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Canceling Student Loans in Bankruptcy Gains Bipartisan Backing
Legislation that would restore struggling borrowers’ right to eliminate student loans through bankruptcy has gained bipartisan support in the Senate, building momentum for a…
Biden Administration Issues a New Eviction Moratorium After a Federal Ban…
Days after a national eviction moratorium expired, the Biden administration on Tuesday issued a new, more limited freeze that remains in effect through Oct. 3, NPR reported.…
Caribbean Refinery Decommissioning Will Take Months
The process of decommissioning the shuttered Limetree Bay refinery in the U.S. Virgin Islands will take several months, the company’s owner told a Texas bankruptcy court on…
Chesapeake Energy’s Future Muddied by Executive Departures, Strategy…
When U.S. oil and gas producer Chesapeake Energy Corp. emerged from bankruptcy in February, it touted to investors a clean balance sheet, a new board of directors and a…
Mortgage Boom Drives Biggest Jump in Household Debt Since 2013
U.S. household debt rose at the fastest pace since 2013 in the second quarter, driven by a mortgage boom as Americans took advantage of low borrowing costs and sought more…
Businesses Are Loading Up on Credit. Spending Could Follow.
Businesses are sitting on record amounts of unused credit from U.S. banks, another quirk in the economic recovery that bankers say could help unleash pent-up spending in the…
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Experts Examine Important Consumer Bankruptcy Law Changes Enacted in December - Ep. 241
Experts Unpack Important Commercial Bankruptcy Law Changes Enacted in December - Ep. 240
Issues Confronting Bankruptcy and Insurance Law - Ep. 239
Examining Supreme Court Decision on Puerto Rico Oversight and Management Board - Ep. 238
Two ABI Legends Discuss Financial Crisis Due to COVID-19, Tools for Practitioners to Utilize - Ep. 237
RDW Weekly Highlight 07/30/2021
ABI Editor-at-Large Bill Rochelle examines a recent 10th Circuit decision that split with the 3rd and 7th Circuits on allowing a chapter 13 debtor to cure defaults after a five-year plan had ended.