College May Keep Tuition Money Paid by Bankrupt Parents, Judge Rules

By Katy Stech Updated Aug. 11, 2016 7:50 p.m. ET

Sacred Heart University can keep money in bankruptcy of Steven and Lori Palladino tied to Ponzi scheme

A federal bankruptcy judge ruled that Sacred Heart University can keep roughly $65,000 in tuition money in a legal battle that’s grown more common as the . . . → Read More: College May Keep Tuition Money Paid by Bankrupt Parents, Judge Rules

NCLC Solicits Nominations for Vern Countryman Award

Vern Countryman was a legendary champion of consumer rights, and a founding trustee of the National Consumer Law Center. Each year, NCLC presents the Vern Countryman Award, the top national honor for consumer lawyers, to an attorney whose career work has significantly contributed to the rights and well-being of low-income consumers.

We welcome . . . → Read More: NCLC Solicits Nominations for Vern Countryman Award

IRS Provides Tax Relief to Houston Area Storm Victims; Tax Deadline Extended to Sept. 1

WASHINGTON –– Texas storm victims, including those in the Houston area, will have until Sept. 1, 2016 to file their returns and pay any taxes due, the Internal Revenue Service announced today. All workers assisting the relief activities who are affiliated with a recognized government or philanthropic organization also qualify for relief.

Following this . . . → Read More: IRS Provides Tax Relief to Houston Area Storm Victims; Tax Deadline Extended to Sept. 1

A Penny For Your Thoughts? If Not, Then How About Fifty Cent?

By Leon D. Bayer, Bayer, Wishman & Leotta (Los Angeles, CA)

The famous rap artist Fifty Cent is the debtor in a Chapter 11 bankruptcy case. Somewhat counter intuitively for any debtor to do, Mr. Cent has been using social media to demonstrate his financial well-being.

Lawyers routinely instruct their clients to keep . . . → Read More: A Penny For Your Thoughts? If Not, Then How About Fifty Cent?

Advisory Committee on Bankruptcy Rules Update

On behalf of the NACTT, Chapter 13 Standing Trustee Nancy Whaley (Atlanta, GA) attended the Advisory Committee on Bankruptcy Rules meeting on March 30th. As you may recall at the Rule’s Committee Fall meeting, the Committee passed the Official Plan Form and associated rules except for Rule 3015 and 3015.1. These rules permit Districts . . . → Read More: Advisory Committee on Bankruptcy Rules Update

NCLC and CFA's Written Statement to U.S. House Financial Services SubCommittee Hearing on FDIC Targeting of RALs

FOR IMMEDIATE RELEASE: MARCH 16, 2016

Link to complete written statement: http://bit.ly/1Uz6WRb

(BOSTON) The National Consumer Law Center and Consumer Federation of America submitted a written statement to the U.S. House Financial Services Subcommittee on Oversight and Investigations for today’s hearing regarding “The FDIC’s Targeting of Refund Anticipation Loans [RALs].”

In the written statement, . . . → Read More: NCLC and CFA’s Written Statement to U.S. House Financial Services SubCommittee Hearing on FDIC Targeting of RALs

Electronic Signatures Vs. Digital Signatures: What’s The Difference?

When it comes to selecting e-signature technology, lenders are well advised to think in terms of digital signature technology, as well.

Patrick Barnard

E-signature technology is seeing rapid adoption in the mortgage industry. Today, most, if not all, mortgage lenders accept e-signatures in some form, regardless of what stage they are at . . . → Read More: Electronic Signatures Vs. Digital Signatures: What’s The Difference?

ABA, Hazelden Betty Ford Foundation Release First National Study On Attorney Substance Use, Mental Health Concerns

ABA, Hazelden Betty Ford Foundation Release First National Study On Attorney Substance Use, Mental Health Concerns

Of 11,278 attorney/participants 20.6% scored at a level consistent with problematic drinking. . . . Of 11,489 participants, 36.4% . . . score consistent with hazardous drinking or possible alcohol abuse or dependence. A significantly higher proportion of . . . → Read More: ABA, Hazelden Betty Ford Foundation Release First National Study On Attorney Substance Use, Mental Health Concerns

In Your Cites - A Quick Refresher Of Common Legal Citations For Your Bankruptcy Practice

By Megan E. Craig, Bayer, Wishman & Leotta (Los Angeles, CA)

New law school graduates and thirty-year veteran practitioners alike can benefit from a quick refresher on proper Bluebooki citation. This article reviews proper use of basic case, statute, internet and book citations, including use of short form and signals. It is intended for . . . → Read More: In Your Cites – A Quick Refresher Of Common Legal Citations For Your Bankruptcy Practice

Meet The New Trustee

As of January 1st, Carey Dalton Ebert was appointed Chapter 13 Standing Trustee for the Eastern District of Texas. Her office is in Plano. She inherited an exceptional staff from Chapter 13 Standing Trustee Janna Countryman, who passed away suddenly last year.

Prior to appointment as Standing Trustee, Ms. Ebert practiced law for over . . . → Read More: Meet The New Trustee