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

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Public sector wage freeze law possible, Hudak says
Toronto SunOctober 1, 2011

“I think we need to realize that we have a collective bargaining agreement regime in Ontario that is the law.” Asked about a public-union pay freeze Friday, Hudak wouldn't rule one out — though it would only be considered as a “last resort” in ...more »

How recent oil and gas discoveries will impact Ohio businesses and landowners
Smart Business NetworkOctober 1, 2011

Smart Business asked Huntsberger what Utica Shale drilling means for Ohio. Why does the Utica Shale hold so much promise for Ohio? The Utica Shale formation appears to hold significant amounts of 'wet' gas and oil. The wet gas has elements in it that ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Pelican Pools forced into bankruptcy
St. Augustine RecordOctober 1, 2011

Under personal bankruptcy law, a homesteaded home, one automobile and some other assets cannot be seized in personal bankruptcy. “Debtor estimates that, after any exempt property is excluded and administrative expenses paid, there will be no funds ...more »

Collections
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Sizing up the Supreme Court
The National Law JournalOctober 1, 2011

I happen to have been in Court the day that the bankruptcy case [Ransom v. FIA Card Services] came down and she delivered it as though she was talking to some friends about it and made it very accessible to people in the audience. ...more »

Chapter 11, Chapter 13 Bankruptcy
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New York business set to buy Erie's Telatron
GoErie.comOctober 4, 2011

Y&B Holdings LLC intends to submit an opening bid of $600000 at an auction that will occur in US Bankruptcy Court in Erie by Dec. 15, according to newly filed court documents. The records are unclear on whether Y&B Holdings would keep Telatron in Erie. ...more »

Disputes With Irs
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55 indicted in alleged $250-million tax fraud scheme
Los Angeles TimesOctober 3, 2011

A federal grand jury has indicted 55 people in San Bernardino County in connection with an alleged tax fraud scheme involving the filing of false income tax returns seeking more than $250 million in bogus refunds, authorities said Monday. ...more »

Garnishment
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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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IN RE EVERETT
Leagle.comOctober 3, 2011

The judgment in issue is the court's order entered on October 18, 2010, dismissing this case with prejudice to the discharge in a subsequent Chapter 7 case of the dischargeable debts scheduled herein. The United States Trustee opposes the Motion. ...more »

Personal Bankruptcy
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Jefferson Co. truck stop wins TDOT contract, buys equipment, shuts down
WBIR-TVOctober 1, 2011

The following year, in 2003, Lewis filed his first bankruptcy claim, emerging from it in 2005. Then, while still on probation from his earlier crimes, he found himself in trouble with the law again. In April 2010, he was charged with 10 felony counts ...more »

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