Bankruptcy in 4 Months or Debt Settlement in 3 Years: Which Path Costs Less

On a recent episode of NerdWallet’s Smart Money Podcast, Budget Rehab: How to Stop Paying Only Interest and Make Real ...
AOL

Can I defer Chapter 13 bankruptcy payments?

If you find yourself in a situation where you’re unable to keep up with Chapter 13 bankruptcy payments, it may be possible to have the payments deferred or even have the repayment plan modified.
JD Supra

Risky Business: Distressed Companies and Payments in the Shadow of Bankruptcy

Doing business with a customer in the shadow of bankruptcy is risky. A hallmark of bankruptcy law is equal treatment of similarly-situated creditors. The Bankruptcy Code frowns upon a debtor who, ...
SCOTUSblog

Justices debate IRS’s claim on pre-bankruptcy tax payments

Type to search articles, cases, and authors. Press ↵ to view all results. Typically, in bankruptcy proceedings a creditor must return payments made shortly before the debtor filed for bankruptcy. At ...
U.S. News & World Report

First Brands Seeks Access to Customer Payments Held up in Bankruptcy

Dec 12 (Reuters) - Auto parts ‌maker First Brands said ‌on Friday it had filed a request for expedited approval to access about $250 ‍million as part of its bankruptcy restructuring. First Brands said ...
FOX 2 Detroit

Detroit ends bankruptcy case, concluding 13 years of court oversight

The city of Detroit has made its final payment for bankruptcy, ending more than a decade of court supervision of its finances ...
mlive

Detroit bankruptcy case closes, ending 13 years of oversight

City officials said the closure comes after Detroit began making final payments to unsecured creditors, eliminating the need ...
JD Supra

Suppliers Beware: Delaware Bankruptcy Court Rejects Ordinary Course Defense for Preference Payment Within Standard Credit Terms

US bankruptcy law is designed to promote and reconcile two core policy objectives: providing relief to financially distressed debtors and ensuring the equitable treatment of creditors vis-à-vis the ...
SCOTUSblog

Justices validate IRS’s right to retain fraudulent pre-bankruptcy tax payments

Type to search articles, cases, and authors. Press ↵ to view all results. United States v. Miller presents the kind of simple facts that populate law-school hypotheticals. A business is in financial ...