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- Consumer Bankruptcy: A Fresh Start
- American consumer bankruptcy provides for a Fresh Start through the discharge of a household's debt. Until recently, many European countries specified a No Fresh Start policy of life-long liability for debt. The trade-off between these two policies is that while Fresh Start provides insurance across states, it drives up interest...
- White papers 2003-01-01
Additional Resources
- Janet Northrup of Hughes Watters Askanase to Speak on Subprime Mortgage Issues and Consumer Bankruptcy at April Events
- HOUSTON -- Janet S. Northrup, of counsel to Hughes Watters Askanase L.L.P. HWA, will serve as a panelist for the American Bar Association ABA Business Law Section spring meeting in Dallas on April 11 and for an American Bankruptcy Institute Web-based seminar in Houston on April 30. Northrup, who...
- Research articles 2008-04-11
- American Board of Certification Announcements
- Exam DatesAttorneys seeking certification in business bankruptcy, consumer bankruptcy, and creditors' rights will have several opportunities this year to take the ABC exam. Register today for the next exam, held in conjunction with the ABI Annual Spring Meeting, Thursday, April 20, in Washington, DC. The registration deadline is April 4....
- Research articles 2006-03-01
- What a GM Bankruptcy Would Mean to You
- As goes GM, so goes the nation? While it would be a landmark event and a blow to national pride, the failure of the country's largest carmaker would not be the cataclysm you might expect. How the Economy...
- Articles 2009-05-05
- Next chapter in bankruptcy saga awaits new Congress.
- The American Bankers Association will lobby for bankruptcy reform before the next Congress. Bankruptcy has lost its stigma for businesses and individuals, and there has been a three-fold increase in the number of consumer bankruptcies since the middle of The American Bankers Association will lobby for bankruptcy reform before the...
- Research articles 1992-12-01
- ABC grants 23 new Certifications
- Thirteen attorneys were certified as new Business Bankruptcy Specialists and ten as Consumer Bankruptcy Specialists by the American Board of Certification.Thirteen attorneys were certified as new Business Bankruptcy Specialists and ten as Consumer Bankruptcy Specialists by the American Board of Certification.
- Research articles 2005-01-01
- Bankruptcy survival guide. (ABA publishes 'Bankruptcy: A Survival Guide for Lenders')(American Bankers Association Newsletter)
- "Bankruptcy: A Survival Guide for Lenders" has been published by ABA in conjunction with the American Bankruptcy Institute. The timely publication was developed to help lenders and credit counselors understand business and ..."Bankruptcy: A Survival Guide for Lenders" has been published by ABA in conjunction with...
- Research articles 1997-10-01
- The American Bar Association.(News in Brief)
- The American Bar Association (Chicago, IL) has released "The ABA Guide to Credit and Bankruptcy," a title designed to help consumers make the right choices for debt management and bankruptcy. ... The American Bar Association (Chicago, IL) has released "The ABA Guide to Credit and Bankruptcy,"...
- Research articles 2006-02-01
- Bankruptcy is hard for chief to digest
- This week's Chapter 11 filing by Reader's Digest Association could hardly have come at a worse time for Ripplewood Holdings' founder and chief executive Timothy Collins.The collapse of the venerable magazine publisher , taken private for $2.8bn at the peak of the debt bubble in March 2007 by a...
- External links 2009-08-18
- U.S. Auto Sales Edge Up
- By Soyoung Kim and Bernie WoodallDETROIT (Reuters UK) - U.S. auto sales edged higher in November, led by an outsized gain for Hyundai Motor Co and mixed results for rivals in a trend automakers said pointed to a grudging recovery in the U.S. economy.Hyundai posted a 46 percent gain...
- News items 2009-12-01
- U.S. Auto Sales Edge Up, Led By Hyundai Boom
- By Soyoung Kim and Bernie Woodall DETROIT (Reuters) - U.S. auto sales edged higher in November, led by an outsized gain for Hyundai Motor Co and mixed results for rivals in a trend automakers said pointed to a grudging recovery in the U.S. economy. Hyundai posted a 46 percent gain...
- News items 2009-12-01
- ABI says more bankruptcies looming. (American Bankruptcy Institute)
- WASHINGTON FNS -- Retailers have not seen the last of their bankruptcies, and continuing problems will trigger similar financial crises for the industry's suppliers and manufacturers, a panel of bankruptcy experts warned last Wednesday. To make matters worse, these problems are intensifying...
- Research articles 1991-09-09
- New Bankruptcy Law Recognizes Board Certification
- ABC REPORTAccording to the American Board of Certification, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (Pub. Law 109-8) adds an important new tool that will help Bankruptcy Courts ensure that attorneys paid by bankruptcy estates have the skill and expertise required for modern bankruptcy practice. The law...
- Research articles 2005-05-01
- Stimulus Package Report Card: Has It Worked?
- So far, at least some of the $787 billion stimulus package is showing signs of success. But what about the longer term? And will it have been worth the cost? The answer is that at least some of the spending has goosed the economy. But it’s a tricky...
- Articles 2009-09-15
- Credit Counseling Clients Hurt by New Bankruptcy Requirements
- The Bankruptcy Abuse and Consumer Protection Act was passed in early 2005 with the overwhelming support of the President, both houses of Congress and the major credit card companies. The law, which created sweeping changes in American bankruptcy law, was passed in order to reduce the possibility that consumers with...
- White papers 2006-05-30
- The Failure Of Good Intentions: The Worldcom Fraud And The Collapse Of American Telecommunications After Deregulation
- This paper analyzes WorldCom's fraud, bankruptcy, and the decision of its Triennial Review of mandatory unbundling. To date, policymakers and scholars have failed to recognize how those topics are interrelated. The United States has spent seven years trying to deregulate telecommunications. It also discusses administrative cost of deregulation, which has...
- White papers 2003-01-01
- Las Vegas Sands: Starting a Position
- Trader Mark submits: As I swig on Kool Aid, I've beginning a position in Las Vegas Sands LVS. I was once worried about bankruptcy here but if MGM Grand MGM is considered safe from bankruptcy, LVS is in substantially better shape. We live in a too big to fail...
- External links 2009-09-24
- Key Market Factors: Global Melt-Up, Consolidation or Correction?
- John Furlan submits:Thanks very much to followers and for comments. Factors and ratings below are my opinion of the equity markets’ current views, the “market’s mind,” how it responds to changing expectations of key fundamentals, not my personal views of them. Markets are very dynamic, and risk preferences, time...
- External links 2009-08-09
- Recession is Only the Beginning | BTalk Australia
- (18min 54) Professor Steve Keen says the Aussie economy has a long way to fall yet. The current situation is the work of neoclassical economists who didn’t understand the importance of controlling debt, which is now over $2 trillion. He points to the RBA, whose decision not to lower interest...
- Blog posts 2009-03-09
- Why the Economic Recovery Stinks on Main Street
- The results of today's University of Michigan Consumer Sentiment Survey (consumer sentiment fell unexpectedly to 63.2 instead of rising to 69) only reflect what I've been hearing on my radio show and in emails from my readers: Wall Street may be generating huge profits and paying out even bigger bonuses,...
- Blog posts 2009-08-14
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