U.S. Trustee Program Obtains Sanctions Against Consumer Bankruptcy Attorneys Involved in Real Estate Schemes (Two different attorneys in unrelated schemes.)
The Fishy Death of Red Lobster - Endless Shrimp didn't sink the seafood chain. Wall Street did.
'Inflation is Still a Problem': Consumers are spending more and saving less, new federal data shows
New Study - Bankruptcy Lawyers and Credit Recovery
By Brian Jonghwan Lee
The author studies how bankruptcy law firm advertisements affect credit recovery of households in financial distress. Exploiting the border discontinuity strategy associated with the geographic unit in which local TV advertisements are sold, the author empirically uncovers bankruptcy filings and credit recovery related to exogenous variations in bankruptcy law firm advertisements. The author first documents a significant advertising effect on filing rates and shows that advertising-induced filers are similar to existing filers. The author then finds a positive effect of advertisements on credit outcomes including credit score, new homeownership, and foreclosure.
In case you missed this one: US Army Financial Counselor Admits to Defrauding Millions from Gold Star Families: DOJ (Not bankruptcy but despicable.)
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