Account Recovery

APRIL 26, 2024

Bankruptcy filings across the United States have shown a significant increase, rising by 16% during the 12-month period ending March 31, according to data released yesterday by the Administrative Office of the U.S.

Bankruptcy 162

Bankruptcy 162

In the Red

NOVEMBER 23, 2020

Each year amendments are made to the rules that govern how bankruptcy cases are managed — the Federal Rules of Bankruptcy Procedure. The amendments address issues identified by an Advisory Committee made up of federal judges, bankruptcy attorneys, and others. The rule amendments are ultimately adopted by the U.S.

Bankruptcy 189

Bankruptcy Government Debtor Creditors 189

Account Recovery

NOVEMBER 26, 2024

The lawsuit, filed in the Southern District of New York, targets the defendant, a debt collection attorney accused of continuing to collect on judgments against former students of the Technical Career Institute (TCI) despite TCI having filed for Chapter 7 bankruptcy. The background: Technical Career Institutes, Inc. Learn more.

Chapter 7 bankruptcy 130

Chapter 7 bankruptcy Judgment Creditors Garnishment 130

Account Recovery

DECEMBER 11, 2020

the chairman of the House Judiciary Committee, this week introduced a bill in Congress that would overhaul the consumer bankruptcy process in an attempt to “simplify and modernize” the process, according to a press release announcing the proposed legislation. The Consumer Bankruptcy Reform Act of 2020, … The post Sen.

Bankruptcy 147

Bankruptcy 147

Sawin & Shea

JANUARY 12, 2021

For someone who’s pursuing Chapter 7 bankruptcy , this is especially important. Chapter 7 bankruptcies are liquidation bankruptcies, meaning non-exempt assets can be liquidated to pay your creditors back something. One of the most common assets that bankruptcy trustees seize is your tax refund.

Bankruptcy 124

Bankruptcy Chapter 7 bankruptcy Garnishment Repossession 124

Sawin & Shea

JULY 6, 2022

A common question we receive from those considering bankruptcy is how it impacts personal guarantees. If you’re considering filing for bankruptcy, you need to consult with a bankruptcy attorney before signing a personal guarantee. Does a Personal Guarantee Survive Bankruptcy? What Is a Personal Guarantee?

Bankruptcy 130

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Student loans 130

Account Recovery

MAY 31, 2024

A District Court judge in Indiana has dismissed claims against one credit reporting agency and granted another a motion for summary judgment in a Fair Credit Reporting Act case involving credit reporting, disputes, and bankruptcy.

Bankruptcy 147

Bankruptcy Judgment Loans 147

Account Recovery

SEPTEMBER 11, 2020

IQOR FILES FOR BANKRUPTCY PROTECTION Collection operation and contact center business-process outsourcing provider iQor filed for Chapter 11 bankruptcy protection yesterday, seeking approval of a pre-packaged plan that would provide the company with $130 million of funding to reorganize itself and continue operating.

Bankruptcy 173

Bankruptcy Collections 173

In the Red

FEBRUARY 4, 2022

An official notice from the Judicial Conference of the United States was just published announcing that certain dollar amounts in the Bankruptcy Code will be increased a larger than usual 10.973% this time for new cases filed on or after April 1, 2022. Official bankruptcy forms will likely be updated as April 1st draws near. . . .

Bankruptcy 147

Bankruptcy Chapter 13 bankruptcy Debtor Secured debt 147

In the Red

JULY 6, 2022

I recently had the honor of talking with the American Bankruptcy Institute’s Editor-at-Large Bill Rochelle about the intersection of intellectual property and bankruptcy, as part of ABI’s Industry Viewpoints video series. Photo courtesy of the American Bankruptcy Institute. Bill and I discussed issues ranging from the U.S.

Bankruptcy 130

Bankruptcy 130

In the Red

JULY 6, 2022

I recently had the honor of talking with the American Bankruptcy Institute’s Editor-at-Large Bill Rochelle about the intersection of intellectual property and bankruptcy, as part of ABI’s Industry Viewpoints video series. Photo courtesy of the American Bankruptcy Institute I hope you enjoy it.

Bankruptcy 130

Bankruptcy 130

In the Red

JULY 6, 2022

I recently had the honor of talking with the American Bankruptcy Institute’s Editor-at-Large Bill Rochelle about the intersection of intellectual property and bankruptcy, as part of ABI’s Industry Viewpoints video series. Photo courtesy of the American Bankruptcy Institute I hope you enjoy it.

