Bankruptcy Law News. Crime Stories, Law on News and Legal Publications in December, 2011

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Legal pair reject corporate approach and establish Sinclair Sharpe Law
Manchester Evening NewsDecember 1, 2011

“It's often quite a daunting experience for someone to approach a solicitor in the first place but the corporate approach does not suit everyone. “I wanted to get away from that and create a legal service that was delivered differently. ...more »

Barrasso's 2nd Opinion: Health Care Law to Increase Premiums in Wyoming
Insurance News Net (press release)December 1, 2011

President Obama repeatedly promised Americans that his health care law would lower health care premiums by about $2500 per family across the United States . A new report by Gorman Actuarial, LLC , found that people in Wyoming who buy health coverage in ...more »

Bankruptcy Law News and Stories

Bad Credit History
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10 Things We Didn't Learn From Enron Scandal
ABC NewsDecember 1, 2011

Ten years after the energy and commodities firm Enron collapsed under the weight of a massive fraud, much has changed about how corporate America does business and much, unfortunately, has remained the same, with new frauds and ...more »

Collections
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Brierfield Mills' owners face £5.5k claim over unpaid phone bill
Lancashire TelegraphDecember 1, 2011

THE charity which owns Pendle's historic Brierfield Mills building is being pursued by a debt collection agency over a £5500 unpaid phone bill. The Lancashire Telegraph has seen a letter from debt collection firm SRJ Debt ...more »

Chapter 11, Chapter 13 Bankruptcy
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Politicians Demand Answers About MF Global Bankruptcy
Hedge Fund NetDecember 2, 2011

At a Congressional hearing held Thursday on MF Global's bankruptcy, politicians demanded answers from the US Commodity Future Trading Commission chairman Gary Gensler and Securities and Exchange Commission chairperson Mary Schapiro. ...more »

Disputes With Irs
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A Loss of Independents?
CFO.com MagazineDecember 1, 2011

Not very — especially because the IRS, the Department of Labor, and the states themselves don't have the staff needed to provide such enforcement. Yet even as the economy grows more reliant on temporary labor, regulators are becoming increasingly ...more »

Garnishment
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New Rules for Garnishing Bank Accounts Containing Federal Benefits
DigitalJournal.com (press release)December 11, 2011

Before the rules went into effect, every month more than 100000 impoverished Americans who received federal benefits suffered while their accounts were tragically frozen by creditors looking to garnish their assets, according to the National Consumer ...more »

Chapter 7 Bankruptcy
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Bankruptcies hit a nearly four-year low
San Antonio ExpressDecember 1, 2011

There was a steep decline in both Chapter 13 and Chapter 7 cases last month. Chapter 13 filings, used by individuals to reorganize their debts, fell about 30 percent to 148 last month from 210 in November 2010. There were 269 filings in October 2011. ...more »

Personal Bankruptcy
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Federal judge OKs Menasha steam plant bondholder deal
Appleton Post CrescentDecember 4, 2011

The settlement represents the city's shortest path to helping restore its damaged credit rating, which has plunged to B1 junk bond status and eliminates the potential of a protracted federal securities lawsuit that would have delayed its recovery. ...more »

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