Here are some cases from around the country — note the 7th Circuit and ND IL decisions among them: DEBTOR’S DISSIPATION OF FUNDS NOT GROUNDS FOR DENIAL OF DISCHARGE Although the debtor received and quickly dissipated a substantial insurance settlement within one year of her bankruptcy filing, there was no evidence of fraudulent intent to...Read More
I’ve asked before and I’ll ask again: what is a “reputable” credit counselling service? UTAH CREDIT COUNSELING SERVICE SHUT DOWN Consumers who relied on Consumer Credit Counseling Service of Utah to handle their debt payments are being urged to contact creditors directly after the Utah Division of Consumer Protection temporarily shut down the agency Tuesday....Read More
UNEMPLOYED GIVING UP ON FINDING A JOB The share of the U.S. population working or actively seeking a job has fallen to 65.9 percent, the lowest level in 16 years. Economists say the weak job market is causing people to give up their searches and drop out of the labor pool at an unusual pace....Read More
Okay, this one you have to see to believe. I mean, whoa. BK ATTORNEY PLEADS GUILTY TO BANKRUPTCY FRAUD Disbarred attorney Bridgette M. Harris of Bowie pleaded guilty today to four counts of bankruptcy fraud and fraudulent transfer of property in bankruptcy. In a statement of facts given to the court as part of her...Read More
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