U.S. Courts, Bankruptcy Abuse Prevention and Consumer Protection Act, Bankruptcy Code, BAPCPA, CHAPTER 13, Chapter 7, filing fees, Poverty Guidelines
The 14-year legal battle over Anna Nicole Smith’s late husband’s fortune continues as the U.S. Supreme Court considers whether a bankruptcy court can issue a final order on a compulsory counterclaim that is based in tort law, not the Bankruptcy Code.
A debtor could be barred from re-filing for bankruptcy as a condition of the voluntary dismissal of his Chapter 13 case, the 6th Circuit Bankruptcy Appellate Panel has ruled in affirming judgment.