03 December 2009 ~ 0 Comments

Total Bankruptcy Filings Fall in November

In a possible positive sign for the economy, the number of bankruptcy filings fell during November. The total number of filings was still up 12% over last year, but it was down 18% from the amount of filings in October. Depending on where the December numbers come in, the total quarterly filing could decrease from [...]

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02 December 2009 ~ 0 Comments

Restrictions on Bankruptcy Advice Considered by Supreme Court

A Minnesota law firm is arguing against a provision in a 2005 bankruptcy law that can put lawyers in conflict with ethics rules and result in misleading disclosures in advertising. The case hinges on a provision that bars debt relief agencies from encouraging a person to “incur more debt” with the understanding of filing for [...]

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