KING BANKRUPTCY PRACTICE REPORT:
NACBA SAYS JUDICIAL CRAMDOWN IS BACK ON THE SENATE AGENDA – VOTE MAY TAKE PLACE EARLY NEXT WEEK
There is now talk that S. 61, the judicial mortgage modification bill
(as it has been come to be known) may be on the Senate floor for
consideration as early as next week. If there turns out [...]
King Bankruptcy Practice reports…
“Mortgage modification in bankruptcy expected to be dropped form Senate agenda…”
A bulletin from KING BANKRUPTCY PRACTICE
April 9, 2009
Sources have let leak that the much talked about bill to allow
bankruptcy judges to modify mortgages will probably be dropped from
the Senate agenda.
Senate rumors suggest the reason is the proposed judicial cramdown
legislation is a [...]
This story is about bankruptcy lawyers & the increase in work they are experiencing…
The state of the economy, the sharply rising number of bankruptcy filings and the passing of the mortgage cram-down bill in the U.S. House last week are causing many Chicago law firms to build up their bankruptcy departments.
Click here to read the full story…
http://news.medill.northwestern.edu/chicago/news.aspx?id=123267
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Thursday, February 19, 2009
Lawyers & the boom in bankruptcies
More than 1 million people filed for bankruptcy last year. This trend is also creating a work boom in part of the legal profession — consumer bankruptcy law.
Read the full article on NPR:
http://www.npr.org/templates/story/story.php?storyId=100471939
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