Bankruptcy 130

Bankruptcy 130

Account Recovery

OCTOBER 22, 2024

The background: The plaintiff filed bankruptcy protection in January 2020, listing the debt in question. The debt was discharged in April 2020 when the creditor did not object to the bankruptcy or appear at any hearings.

Fair Debt Collection 130

Fair Debt Collection Collections Bankruptcy Judgment 130

Sawin & Shea

JANUARY 19, 2022

Filing your taxes and filing for bankruptcy are two things that can be confusing and challenging on their own. Filing your taxes after filing for bankruptcy is not as complicated as it may seem, and if you are still confused after doing some research, you can always reach out to a bankruptcy lawyer. Tax Debt and Bankruptcy.

Bankruptcy 119

Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Debtor 119

Sawin & Shea

JULY 29, 2020

One of the things that people hear about bankruptcy is that it usually doesn’t discharge some debts owed to the government, like taxes. Even if you have a large burden of tax debt that is making it extremely difficult to reconcile your finances, bankruptcy can’t always help. How Can I Wipe Out My Tax Debt? What If I Have a Tax Lien?

Bankruptcy 124

Bankruptcy Chapter 7 bankruptcy Government Collections 124

Account Recovery

NOVEMBER 19, 2024

A District Court judge in California has granted a defendant’s motion to dismiss after it was accused of violating the Fair Debt Collection Practices Act and the Rosenthal Fair Debt Collection Practices Act by attempting to collect on a debt that had been discharged in bankruptcy.

Chapter 7 bankruptcy 130

Chapter 7 bankruptcy Fair Debt Collection Bankruptcy Collections 130

In the Red

FEBRUARY 5, 2025

An official notice from the Judicial Conference of the United States was just published announcing that certain dollar amounts in the Bankruptcy Code will be adjusted upward by 13.2004%, perhaps the largest increase to date. Official bankruptcy forms will likely be updated as the April 1, 2025 effective date draws near.

Bankruptcy 130

Bankruptcy Chapter 13 bankruptcy Debtor Secured debt 130

In the Red

FEBRUARY 5, 2025

An official notice from the Judicial Conference of the United States was just published announcing that certain dollar amounts in the Bankruptcy Code will be adjusted upward by 13.2004%, perhaps the largest increase to date. Official bankruptcy forms will likely be updated as the April 1, 2025 effective date draws near.

Bankruptcy 130

Bankruptcy Chapter 13 bankruptcy Debtor Secured debt 130

Sawin & Shea

AUGUST 31, 2020

If you have been hit hard by the economic upheaval of the coronavirus, filing for bankruptcy may be your best option. At a time when thousands are already struggling with historic stressors due to the uncertainty caused by the pandemic, it may be that bankruptcy could relieve the pressures you find yourself facing.

Bankruptcy 129

Bankruptcy Creditors Banks 129

Account Recovery

DECEMBER 6, 2024

billion distribution reflects the CFPBs commitment to ensuring consumers are made whole, even in cases where the violating companies shut down or file for bankruptcy. .” This historic $1.8 Consumers eligible for relief in this distribution will receive payments in the coming weeks.

Bankruptcy 130

Bankruptcy Judgment Collections 130

In the Red

MAY 25, 2022

Last month I had the honor of speaking on a panel at the American Bankruptcy Institute’s 2022 Annual Spring Meeting in Washington, D.C. The topic of our panel was the Monetization of Intellectual Property in Bankruptcy and Restructuring. Video Available.

Bankruptcy 130

Bankruptcy 130

In the Red

MAY 25, 2022

Last month I had the honor of speaking on a panel at the American Bankruptcy Institute’s 2022 Annual Spring Meeting in Washington, D.C. The topic of our panel was the Monetization of Intellectual Property in Bankruptcy and Restructuring. Video Available.

Bankruptcy 130

Bankruptcy 130

In the Red

MAY 25, 2022

Last month I had the honor of speaking on a panel at the American Bankruptcy Institute’s 2022 Annual Spring Meeting in Washington, D.C. The topic of our panel was the Monetization of Intellectual Property in Bankruptcy and Restructuring. Video Available.

Bankruptcy 130

Bankruptcy 130

Consumer Finance

MAY 30, 2024

The CFPB sued student loan servicer Pennsylvania Higher Education Assistance Agency for illegally collecting on student loans that have been discharged in bankruptcy and sending false information about consumers to credit reporting companies.

Student loans 145

Student loans Student Loans Loans Bankruptcy 145

Sawin & Shea

JUNE 2, 2021

Determining household size is an important measurement when facing bankruptcy. In fact, correctly determining household size can determine your eligibility for Chapter 7 bankruptcy. Most sections of the bankruptcy means test , which determines eligibility for Chapter 7 bankruptcy, focus on income and expenses.

