you can usually keep your home if you declare bankruptcy, even if you owe money on it, so long as you continue making the payments and don’t have more equity than you are permitted under state and federal bankruptcy laws.
The bankruptcy of Lehman Brothers was the tipping point for the 2008 financial crisis, but it wasn't the only one. Overall, the factors involved in the 2008 crisis included extremely loose lending and trading policies for institutions. This lack of rigor led to large losses from defaults that...
United States Bankruptcy Court for the Southern District of New York Holds That Avoidance Powers Can Be Applied Extraterritorially, Resulting in a Split Within the Southern District of New YorkFredric SosnickDouglas P. BartnerJoel MossSolomon J. Noh...
Finally, we need an appreciation of our history. The United States pioneered the separation of church and state and, as I mentioned at the beginning of this column, we did it mainly to free people from church taxes. The experiment was perhaps too successf...
He says that since his resignation from MF Global, he hasn't had access to certain information he might need to "reconstruct the events that occurred during the chaotic days and the last hours leading up to the bankruptcy filing." "Without adequate time and materials to prepare, I may be ...
This compassionate, compelling, brilliantly crafted documentary represents a unique opportunity for cities across the United States and around the world to stand arm-in-arm with the citizens of Ferguson to acknowledge their own racial challenges, declare their shared humanity, and publicly and empathic...
CONFIRMED BY ILL. SUPREME COURT-- YOU ARE VIEWING THE MOST DANGEROUS BLOG IN ILLINOIS. This blog warranted a 3 year suspension by the ARDC/Jerome Larkin! Mottos: "Sunlight is the best disinfectant". Justice Louis Brandeis ; "If the truth can destroy
Why might a person declare personal bankruptcy? Are punitive damages tax deductible? Is treason a felony? Is Department of Justice involved in medical fraud? Does the FBI indict people? Is false arrest considered personal injury? Who are the parties in a criminal law case?
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innumerable participants in forex trading, from small retail investors to large banks. Losses in retailtrading accountswiped out the capital of at least three brokerages,rendering them insolvent, and took FXCM, then the largest retail forex brokerage in the United States, to the verge ofbankruptcy...