Blog Posts in June, 2011

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  • Dodgers File Chapter 11 Bankruptcy
    Dodgers File Chapter 11 Bankruptcy

    The Los Angeles Dodgers, one of the most storied franchises in baseball, had to file Chapter 11 bankruptcy today. It will be interesting to see what happens now. Most of the time, these types of ...

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  • Fresno Bankruptcy Filings Are Flat or Trending Down Slightly
    Fresno Bankruptcy Filings Are Flat or Trending Down Slightly

    Interestingly, even with the economy in such poor shape, it looks like local bankruptcy filings are staying flat or somewhat down from last year . This is only for the first quarter of the year so it ...

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  • SCOTUS Grants Cert. for Chapter 12 Tax Case
    SCOTUS Grants Cert. for Chapter 12 Tax Case

    The Supreme Court granted certiorari to hear an appeal from a Ninth Circuit case involving whether a Chapter 12 debtor could essentially trap capital gains taxes in a Chapter 12 estate, and therefore, ...

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  • Three of Biggest Mortgage Servicers Get Failing HAMP Grades
    Three of Biggest Mortgage Servicers Get Failing HAMP Grades

    The U.S. Treasury Department recently released a report on the Home Affordable Modification Program (HAMP). One of its findings was that Bank of America, JPMorgan Chase and Wells Fargo all needed ...

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  • The Automatic Stay, a.k.a., You Can Answer Your Phone Again
    The Automatic Stay, a.k.a., You Can Answer Your Phone Again

    One of the main reasons that people file bankruptcy is something called the “automatic stay.” The automatic stay is called that because that is what it is: (1) it goes into effect automatically upon ...

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