Bankruptcy 116

Bankruptcy Chapter 7 bankruptcy Debtor Creditors 116

Account Recovery

JANUARY 13, 2022

The Bankruptcy Appellate Panel, Ninth Circuit, has overturned a bankruptcy’s court ruling that awarded a debtor attorney’s fees after a debt collector filed proofs of claim that were time-barred. A copy of the ruling in the case of LVNV Funding v. Andrade-Garcia can be accessed by clicking here.

Chapter 7 bankruptcy 246

Chapter 7 bankruptcy Bankruptcy Debt collector Debtor 246

Roths Child Law

JULY 26, 2024

The process of filing for bankruptcy is shrouded in myths that can deter individuals from seeking the help they need. Bankruptcy law is nuanced, and the process can be intimidating. Many people believe that filing for bankruptcy means giving up everything they own or that it will permanently ruin their credit.

Bankruptcy 98

Bankruptcy Student loans Student Loans Loans 98

In the Red

NOVEMBER 2, 2021

Each year amendments are made to the Federal Rules of Bankruptcy Procedure, which govern how bankruptcy cases are managed. The amendments address issues identified by an Advisory Committee made up of federal judges, bankruptcy attorneys, and others. The rule amendments are ultimately adopted by the U.S. December Is Almost Here.

Bankruptcy 130

Bankruptcy Credit Unions Credit Unions Government 130

In the Red

NOVEMBER 2, 2021

Each year amendments are made to the Federal Rules of Bankruptcy Procedure, which govern how bankruptcy cases are managed. The amendments address issues identified by an Advisory Committee made up of federal judges, bankruptcy attorneys, and others. The rule amendments are ultimately adopted by the U.S. December Is Almost Here.

Bankruptcy 130

Bankruptcy Credit Unions Credit Unions Government 130

Account Recovery

JANUARY 10, 2023

The Court of Appeals for the Seventh Circuit has overturned a bankruptcy court’s decision and remanded a case with instructions to resolve claims from the bankruptcy trustee on the merits after a collection agency garnished an individual’s wages and seized $3,700 within the 90 days before the individual filed for bankruptcy protection.

Garnishment 246

Garnishment Bankruptcy Collection Agencies Collections Agency 246

In the Red

FEBRUARY 4, 2022

An official notice from the Judicial Conference of the United States was just published announcing that certain dollar amounts in the Bankruptcy Code will be increased a larger than usual 10.973% this time for new cases filed on or after April 1, 2022. Official bankruptcy forms will likely be updated as April 1st draws near.

Bankruptcy 130

Bankruptcy Chapter 13 bankruptcy Debtor Secured debt 130

In the Red

FEBRUARY 4, 2022

An official notice from the Judicial Conference of the United States was just published announcing that certain dollar amounts in the Bankruptcy Code will be increased a larger than usual 10.973% this time for new cases filed on or after April 1, 2022. Official bankruptcy forms will likely be updated as April 1st draws near.

Bankruptcy 130

Bankruptcy Chapter 13 bankruptcy Debtor Secured debt 130

Account Recovery

MARCH 17, 2023

The post Companies Illegally Collecting on Student Loans Discharged in Bankruptcy: CFPB appeared first on AccountsRecovery.net.

Student loans 130

Student loans Student Loans Bankruptcy Loans 130

Sawin & Shea

NOVEMBER 15, 2022

Bankruptcy is sometimes the best solution for those struggling with overwhelming debt. They fear that other people will find out about their bankruptcy and view them as financially irresponsible. There’s nothing wrong with filing for bankruptcy, but worrying about what other people will think is understandable. Trustee Program.

Chapter 13 bankruptcy 105

Chapter 13 bankruptcy Bankruptcy Garnishment Chapter 7 bankruptcy 105

In the Red

APRIL 1, 2022

As discussed in an earlier post called Moving Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2022 , various dollar amounts in the Bankruptcy Code and related statutory provisions were increased for cases filed on or after today, April 1, 2022.

Bankruptcy 130

Bankruptcy 130

In the Red

APRIL 1, 2022

As discussed in an earlier post called Moving Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2022 , various dollar amounts in the Bankruptcy Code and related statutory provisions were increased for cases filed on or after today, April 1, 2022.

Bankruptcy 130

Bankruptcy 130

In the Red

APRIL 1, 2022

As discussed in an earlier post called “ Moving Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2022 ,” various dollar amounts in the Bankruptcy Code and related statutory provisions were increased for cases filed on or after today, April 1, 2022.

Bankruptcy 130

Bankruptcy 130