Congratulations to Jeffrey Paulsen, partner at the Law Offices of William J. Factor, for his recognition as Rising Star of 2017 of Business Bankruptcy law in SuperLawyers.com annual list of top attorneys! Jeffrey Paulsen finds creative solutions to l…
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According to an article in the Washington Post of March 16 2017, “a new analysis of federal student loans reveals that the number of people severely behind on repaying their debt has soared in the past year, painting a bleak picture of one of t…
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The American Bankruptcy Institute today announced the creation of a Commission on Consumer Bankruptcy. The 15-member expert panel will examine the consumer bankruptcy system and issue a report with recommended improvements that can be implemented wit…
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According to a post disseminated today (Rochelle’s Daily Wire) by the American Bankruptcy Institute, “the Tenth Circuit widened an existing split among the courts of appeals by ruling that passively holding an asset of the estate, in the…
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Of the 8,809 Chapter 13 consumer bankruptcy filings that attorney Tom Vaughn, a Chapter 13 Bankruptcy Trustee in Chicago, oversaw in 2016, 47 percent listed the Chicago Parking Bureau as a creditor, according to Vaughn’s office. Up until this year,…
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The Bankruptcy Court for the Southern District of Georgia recently held in Roach v. Skidmore College (In re Dunston), Bankr. S.D. Ga. (Jan 31, 2017), that a bankruptcy trustee could recover as a fraudulent conveyance college tuition payments the debt…
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If you have seriously delinquent tax debt, IRS can notify the State Department. The State Department generally will not issue or renew a passport after receiving certification from the IRS. The IRS has not yet started certifying tax debt to the State…
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In its recently issued decision in Husky International Electronics, Inc. v. Ritz, a 7-1 majority of the Supreme Court has clarified that intentionally fraudulent transfers designed to hinder or defraud creditors can fall within the definition of “a…
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