USA Today is reporting that slowly but surely, jobs the U.S. lost to overseas locations such as China are making their way back home. That's obviously good news for the unemployed and for the U.S. economy in general, but what...

We've all heard clients complain about the pre-filing credit counseling requirement and ask why they have to jump through this hoop when they know they're going to end up filing for bankruptcy anyway. In many cases, we may be inclined...

In theory, when the U.S. Supreme Court rules on an issue, conflict and confusion among lower courts is laid to rest. Back in March, when the Supreme Court ruled in United Student Aid Funds, Inc. v. Espinosa, the case caused...

A new opportunity to assist consumer bankruptcy clients facing foreclosure opened up yesterday, when Treasury Department Supplemental Directive 10-02 took effect. Among other things, the directive requires servicers to consider borrowers in bankruptcy for modification upon request of the borrower,...

While the popular press has made much of the way sliced, diced and flipped mortgages and other securitized debts have resulted in messy (or non-existent) paper trails that may provide opportunities for debtors, many courts and even debtor's attorneys aren't...

Ronald J. Mann and Katherine Porter's recent study reveals some interesting patterns in consumer bankruptcy. For instance, only a small fraction of those families in the greatest financial distress seek bankruptcy protection. In fact, few of those facing foreclosure attempt...

April 15 isn't the only important deadline coming up! Don't forget that ballots for the NACBA Board of Directors must be received by April 20, 2010. If you haven't seen the candidate statements, they are available in the Members Only...

For nearly five years, courts across the country have been asked to determine whether or not BAPCPA's Debt Relief Agency designation applies to bankruptcy lawyers and whether the disclosure requirements and limitations on advice set forth in BAPCPA were Constitutional...

Statistics have long told us that a significant percentage of personal bankruptcy filings in the United States stemmed from medical problems. A 2001 study indicated that medical problems were a contributing factor in at least 46.2% of personal bankruptcies. By...