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

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Iconic for decades, time running out for Kodak
CNBC.comOctober 1, 2011

Concerns about the company's future boiled over on Friday, after it hired a law firm well-known for bankruptcy cases, sending its shares down 54 percent to 78 cents per share. Although Kodak said it has "no intention" of filing for bankruptcy, ...more »

Federal disability benefits could end for as many as 700 resident immigrants
Minnesota Public RadioOctober 1, 2011

The total number of state residents affected by the cutoff of Social Security disability benefits will grow to more than 700, said Immigrant Law Center executive director John Keller. The recipients are not US citizens, and had been granted benefits ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Attorney General's Office offers new ID theft website
Missourinet.comOctober 3, 2011

Often such a discovery is not made until a credit application is denied or unexplained charges show up on a credit or debit card. The website also explains how to repair damage done. An important step in that process is contacting companies where ...more »

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Law sets rules for collection of medical bills
Colorado Springs GazetteOctober 1, 2011

An amendment to the law enacted a year after it went into effect added a provision that says a violation of the law cannot serve as the basis for a claim under another statute, the Colorado Fair Debt Collection Practices Act. Resourceful lawyers had ...more »

Chapter 11, Chapter 13 Bankruptcy
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Friendly's might file for bankruptcy
Concord MonitorOctober 2, 2011

The Friendly's ice-cream and restaurant chain could file for Chapter 11 bankruptcy as soon as this week, according to the Wall Street Journal. The newspaper, citing anonymous sources, reported Thursday that the ...more »

Disputes With Irs
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Homeschoolers emerge as Republican foot soldiers
ReutersOctober 3, 2011

For David Keagle, that means driving a red, white and blue school bus painted with slogans like "Stop the IRS" in local parades as his nine children wave Ron Paul signs. "He's spot-on on lowering taxes, and when it comes to Christian values and morals, ...more »

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Q&A: Can bank sue after home is deeded away?
Kansas City StarOctober 6, 2011

The lender will have up to 20 years to enforce this judgment by potentially garnishing your wages or bank accounts or having the sheriff sell your property. But there are many defenses to garnishment of wages, such as being the head of your household. ...more »

Chapter 7 Bankruptcy
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Vaughan Bid for Documents Denied
Albuquerque Journal (subscription)October 1, 2011

A US District Court judge has denied an attempt by Doug Vaughan's lawyer to access documents across the federal judicial system in Bankruptcy Court, where his former real estate ...more »

Personal Bankruptcy
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Judge sets hearing in Dodgers bankruptcy
Thomson Reuters News & InsightOctober 3, 2011

The auction is expected to help refinance the team and allow owner Frank McCourt to hold onto it after bankruptcy. MLB has disputed the team's need for bankruptcy and questioned McCourt's personal interests and spending. The league filed documents with ...more »


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