Debt Collection Process - Illinois Bankruptcy Law News

Illinois Bankruptcy Law News

Business news Wednesday, July 21, 2010 @ 4:01AMREAL ESTATE Five Prudential One Realty Centre agents received 2010 Five Stars, based on a survey of residents who recently purchased homes. The surveys were based on customer service, communication, finding the right home, integrity, negotiation, marketing the home, market knowledge, closing preparation and overall satisfaction. The agents are Irma August, Diana Massey, Rosemary Wilson, Kim ...
Financial reform will mean changes Sunday, July 18, 2010 @ 10:31PMReporting requirements will give consumers more details on loans, mortgages. It may be quite a while before consumers feel the effects of the newly passed federal financial reform legislation.
Letters to the Editor Tuesday, July 13, 2010 @ 2:13PMI wanted to bring to your attention our latest Pork Alert highlighting wasteful earmarks that were included in the fiscal year 2011 Department of Transportation, Housing, and Urban Development (THUD) Appropriations Act. One of the earmarks that we highlighted was for acquisition of two ferries for a new ferry service in Berkeley that was requested by House Speaker Nancy Pelosi (D-Calif.):
Law School Applications on the Rise Monday, July 12, 2010 @ 10:52PMLaw school applications increased by 7 percent and the number of applicants by 3 percent nationwide for this year's incoming class compared to last year, according to the Law School Admissions Council. Despite the current grim job statistics, budding law students seem cautiously optimistic.
Court Rejects ‘End Run Around’ Bankruptcy Process Thursday, July 8, 2010 @ 11:08AMA bankruptcy court’s order setting aside a company’s assignment of accounts receivable to a bank barred the bank from suing an account-holder who continued to make payments to the company instead, the Ninth U.S. Circuit Court of Appeals ruled yesterday.
Jim Rubin Wins Global Insurance & Reinsurance Lawyer of the Year Award Wednesday, July 7, 2010 @ 5:00AMCHICAGO----James I. Rubin, a founding partner of the Chicago-based law firm Butler Rubin Saltarelli & Boyd LLP, has been named “Global Insurance and Reinsurance Lawyer of the Year 2010” in the International Who’s Who of Business Lawyers annual legal awards.
Arnstein & Lehr LLP Attorneys included in 2010 Florida Super Lawyers and Rising Stars Tuesday, July 6, 2010 @ 1:09PMFt.Lauderdale/ Miami, FL - The law firm of Arnstein & Lehr LLP announced that seven of its attorneys have been included in the 2010 edition of Florida Super Lawyers.
Aurora attorney disbarred in Wisconsin Wednesday, June 30, 2010 @ 1:31PMAn Aurora attorney has lost his license to practice law in Wisconsin, alittle more than a year after he lost his law license in Illinois.
Quinn makes McPier Board picks Monday, June 28, 2010 @ 5:40PMGov. Pat Quinn on Monday named two attorneys and an organized labor representative to the interim board of the agency that operates McCormick Place and Navy Pier.
Quinn makes his 3 picks for McPier board Monday, June 28, 2010 @ 5:35PMGov. Pat Quinn today named two attorneys and an organized labor representative to the interim board of the agency that operates McCormick Place and Navy Pier. The appointees are: Carmen H. Lonstein, a partner in the Chicago office of Baker & McKenzie, chairs the firm's financial restructuring, creditors' rights and bankruptcy practice group in North America. She is on the board of the Institute ...
Business people Monday, June 28, 2010 @ 11:05AM#9830;Rug Doctor announces that Steve Wahl has been named vice president of business development and will serve as a creative consultant for marketing. He previously was vice president of marketing. He has 34 years with the company and will assume the responsibility for machine sales and in-line chemical sales.
High court sides with former Enron CEO Skilling Friday, June 25, 2010 @ 10:00PMIn a setback for prosecutors, the Supreme Court on Thursday narrowed the scope of a federal fraud law frequently used to go after white-collar crime suspects in a decision that could benefit former Enron CEO Jeffrey Skilling, former newspaper...
