Legislators heard two starkly different assessments of the nation’s bankruptcy laws on April 30, 2007, with critics saying consumers have been hit with higher costs and supporters pointing to a decline in filings since a major bankruptcy overhaul was enacted in 2005.
At a U.S. House Subcommittee on Commercial and Administrative Law hearing, Steve Bartlett, president [...]

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The bankruptcy court in Topeka, Kansas, is located in the Frank Carlson Federal Building and U.S. Courthouse at 444 SE Quincy, Topeka KS 66683. Two bankruptcy courtrooms are located on the second floor in Rooms 210 and 220. The office of the clerk of the court is located in Room 240.
Nonattorneys are not [...]

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We are already reading horrible foreclosure statistics.  It will get worse, predicts Christopher Cagan, director of research and analytics for First American CoreLogic as reported at Bankrate.com.  Adjustable rate mortgages issued between 2004 and 2006 will have their interest rates reset, with many mortgage payments doubling, causing a one-in-three chance of losing the home.
If you have a [...]

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Michigan has been ahead of the curve, leading the country in declining real estate values, without having experienced the boom of Vegas, South Florida, and some other areas. Last year was the first year over year national decline in home prices since the Depression, 1937. Many of you may have heard about the [...]

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UPDATED.  The U.S. House of Representatives Committee on the Judiciary’s Subcommittee on Commercial and Administrative Law scheduled a hearing on the second anniversary of the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 for 10:30AM Tuesday May 1st, 2007. The hearing topic is: Are Consumers Really Being Protected Under The Act?
If [...]

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