Bankruptcy Finance & Banking Professional Malpractice

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New York’s Lichtenstein Decision Highlights Conflicts of a Carve-Out Guarantor

The recent New York case of Lichtenstein v. Willkie Farr addresses a borrower's conflict caused, in part, by a loan covenant. The covenant invoked personal liability of the members in the event the entity files a voluntary...more

Home Loan Modification Help FAQs from the State Bar of California

Senate Bill 94 does not prevent an attorney from earning fees for helping consumers with home loan modifications. However, no one can accept fees up front for the work, nor can they place fees in their trust...more

Bill on Bankruptcy: Fee Agreement Puts Law Firm In Trustee's Sights [Video]

Jan. 9 (Bloomberg) -- Law firm Kaye Scholer LLP and financial advisor Capstone Advisory Group LLC are in the sights of a U.S. Trustee aiming to claw back $12 million for an undisclosed agreement to share fees awarded in...more

Can I keep an inherited IRA when I file for bankruptcy?

An inherited IRA has been treated differently by bankruptcy courts than IRA's held by the original owner. If you have inherited an IRA and wonder if you can keep it if you file for bankruptcy, or if you have any retirement...more

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