High Court Sides With Ex-Enron CEO Skilling Friday, June 25, 2010 @ 5:06AMThe Supreme Court ruled today that prosecutors erred in using a certain federal fraud statute to convict former Enron CEO Jeffrey Skilling, but left it to a lower appeals court to determine whether his conviction should be overturned.
Justices limit use of anti-fraud law Friday, June 25, 2010 @ 1:15AMThe Supreme Court on Thursday significantly narrowed the scope of a law often used by federal prosecutors in corruption cases and called into question the fraud convictions of Jeffrey Skilling, a former chief executive of Enron, and Conrad Black, a newspaper executive convicted of defrauding his media company.
A New Plan for Valuing Pensions? Thursday, June 24, 2010 @ 11:53PMVia Pension Pulse. Mary Williams Walsh of the NYT reports, A New Plan for Valuing Pensions : The board that writes accounting rules for states and cities has proposed a new approach for pension disclosures that falls far short of what some financial experts hoped, but which would still force many governments to highlight pension shortfalls they have played down. The current standard has come ...
High court sides with ex-Enron CEO Thursday, June 24, 2010 @ 2:05PMThe Associated Press WASHINGTON (AP) — The Supreme Court ruled Thursday that prosecutors erred in using a certain federal fraud statute to convict former Enron CEO Jeffrey Skilling, but left it to a lower appeals court to determine whether his conviction should be overturned.
Smurfit, Rubicon, Philly Papers, Morton, Abitibi, Brookstone: Bankruptcy Monday, June 21, 2010 @ 11:39PMSmurfit-Stone Container Corp ., a corrugated container and containerboard maker, is in a position to emerge from Chapter 11 by the end of June given the decision by the bankruptcy judge yesterday to sign a confirmation order approving the reorganization plan.
Arnstein & Lehr Welcomes Peter E. Shapiro to its Fort Lauderdale Office Monday, June 21, 2010 @ 8:10PMThe Chicago law firm of Arnstein & Lehr LLP is pleased to announce that Peter E. Shapiro has joined its Fort Lauderdale office as a partner in the Bankruptcy & Creditors’ Rights practice group.
New York State Broadcasters Association Announces 2010 Hall of Fame Nominees Monday, June 21, 2010 @ 4:23PMFilm critic and entertainment reporter Dan DiNicola, political and business leader Percy Sutton, FM radio pioneer Scott Muni, veteran radio broadcaster Jim Roselle, and television news broadcaster Don Alhart comprise the 2010 Hall of Fame announced today by the New York State Broadcasters Association .
Up Sucker Creek in southwest Oregon, gold miners' rights collide with environmental realities Thursday, June 17, 2010 @ 3:06PMThe showdown on Sucker Creek comes downs to a conflict between the General Mining Law of 1872, which helped settle the West by promising easy access to minerals, and modern environmental laws such as the Endangered Species Act, adopted 101 years later. It also spotlights the controversial roles of federal agencies that manage public lands.
Suit against Skilled Healthcare continues; defense makes closing arguments Wednesday, June 16, 2010 @ 2:16PMCounting the number of hours a person works might seem like a simple enough task, but a formula used to translate those hours into patient care is at the center of a class-action lawsuit against one of the largest nursing home chains in the
REST Report Puts Loan Disposition Data Used by Banks Into the Hands of Consumers Wednesday, June 16, 2010 @ 10:00AMUnited Law Group was granted one of the exclusive licenses for law firms to use the report generated by the REST software system to provide homeowners with access to the facts and figures used by the banks in determining eligibility for HAMP and other programs. Millions of borrowers stand to benefit from the information provided by this report. (PRWeb Jun 16, 2010) Read the full story at ...
REST Report Puts Loan Disposition Data Used by Banks Into the Hands of Consumers Wednesday, June 16, 2010 @ 7:00AMUnited Law Group was granted one of the exclusive licenses for law firms to use the report generated by the REST software system to provide homeowners with access to the facts and figures used by the banks in determining eligibility for HAMP and other programs. Millions of borrowers stand to benefit from the information provided by this report.
