MIKE BAKER,Associated Press Writer
States that allow debt collectors to seize consumers’ wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice, an Associated Press analysis has found.
This link highlights a dilemma for credit-card companies and other debt chasers: By going after wages — an increasingly popular maneuver since the [...]
Entries Tagged as 'Bankruptcy Law'
Bankruptcies low in states that don’t seize wages
July 6th, 2009 · No Comments
Tags: Bankruptcy Law · General
Chrysler dealers scramble to unload vehicles
June 8th, 2009 · No Comments
BREE FOWLER
AP Auto Writer
Peter J. Walsh, the owner of Walsh Dodge in Jersey City, N.J., started out selling used cars in his hometown 28 years ago after the birth of his daughter. He slowly built his business, and felt as if he’d finally made it when he earned his Chrysler shingle in 2000.
But on Tuesday, [...]
Tags: Bankruptcy Law · Business Law · Federal · General
U.S. Courts Bankruptcy Video Explains Your Rights
March 20th, 2009 · No Comments
By: LINDSEY O’NEILL, ESQ.
Want to learn more about bankruptcy directly from the courts? The U.S. Courts website has some great information about the basics of bankruptcy. Of course, you shouldn’t try to go through the bankruptcy process alone. Not only is bankruptcy stressful, but navigating the court system is even difficult for attorneys. Always consult [...]
Tags: Bankruptcy Law · Lead Counsel · Lead Counsel Corner · Lead Counsel News
Bankruptcy Tsunami Predicted for ‘09
January 14th, 2009 · No Comments
By: LINDSEY O’NEILL, ESQ.
A new year, a fresh start? Most industry experts believe bankruptcy will continue to boom in 2009.
Bryan Marsal, Co-Chief Executive Officer at Alvarez & Marsal predicts a “tsunami” of bankruptcies and business restructurings for 2009. With declining revenues all around, many individuals and businesses can’t afford to pay their debts. On top of [...]
Tags: Bankruptcy Law · Lead Counsel · Lead Counsel Corner · Lead Counsel News
Five States Adopt “Fire-Safe” Cigarettes Law
January 8th, 2009 · 1 Comment
By: LISA R. WILSON
On January 1st, 2009, laws mandating stores sell only cigarettes that are slow-burning and comprised of fire-safe paper went into effect in Delaware, Iowa, Oklahoma, Pennsylvania and Texas. Fifteen other states have laws that will take effect this year or next, according to the Coalition for Fire-Safe Cigarettes.
The paper on these [...]
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Have you been laid-off?
Know your unemployment rights!
December 2nd, 2008 · 14 Comments
By: LISA R. WILSON
In the midst of the stress and worry that accompanies a lay-off, a newly unemployed person is bound to question what he or she has coming to them, in the form of financial compensation. Will I get paid for accrued vacation time? The expenses I put on my personal credit card for [...]
Tags: Bankruptcy Law · Business Law · Estate Planning · Family Law · General · Labor & Employment Law · Lead Counsel · Lead Counsel Corner · Lead Counsel News · Litigation · Workers' Compensation
Where’s the Chicken? Pilgrim’s Pride Falls Into Bankruptcy
December 1st, 2008 · No Comments
By: LINDSEY O’NEILL, ESQ.
Pilgrims Pride Corp., the nation’s largest chicken producer, has filed for bankruptcy protection. While the company will reorganize, it does not intend to go out of business.
How does a company which controls nearly a quarter of the market fall into bankruptcy? The company’s problems apparently stem from rising feed costs and increased [...]
Tags: Bankruptcy Law · Lead Counsel · Lead Counsel Corner · Lead Counsel News
Tough economy leaves more Americans
acting as their own lawyers
November 27th, 2008 · 1 Comment
By: LISA R. WILSON
Due to the financial meltdown felt by millions of Americans across this country, the number of people acting as their own lawyers is on the rise. In the past, less complicated cases such as uncontested divorces or small claims were often filed by parties serving as their own attorney. But [...]
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Don’t think you can afford to hire a lawyer? Think again….
November 23rd, 2008 · 2 Comments
By: LINDSEY O’NEILL, ESQ.
If you’ve been injured, arrested, or sued, you’re probably wondering how much it would cost to hire a lawyer. Or you might not even TRY to hire a lawyer because you just assume that it’s too expensive, or that you could probably get by on your own. This is, unfortunately, all too [...]
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Business Bankruptcy and Employee Health Benefits
November 7th, 2008 · No Comments
By: LINDSEY O’NEILL, ESQ.
Has your employer filed for bankruptcy? If so, you are probably wondering about what will happen to any medical coverage provided by your employer.
Business bankruptcy can take one of two forms – reorganization or liquidation. Under Chapter 11 of the Bankruptcy Code, the business will likely continue operations under the court’s protection while attempting [...]
Tags: Bankruptcy Law · Federal · Labor & Employment Law · Lead Counsel · Lead Counsel Corner · Lead Counsel News
Lindsey O'Neill is the Director of Legal Content and Strategic Development at LawInfo.com. Ms. O'Neill is a California licensed attorney based in La Jolla and experienced in a wide variety of legal and business matters.