Midland Funding v. Johnson: Victory for Debt Collectors and Debt Buying Industry

Category: Bankruptcy Law
Published: Saturday, 27 May 2017
The Court found that a creditor's proof of claim that makes clear that the statute of limitations to collect the debt has run is not false, deceptive, or misleading because that obligation remains a claim for purposes of bankruptcy law. The case ...

President Trump: White House will be lit blue to honor law enforcement on Police Week

Category: Bankruptcy Law
Published: Friday, 26 May 2017
Writing for the majority, Justice Stephen Breyer broke with his liberal colleagues to say efforts to recoup old debt during the bankruptcy process do not violate the law.

Should You Buy Sears Holding Corp (SHLD) Stock? 3 Pros, 3 Cons

Category: Bankruptcy Law
Published: Thursday, 25 May 2017
Bankruptcy law protects creditors to a degree - there is a two-year lookback period for so-called fraudulent conveyance. In English, that means that if a company going bankruptcy sells off assets, creditors can go back and reclaim them.

Human rights challenge to Scots bankruptcy law provision dismissed

Category: Bankruptcy Law
Published: Monday, 22 May 2017
A woman facing an action for payment of more than ?170,000 following a gratuitous alienation who claimed that the statutory defences available to a challenge to such a transfer breached her human rights has had her defence dismissed.