Homestead Owned by a Trust Can Be an Exempt Homestead in Illinois
Trust must be carefully drafted in Illinois to retain the entireties exemption.
Trust Property Sometimes Can Be Property of an Individual's Bankrupt Estate
Foreclosing property not in the debtor's name sometimes can violate the automatic stay.
Securities Fraud Judgment Is Automatically Nondischargeable, Circuit Says
Tenth Circuit slams securities fraudsters already nailed with default judgments.
How the Bankruptcy Code Determines the Winner of a Bar Fight
Getting punched out in a bar fight might not result in a nondischargeable debt.
New York’s ‘Loss Mitigation’ Program Survives One Lender Attack
SDNY’s ‘loss mitigation’ program for mortgage modification may face another attack.
Guardian’s Fees Not Discharged in Father’s Bankruptcy
Indiana judge parts company with other courts in helping out a guardian ad litem.
Purchaser of Life Insurance Policy Can Be Sued for Fraudulent Transfer
Ninth Circuit gets it right on life insurance policies being property of the estate.
Circuit Holds that Possession Alone Is No Grounds for Alleging a Stay Violation
Debatable Ninth Circuit opinion begs for rehearing en banc or for certiorari petition.
Trustee Not Required to Investigate Claimed Exemption for Timely Fraud Objection
BAP makes life easier on trustee in objecting to exemptions.
11th Circuit Upholds $30,000 in Punitive Damages for Stay Violation
Employing nonattorneys is a false economy for debt collectors.