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.Read More »
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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.
Tagged with: 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 ActRead More »
The office overseeing the federal judiciary has posted new poverty guidelines for the waiver of filing fees in certain bankruptcy cases.Read More »
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.Read More »