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Archive for July, 2008

Barack Obama Talks Bankruptcy Changes

From AP:
Obama’s new bankruptcy proposals supplement his broader — and previously announced — bankruptcy reform agenda that includes changes intended to help people in financial distress because of medical bills and allow homeowners going through the bankruptcy process to renegotiates terms of their mortgages.
The Democrat said he also would help service members and military families [...]

Did A Serial Killer “Conceal an Asset” By Not Listing Rights to His “Story” On His Chapter 7 Schedules?

The Louisiana (Baton Rouge) Chapter 7 Trustee apparently thinks so.
Here’s the backstory on Derrick Todd Lee, aka “The Baton Rouge Serial Killer” (I guess the acronymic and descriptive monikers well was running dry?).
On one of the bankruptcy law listservs I subscribe, one of our Louisiana colleagues mentioned that the convicted killer’s chapter 7 trustee this [...]