Allegedly, some law firms are seeing increases in their bankruptcy practice due to the economic downturn:
Bankruptcy work has been growing with the surge in bankruptcy filings.
Click here to read the story from Dayton Ohio:
http://dayton.bizjournals.com/dayton/stories
Wednesday, April 22, 2009
Read this from Las Vegas…
Bankruptcy lawyers are seeing record numbers of people filing for Chapter 7 or 13, and it’s keeping them busy. Attorneys are doing their jobs, but at the same time, in disbelief with how many people are turning to bankruptcy during the recession.
The entire story is over here….
http://www.lasvegasnow.com/Global/story.asp?S=10145359&nav=168Y
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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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