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Books of Bankruptcy Interest

Books of Bankruptcy Interest

In a Wall Street Journal article on Saturday, August 1, 2026, a series of book reviews by David Skeel was published, chronicling some of the biggest bankruptcy battles in the past 200 years ranging from business to government to consumer bankruptcies. Bankruptcy is...
Bankruptcy Filings Fall During COVID

Bankruptcy Filings Fall During COVID

  The US Bankruptcy court just published an article about statistics stemmed From 2005 to 2021 which explains the decrease in bankruptcy filings in the U.S. during the COVID pandemic.     The most drastic change in non-business bankruptcies occurred in 2005 when...
New IRA Rule Affects Current and Future Heirs

New IRA Rule Affects Current and Future Heirs

The Wall Street Journal reported on 08/02/22, in a front-page article, how the IRS’s (“Internal Revenue Services”) new rule for inheriting individual retirement accounts (“IRA’s”) will affect current and future heirs. The rule is in effect but has yet to be finalized,...

Bankruptcy Goes International

Added as part of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act, the purpose of Chapter 15 is to provide a mechanism for dealing with insolvency proceedings in which more than one country is involved. Generally, a chapter 15 proceeding is filed...
Complaints Against Debt Collectors Rise

Complaints Against Debt Collectors Rise

Federal Trade Commission complaints have risen by 17% from this time last year, the Wall Street Journal Reported today.  Late-night phone calls, physical threats, and repeated calls after the collectors  have been asked to stop calling are the major complaints that...