Bankruptcy

As businesses across the country are reopening and unemployment rates begin to creep back up, there is no doubt that there are still plenty of people struggling. The coronavirus pandemic has taken a massive financial toll on Americans, but some cities have been hit harder than others.  A recent report from WalletHub breaks down which … The post 10 Cities …

For many borrowers, bankruptcy is not the end of the road. Here’s how quickly someone who files from bankruptcy might be able to obtain a home loan. The post Bouncing Back from Bankruptcy appeared first on DSNews.

The U.S. Court of Appeals for the Second Circuit affirmed a lower court decision that a chapter 7 trustee’s avoidance of an unauthorized postpetition mortgage lien did not amount to a “double recovery” precluding the trustee from avoiding and recovering a transfer of the loan proceeds. The post Court: ‘Single-Satisfaction Rule’ After Mortgage Lien Avoidance appeared first on DSNews.

The decision was handed down by the Sixth Circuit in the case of Ritzen Group., Inc. v. Jackson Masonry, LLC regarding the “finality” from relief of stay. The post Supreme Court Offers Ruling on Bankruptcy Appeals Case appeared first on DSNews.

Here’s how the Supreme Court’s In re Taggart decision created a standard based on “objective reasonableness” in cases of bankruptcy. The post The Applicability of Contempt Sanctions in Bankruptcy appeared first on DSNews.