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Mack Industries - Agenda for January 15 Omnibus Hearing

We just posted a copy of the agenda for the upcoming Omnibus Hearing on the Mack Industries avoidance actions filed by our office. The next hearing will take place on January 15, 2020, at 10:45 a.m. Click here for to go to our Mack Industries page. Read More
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Mack Industries - Agenda for December 18 Omnibus Hearing

We just posted a copy of the agenda for the upcoming Omnibus Hearing on the Mack Industries avoidance actions filed by our office. The next hearing will take place on December 18, 2019, at 10:45 a.m. Click here for to go to our Mack Industries page. Read More
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Mack Industries - Agenda for November 20 Omnibus Hearing

We just posted a copy of the agenda for the upcoming Omnibus Hearing on the Mack Industries avoidance actions filed by our office. The next hearing will take place on November 20, 2019. Click here for to go to our Mack Industries page. Read More
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Mack Industries - Agenda for October 16 Omnibus Hearing

We just posted a copy of the agenda for the upcoming Omnibus Hearing on the Mack Industries avoidance actions filed by our office. The next hearing will take place on October 16, 2019. Click here for to go to our Mack Industries page. Read More
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ABI Advises that Separate Classification of A Co-Signed Student Loan Barred Under 1322(b)(1)

According to the ABI’s Rochelle Daily Wire, a parent who cosigned a student loan for a child cannot separately classify the loan and pay it in full under a chapter 13 plan. Before filing, the debtor-mother cosigned a 15,000 student loan to fina… Read More
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Governor of New York Limits Power of Merchant Cash Advance Lenders to Use Confessions of Judgment

As a follow-up to our series of articles on the use of Merchant Cash Advances (see here, here, and here), we learned today that New York Governor Andrew Cuomo signed a bill last week aimed at preventing predatory lenders from using the state’s… Read More
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Small Business Reorganization Act Enacted

As discussed in a previous post, on Friday, the Small Business Reorganization Act was signed into law and will take effect in 180 days. The new law, which FactorLaw will further summarize in future blog posts, adds a new subchapter to the Bankruptcy… Read More
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Meeting agenda text on note pad

Agenda for Next Mack Omnibus Hearing on August 21, 2019

We just posted a copy of the agenda for the upcoming Omnibus Hearing on the Mack Industries avoidance actions filed by our office. The next hearing will take place on August 21, 2019. Click here for to go to our Mack Industries page. Read More
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Categories: Uncategorized

Seventh Circuit holds that a debtor's "contingent future interest" in tenancy by entireties property is not exempt.

In re Jaffe, 18-2726 (7th Cir. August 5, 2019), the Seventh Circuit held that a homeowner’s “contingent future interest” in an otherwise exempt form of home ownership – tenancy by the entireties – was not exempt and was instead prop… Read More
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Consumer Debt Rising

“Incomes have been largely stagnant for two decades, despite a recent uptick. Filling the gap between earning and spending is an explosion of finance into nearly every corner of the consumer economy. Consumer debt, not counting mortgages, has c… Read More
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