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

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Mortgages paid down by record £9bn in quarter
The IndependentDecember 1, 2011

It was the highest negative figure since comparable records began in 1970 and means the total amount owed on mortgages has fallen by £92.9bn since the height of the credit crunch. Homeowners spent the equivalent of 3.5 per cent of their take-home pay ...more »

Jesse Eisenberg Sues Lionsgate Over Its 'Camp Hell' Advertising
ReutersDecember 1, 2011

Last week, the Oscar nominee hit Lionsgate and Grindstone Entertainment with a $3 million lawsuit, charging the companies with falsely advertising his cameo in "Camp Hell" as a lead role in the low-budget horror film. The "Zombieland" star claims that ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Study finds agreeable people are more likely to take financial risks, have ...
Daily NebraskanDecember 2, 2011

The researchers did the study because they wanted to know whether a low credit score was an indicator of bad behavior on the job, like theft, Bernerth said. "A lot of companies use credit scores in the hiring process," he said. ...more »

Collections
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What does Carrier IQ do on my phone--and should I care? (FAQ)
CNETDecember 2, 2011

HTC is investigating the option to allow consumers to opt-out of data collection by the Carrier IQ application. Google confirmed that it has never shipped Carrier IQ on any of its Nexus devices. "We do not have an affiliation with CarrierIQ," a ...more »

Chapter 11, Chapter 13 Bankruptcy
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Michael Holley Files for Chapter 7 Bankruptcy
The LedgerDecember 1, 2011

Nearly all of the debt was incurred by his Kia and Chevrolet dealerships, but an estimated $960000 represents personal debt, according to documents filed with the US Bankruptcy Court in Tampa. Holley is filing under Chapter 7, which means he wants the ...more »

Disputes With Irs
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Internal Revenue Service Says $153 Million In Tax Refunds Undelivered
ThirdAgeDecember 1, 2011

The Internal Revenue Service is holding onto $153 million in tax refunds that are undeliverable due to mailing address errors, the agency said. The refunds of 99123 taxpayers are still in the hands of the agency, with the average refund check valued at ...more »

Garnishment
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Welcome Home to a Veteran
Washington and Lee University News Office (blog)December 15, 2011

James's law practice in Statesville focuses on solving money issues, including helping people stop foreclosures, repossessions, wage garnishments, judgment executions, IRS levies and creditor harassment. Washington and Lee alumnus James Mallory is ...more »

Chapter 7 Bankruptcy
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The Bankruptcy Files: AMR, Lehman, MF Global, PMI, and Power Balance Bracelets
The Am Law DailyDecember 1, 2011

The economy's ongoing struggles are proving to be fruitful for bankruptcy lawyers betting on a second wave of corporate restructuring work in the US and abroad. The No. 1 spot on that list still belongs to Lehman Brothers, which this week inched closer ...more »

Personal Bankruptcy
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Hospital expects to emerge from bankruptcy
phillyBurbs.comDecember 1, 2011

Nearly two years after filing for bankruptcy, Lower Bucks Hospital is expected to emerge with a clean financial slate next month, though a new report found "sustained and dramatic softening" in some patient numbers. The US Bankruptcy Court in ...more »

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