Legislation

Judgement Liens Homestead Exemptions and Involuntary Bankruptcies Who Gets What After BAPCPA

We've all heard the rationale for bankruptcy reform at cocktail parties and around the dinner table: Any deadbeat who runs up his bills can, before he pays up, run away and buy a house in Florida. The creditors can't touch his homestead. When the spendthrift files a

Filing Fee and Pension Premium Increases Pending as Second Session Begins

Congress had a flurry of legislative activity before leaving for the Christmas recess on Dec. 22, completing action on some legislation changing the legal landscape on bankruptcy. However, several bills affecting the bankruptcy process, including an increase in

Consumer Debt Collection FDCPA Traps for the Unwary Nationwide Lender Loan Servicer and Debt Collector Part I

Consumer protection laws regulating debt collection practices are a complex minefield of potential liability for creditors and other debt collectors. Large damage awards, provisions for recovery of attorneys' fees and increased awareness and interest in consumer

USTP Addresses New Issues in Approving Credit Counseling and Debtor-education Providers

Few provisions in the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) have generated as much interest and inquiry as the new requirements that debtors obtain pre-filing budget and credit counseling and complete a post-filing instructional course