Butler Rubin Recognized as #1 Firm for Insurance/Reinsurance in Annual Chambers USA Law Firm Rankings Wednesday, June 16, 2010 @ 5:00AMCHICAGO----The Chicago-based law firm Butler Rubin Saltarelli & Boyd LLP has been recognized for the fifth consecutive year as the #1 firm in Illinois for “Insurance: Reinsurance Litigation” by Chambers USA.
163 Sidley Lawyers Ranked in Chambers USA: America's Leading Lawyers for Business for 2010 Tuesday, June 15, 2010 @ 2:42PMNEW YORK----Chambers USA: America’s Leading Lawyers for Business has named 163 lawyers from Sidley Austin LLP as leaders in their field in their 2010 guide. In addition to lawyer rankings, the Chambers guide ranks practices on a national and regional basis.
(AFX UK Focus) 2010-06-14 01:44 UPDATE 1-UAW meets as union looks to claw back from crisis Sunday, June 13, 2010 @ 8:02PMBy Kevin Krolicki and David Bailey
Public Eye - Sunday, June 13, 2010 Saturday, June 12, 2010 @ 9:46PMWith all the recent talk concerning the consolidation of Kokomo and Howard County government services, there is a deadline looming that could delay the efforts for two years.
Ping opens practice in (perhaps) unprecedented move Saturday, June 12, 2010 @ 5:22PMSarah Schmidtsschmidt@parisbeacon.com
Business Briefs June 12, 2010 Saturday, June 12, 2010 @ 12:18AMBernardin, Lochmueller & Associates Inc. (BLA) is announcing the addition of John P. Sawyer as senior engineer to its St. Louis office. Sawyer is a licensed professional engineer in Missouri and Illinois and will be responsible for heading up the site development efforts in the Metro East Region.
2010 Chambers USA Ranks Neal Gerber Eisenberg among Top Law Firms in Key Practice Areas Friday, June 11, 2010 @ 9:00AMCHICAGO----In its latest annual survey of the U.S. legal market, the respected organization Chambers and Partners has ranked Chicago-based Neal, Gerber & Eisenberg LLP and 28 of its lawyers among the top law firms in Illinois and nationally in their recently released 2010 directory Chambers USA: America’s Leading Lawyers for Business.
On the move Friday, June 11, 2010 @ 5:05AMPeople and business changes of note
Deep Debt & Bankruptcy: To File or Not to File Chapter 7 Bankruptcy? Thursday, June 10, 2010 @ 4:16PMFiled under: Personal Finance , Banking , Budget Almost 2 million Americans will file for bankruptcy this year. Should you be one of them? Filing for bankruptcy is expensive, complicated and time-consuming -- but it might be the right move. According to a recent study many Americans who should file for bankruptcy don't for one simple reason: It's too hard. Before 2005, filing Chapter 7 ...
State facing staggering pension debt Thursday, June 10, 2010 @ 4:08AMFor decades, the state of Illinois has put part of its pension tab on plastic, while charging up earlier and more costly retirements without socking away savings to cover the bill.
Educators criticize enterprise zone plan Wednesday, June 9, 2010 @ 9:33PMEDWARDSVILLE — Two local educators are opposing a proposal to expand an enterprise zone to encourage a new Scott Credit Union office in Edwardsville because they are unsure the state will compensate the Edwardsville School District for the reduction in tax revenue.
Only a fraction of those in need file for bankruptcy Wednesday, June 9, 2010 @ 3:58PMInstead of seeking protection from bankruptcy, a number of debt-laden Americans have gone into a "shadow economy," or informal bankruptcy.
Gary Coleman: The Life of a Legendary Child Actor Wednesday, June 9, 2010 @ 10:54AM(NNPA) - Gary W. Coleman was perhaps the most famous child star in history. He was known for his small stature, lovable charm and incredible talent as a young comedic actor.
MorrisAnderson Promotes Dan Dooley to Chief Executive Officer Monday, June 7, 2010 @ 7:13AMNewly Appointed Leader Led Advancement of Financial Advisory Firm's Capabilities
MorrisAnderson Promotes Dan Dooley to Chief Executive Officer Monday, June 7, 2010 @ 7:00AMCHICAGO, IL--(Marketwire - 06/07/10) - MorrisAnderson announced today that it has named Dan Dooley as chief executive officer (CEO), effective immediately. In his new role, Dooley will be responsible for guiding the financial and operational advisory firm's strategic growth, as well as overseeing its nine offices throughout the country. Dooley joined MorrisAnderson in 1997 and for the past five ...
