Americans are carrying a record amount of debt right now, including over $1.21 trillion in collective credit card debt. But with credit card interest rates that remain elevated at an average of nearly ...

Rule 9031 of the Federal Rules of Bankruptcy Procedure prevents all bankruptcy judges and, if broadly interpreted, any federal judge hearing bankruptcy cases and proceedings, from appointing special ...

A group of judges and lawyers asked the Judicial Conference’s bankruptcy rules advisory committee to hold off discussing a proposal to create a federal rule that would randomly assign large chapter 11 ...

On December 1, 2022, several important amendments to the Federal Rules of Bankruptcy Procedure (Rules) became permanent and will govern the procedures employed in cases filed under Subchapter V of ...

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A bankruptcy trustee's ability to avoid and recover pre-bankruptcy preferential transfers is essential to preserving or augmenting the estate for the benefit of all stakeholders. In 2019, however, the ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Before you file, there's a critical piece of bankruptcy information you ...