New York – September 2, 2017: Eurosport Analyst Grand Slam Champion Boris Becker Comments Tennis Match During US Open 2017 at Billie Jean King National Tennis Center New York. (Shutterstock) By Olympics NBC Sports LONDON — Tennis great Boris Becker was sentenced to 2 1/2 years in prison on Friday for illicitly
By FTC Having trouble paying your bills? Getting dunning notices from creditors? Are your accounts being turned over to debt collectors? Are you worried about losing your home or your car? You’re not alone. Many people face a financial crisis at some point in their lives. Whether the crisis is
Renting after bankruptcy isn’t actually as hard as you might imagine it to be. Bankruptcy has become a lot more common in today’s economy. Landlords are well aware that people still need places to live even after going bankrupt. Indeed, in some cases bankruptcy might even improve your credit score,
By Chris Tobias The current economic recession has impacted virtually every family across America. Many businesses have slowed their production, while others have completely shut down and laid off scores of dedicated workers. When a household’s breadwinner is suddenly laid off, it can be very hard to break the news
By Chris Tobias In these tough economic times many individuals and businesses are finding it difficult to meet their financial obligations. If your situation is not imminently dire there are steps you can take to ward off a bankruptcy. Establishing and maintaining good credit is not as hard as one
By Leslie A. Pappas, Bloomberg Law A recent Second Circuit decision is adding fuel to a growing momentum in the courts to allow borrowers to eliminate certain types of private lender-issued student loans in bankruptcy. The U.S. Court of Appeals for the Second Circuit, siding with a student debtor, July
By Teadra Pugh and Jacquelyn Palmer, Bloomberg Law After the Consolidated Appropriations Act of 2021 (CAA 2021) was signed into law last December, bringing several new and temporary amendments to the Bankruptcy Code, some bankruptcy attorneys were optimistic that the provisions specifically designed to address commercial real estate (CRE) leases
By Pamela Foohey, Dalié Jiménez and Christopher K. Odinet, The Hill Relief programs created during the COVID-19 pandemic provided many Americans with pauses on their largest debts, particularly mortgages and student loans. Other people came to agreements with auto loan and credit card lenders about payment. This relief helped many
By Epiq Global Epiq, a global technology-enabled services leader to the legal services industry and corporations, released its May 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. The new filings for May dropped to 34,734 across all chapters. This is a 15% drop from the April 2021
By DS News According to the U.S. Courts website, the fundamental goal of the Federal bankruptcy laws enacted by Congress is to give debtors a financial “fresh start” from burdensome debts and provides for “liquidation” in a Chapter 7 filing—the sale of a debtor’s property and the distribution of the