Erie lawyers named to Super Lawyers list Saturday, June 5, 2010 @ 11:16PMGuy C. Fustine and Neal R. Devlin, both of the Knox McLaughlin Gornall Sennett law firm, have been named Pennsylvania Super Lawyers for 2010.
Mitch Daniels For President? Friday, June 4, 2010 @ 4:06PMIndiana's Republican governor and rising political star wrote a good piece in Friday’s WSJ called "Hoosiers vs. Crony Capitalism." The cronies in this story are Daniels’ former neighbors from Illinois who now occupy the White House. A year ago the Obama administration overturned established bankruptcy law and confiscated money owed creditors in Chrysler’s bankruptcy proceedings. [...]
Mr. Cleveland is Dead at 71 Tuesday, June 1, 2010 @ 1:02AMGrover Cleveland, twenty-second President of the Untied States, and the only Democrat to hold the office of Chief Executive since the time of Buchanan, was born at Caldwell, Essex County, N. J., March 18, 1837. He was the third child of the Rev. Richard Falley Cleveland and Anna Neal Cleveland, and he was christened Stephen Grover, though the first of his given names was never used.
Blacks in Memphis Lose Decades of Economic Gains Monday, May 31, 2010 @ 6:24AMMICHAEL POWELL The combination of growing foreclosures and rising unemployment have destroyed black wealth and income and erased two decades of slow progress.
Business digest: Longview attorney honored and more Sunday, May 30, 2010 @ 12:52AMPosted: Sunday, May 30, 2010 12:00 am | Updated: 12:44 am, Sun May 30, 2010.
Business brief Saturday, May 29, 2010 @ 4:01AMJudge extends Tribune deadlineA bankruptcy judge gave Tribune Co. more time Friday to satisfy lenders' objections before ruling on whether to approve documents describing and soliciting support for its reorganization plan. After hearing arguments regarding the disclosure statement outlining Tribune's proposed Chapter 11 plan and the solicitation document seeking votes from creditors, Judge Kevin ...
Rape claims lead to charges Friday, May 28, 2010 @ 8:22AMTribune investigation had uncovered multiple allegations against doctor in which prosecutors failed to act Tribune investigation had uncovered multiple allegations against doctor in which prosecutors failed to act.
Rape claims lead to charges against doctor Friday, May 28, 2010 @ 8:22AMTribune investigation had uncovered multiple allegations against doctor in which prosecutors failed to act Tribune investigation had uncovered multiple allegations against doctor in which prosecutors failed to act.
Gynecologist charged with sex assault of pregnant woman Thursday, May 27, 2010 @ 10:48PMA longtime gynecologist in the Chicago area was charged Thursday with sexual assault of a patient less than one month after a Tribune report found that the Cook County prosecutor did not act on multiple allegations of rape against him. Sally Daly, a spokeswoman for the state's attorney's office, said Bruce Sylvester Smith was charged with sexually assaulting a pregnant patient during a 2002 ...
Sheriff candidates disclose tax information Wednesday, May 26, 2010 @ 11:50PMSangamon County Sheriff Neil Williamson Wednesday disclosed his tax returns for the past two years, saying they contain “no surprises,” but he thought it best to make them public early in this campaign year.
High court to rule on petition Wednesday, May 26, 2010 @ 10:17PMLA PORTE — Many arguments have been submitted by county, city and school officials as to why Long Beach residents Bill and Dalia Wendt should not be able to block a settlement in La Porte County’s property tax dispute through their petition to the Indiana Supreme Court.
For teacher, a tough lesson in debt settlement Tuesday, May 25, 2010 @ 5:04AMCHICAGO -- Gary Kopycinski teaches religion and ethics in a suburban Chicago Catholic high school, but his effort to practice what he preaches made him the perfect target for a debt settlement company. Three years ago, Kopycinski was told by several advisers that he should file for bankruptcy. His finances were a wreck. He held $35,000 in credit card debt and was on the hook for a car loan that ...