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

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NTSB Gives Update on Plane Crash That Kills Three
MyHighPlainsMay 1, 2017

AMARILLO,TX - UPDATE (7:18 PM): The Amarillo Police Department released the names of the victims killed in Friday's plane crash. Pilot Robin Shaw and flight nurses Misty Nicholson and Scott Riola were killed when their plane went down shortly after ...more »

'Shameful' social media firms slammed for not tackling hate crime postings
International Business Times UKMay 1, 2017

The MPs held an inquiry into hate crime and its consequences after Jo Cox, a Labour MP, was killed by far-right terrorist Thomas Mair who searched online for material on Nazism and white supremacism. Amber Rudd, the home secretary has promised to ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Avant personal loans: 2017 comprehensive review
Bankrate.comMay 1, 2017

Credit history just meh? Avant is here for you. The loan company issues unsecured fixed-rate loans to borrowers with less-than-perfect credit scores. Avant says its target borrower has a credit score between 600 and 700, while the typical borrower has ...more »

Collections
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The New FISA Reform Still Doesn't Protect Your Privacy
The American ConservativeMay 2, 2017

So even if you have broken no law, the secret court that oversees America's secret laws thinks it's just fine for NSA and FBI to collect and try to break into your conversations with your family, friends, co-workers, etc. There's nothing remotely ...more »

Bankruptcy Law
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South Arkansas bankruptcies for the week ended Tuesday, May 2, 2017
MagnoliareporterMay 4, 2017

Daniel Ray Pesnell, A/K/A Danny Pesnell and Rickey E. Pesnell, 5676 Lisbon Road, El Dorado; Chapter 7; bankruptcy filed April 30. Carl Newton and Patsy Newton, 607 W. Wesson St., El Dorado; Chapter 13; bankruptcy filed May 1. Catina Lashelle Frazier ...more »

Disputes With Irs
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Senate to Probe Chevron Nigeria Over Alleged $4.9 Billion Tax Fraud
Prensa LatinaMay 9, 2017

The investigation was sequel to a petition forwarded by one Dr. George Uboh of Panic Alert Security Systems bothering on tax evasion and other forms of financial scams by the oil company. The petition which was being investigated by Senate Committee on ...more »

Garnishment
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Developing A Strategy To Fight FBAR Penalties
Mondaq News Alerts (registration)May 6, 2017

Once the IRS has assessed FBAR penalties, an account holder and his or her advisers must consider whether to pay the penalties and seek a refund, or to wait until the IRS brings suit to collect the penalties. .... the account holder in federal district ...more »

Chapter 11, Chapter 13 Bankruptcy
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Bankruptcy 'Safe Harbor' Protection to Get Supreme Court Review
BloombergMay 1, 2017

The U.S. Supreme Court agreed to hear a case that could make it easier for creditors to claw back cash that was paid out by a company before it went bankrupt. Bankruptcy law offers a “safe harbor” to financial institutions that perform securities ...more »

Personal Bankruptcy
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Scapegoating in the name of fighting drugs: What Trump and Duterte have in common
The Hill (blog)May 2, 2017

Police are also exploiting the campaign for personal gain. Last week the Philippine Human ... This approach is also likely to punish victims of organized crime in their home countries who have fled to the US seeking refuge from harm. Meanwhile, by ...more »

Chapter 7 Bankruptcy
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Understanding the role lawyers play in a turnaround situation
Smart Business NetworkMay 1, 2017

Because the cost of Chapter 11 is now very high, the tendency is to attempt a non-bankruptcy court solution through a forbearance agreement, a state court receivership, or other non-bankruptcy solutions that are now more popular because they might be ...more »

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