Bankruptcy Law News. Crime Stories, Law on News and Legal Publications in February, 2017

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Rural zoning regulations could change
AlbionnewsonlineFebruary 1, 2017

Boone County zoning regulations governing rural lot splits and setback requirements could be changing soon. In the meantime, the County Planning Commission Monday night approved a motion recommending a moratorium on all conditional use permits for ...more »

Johnny Depp spends $30000-a-month on wine... as star's former managers claim '$2 million-a-month lifestyle to blame ...
Daily MailFebruary 1, 2017

In addition to owning multiple homes and a luxury yacht, he spends $30,000 a month on wine, travels by private jet and maintains 12 storage facilities housing his fine art and memorabilia collections. That's according to a lawsuit filed Tuesday by his ...more »

Bankruptcy Law News and Stories

Bad Credit History
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RON HART: Obama did not save the US economy
Walton SunFebruary 3, 2017

And if the Community Reinvestment Act had not done enough damage, Obama let lefty loon Elizabeth Warren start the expensive Consumer Protection Agency. It proclaimed it would force lenders to make more "fair" loans to folks with bad credit and would ...more »

Collections
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Q&A with Texas Attorney General on Consumer Protection Priorities ...
Texas LawyerFebruary 1, 2017

In recent years, state Attorney General's offices have been increasingly active in enforcing consumer protection issues. Given the array of interesting issues ...more »

Bankruptcy Law
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Daily Fantasy Sports Operator Fantasy Aces Files For Bankruptcy
Legal Sports ReportFebruary 1, 2017

Fantasy Aces -- one of the biggest daily fantasy sports operators this side of DraftKings and FanDuel -- has filed for bankruptcy.more »

Disputes With Irs
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Self-employment taxes on corporate income and how to avoid them
MarketWatchFebruary 1, 2017

Over the years, a simple solution to this problem has been proposed. Since the IRS computer will be looking at Schedule C, report all the 1099-MISC income on Schedule C, then deduct it out, with a statement saying that it has been reported on the ...more »

Garnishment
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Man jailed for owing $223K in back child support
Jackson Clarion LedgerFebruary 7, 2017

Haywood did not pay child support, Ainsworth said, and her ex-husband's check was eventually garnished. Haywood quit his job after the first garnishment and moved to Mississippi, Ainsworth said. "He told me I would never see any child ... but this was ...more »

Chapter 11, Chapter 13 Bankruptcy
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So What Does a Bankruptcy Carve-Out Clause Really Mean? Delaware Bankruptcy Court Concludes It is Not a Cap on ...
The National Law ReviewFebruary 3, 2017

In chapter 11 bankruptcy cases, it is not uncommon for secured parties/lenders to provide a “carve-out” for various professional fees. Frequently there may be a “carve-out” for “all chapter 11 professionals” or the “carve-out” may be broken out in ...more »

Personal Bankruptcy
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Families search for answers after adoption agency abruptly closes
WISH-TVFebruary 1, 2017

Local adoption lawyer, Steve Kirsh says many of the affected parents have called his firm. He says the ... Usually when a company files Chapter 7 bankruptcy, they have no plan for their future, they have no plan for going forward,” said Kirsh ...more »

Chapter 7 Bankruptcy
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Fantasy Aces And Wire Fraud: Low-Hanging Fruit For A Federal Prosecutor?
Legal Sports ReportFebruary 3, 2017

The federal wire fraud statute, as set forth in 18 U.S.C. § 1343, is expansive. If Fantasy Aces customer money travelled across state lines and the company pilfered it under false pretenses, a federal prosecutor could potentially bring a wire fraud ...more »

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