March 2010

SUPREME COURT TO HEAR ISSUE: IN CALCULATING DISPOSABLE INCOME FOR CHAPTER 13 SHOULD COURT CONSIDER ACTUAL INCOME/EXPENSES OR LIMIT INQUIRY TO HISTORICAL FIGURES?

Chapter 13 /

ISSUE: IN CALCULATING DISPOSABLE INCOME FOR CHAPTER 13 SHOULD COURT CONSIDER ACTUAL INCOME/EXPENSES OR LIMIT INQUIRY TO HISTORICAL FIGURES? Hamilton v. Lanning Argued: 3/22/10 No. 08-998 Court Below: 545 F.3d 1269 (10th Cir. 2008) [Summarized by: Cameron Soran] Full Text: http://www.scotusblog.com/wp-content/uploads/2009/10/08-998_ca10.pdf BANKRUPTCY (Whether when calculating the debtor’s projected disposable income during the plan period, the […]

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Man sues Kentucky law firm over debt collection letter

Debt Collectors, In the News /

Source: Credit and Collection News www.wvrecord.com Mar. 10, 2010 | West Virginia’s Legal Journal News > Federal Court Man sues Ky. law firm over debt collection letter 3/9/2010 7:54 PM By Kelly Holleran -Monongalia Bureau MORGANTOWN – A man has filed a putative class action lawsuit against the Kentucky-based law firm that he says illegally

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The Legal Professional: US bankruptcies rise in 2009

In the News /

Source: Credit and CollectionNews.com (The Legal Professional) Wednesday 10 March 2010 The USA lumps all kinds of insolvency proceedings under the single heading of “bankruptcy” and so its headline figures are misleading. But behind the headline figure – that there was a near-30% increase in 2009 as against 2008, there are some trends that indicate

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DEBT COLLECTORS PAY MORE THAN $1 MILLION TO SETTLE FTC CHARGES

Debt Collectors, In the News /

DEBT COLLECTORS WILL PAY MORE THAN $1 MILLION TO SETTLE FTC CHARGES SOURCE: CreditAndCollectionNews.com A nationwide debt collector has agreed to pay a civil fine of more than $1 million to settle Federal Trade Commission charges that it violated federal law by inaccurately reporting credit information and pressing consumers to pay debts they often did

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