Tag: bankruptcy
The Coming Crisis – Part II
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Pension Plans And The Detroit Municipal Bankruptcy Please read Part I of this series on Pension Plans and Municipal Bankruptcy to gain a better context…
The Coming Crisis – Part I
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Pension Plans And Municipal Bankruptcy Detroit is in Bankruptcy. Detroit is Bankrupt. As of the date of this article, August 19, 2014, Detroit is…
The History Of Debtors Prisons And Why It Is Important To You (2 of 3)
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Debtor Prisons In United States Today In the United States, although there are no Debtors Prisons specifically, a debtor can be imprisoned in numerous circumstances…
The History Of Debtors’ Prisons And Why It Is Important To You (Part 1 of 3)
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Debtors’ prisons have existed for many centuries on this planet, and in fact, many forms of bonded servitude and slavery still exist today. Bonded servitude…
Origins Of Bankruptcy Law in the United States
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The United States Constitution gives Congress the power to establish laws on the subject of Bankruptcy throughout the United States. Congress first exercised this power…
Bankruptcy in England
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Bankruptcy law in England was once quite harsh. Bankruptcy was considered a crime and people who could not pay their debts were thrown into debtors’…
Bankruptcy in the Ancient World
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Bankruptcy is a concept that did not always exist. For instance, in Ancient Greece there were no bankruptcy laws. If a person was unable to…
Chapter 13 Case Permits Cramdown Of Mortgages
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Debtors In Bankruptcy in Tampa Area May Pay Only The Actual Value Of Their Homestead In Bankruptcy Provided Their Mortgage Terminates Before Five Years The…
What Are The Trustee Duties In Bankruptcy? (Part 3)
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Part Three: Duties Of Trustee As Pertains To Personal Injury Lawsuits And Settlements What are the Bankruptcy Trustee’s Duties when there is an active Personal…
Trustee Duties In Bankruptcy (Part 2)
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Part Two: Trustee Duties In Bankruptcy The Duties of the Chapter 7 Bankruptcy Trustee and the Chapter 13 Bankruptcy Trustee are substantially similar but there…
What Are The Trustees Duties In Bankruptcy?
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Part One: Trustees Duties In Chapter 7 Bankruptcy And Chapter 13 Bankruptcy The Duties of the Chapter 13 Trustee and the Chapter 7 Trustees Duties…