Appeal from 1st Dist. In re: Application of the County Collector, No. 97165 (April 19, 2007) On remand from US Supreme Court (THOMAS) (KILBRIDE, dissent), the Illinois Appellate court affirmed that a stutory deed issued for non-payment of taxes (“tax deed”) could not be set aside merely because the homeowner was in a mental health...Read More

When the law changed in 2005 I found that I had a problem along with all the other bankruptcy lawyers in the Chicago area: our systems, our information, in fact the way we did business period, was was predicated on the old way. Long story short, a lot of good bankruptcy lawyers got out of...Read More

HSBC Bank USA v. United Air Lines, Inc., 04 A 02413 underlying bankruptcy: In re UAL Corp., et al., 02 B 48191 opinion issued: 01/22/2007 by judge: Eugene R. Wedoff read the first opinion here read the second opinion hereRead More

the empirical legal studies blog poses the provocative question — what has happened to business bankruptcy filings. according to all published indicators they are spiraling down at a rate that is (depending on which side of the aisle you inhabit) either very good or very bad … but in any case dizzying. this quote from...Read More

filings in 2006 fell 37.6% — and that figure included most of the surge prompted by the October 2005 change in the law. in other words, after rising for a while filings have really begun to go down. score one for the credit card industry, and one more strike against ordinary Americans. this chart helps...Read More

Debt collectors find no refuge behind bankruptcy code By Patricia Manson, Law Bulletin staff writer Despite their differences, the U.S. Bankruptcy Code and the Fair Debt Collection Practices Act can live side by side, a federal appeals court has held. The 7th Circuit Court of Appeals on Wednesday rejected the notion that the Code trumps...Read More